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EURUSD Potential Forecast
Fundamental Backdrop Overall, EURUSD continues to be a bullish case on the larger timeframe. There are good reasons to believe in a bull case due to the interest rate differential between EUR and USD. Technical Confluences 1. Price is currently hovering around the previous swing high and bullish mom
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Russia Legalizes Cryptocurrencies Terming Them Property
Photo: Arnab Shome
The Russian State Duma has passed a bill on Wednesday legalizing cryptocurrencies in the country and also properly defining them.
As reported by local news agency TASS, the legislative body approved the draft bill in the third reading.
In Russia, any digital currency will now
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AUD/USD: Chances to break the 0.72 mark while above 0.71
AUD/USD recovered some ground on Monday, ending the day not far below a daily high of 0.7149. Today, the aussie is on the back foot, trading around the 0.7130 mark, down 0.2% on a day. The pair is neutral-to-bullish in the short-term and could break through 0.7200, Valeria Bednarik, Chief Analyst at
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Bitcoin Forecast: BTC Price Breaking Out as US Dollar Crumbles
Bitcoin price action blows past key technical resistance as BTC/USD jumps 20% in a week
Bullish market activity underpins top cryptocurrencies and precious metals as USD weakens
The FOMC decision on deck and potential for a US Dollar reversal leaves Bitcoin at risk
BTC prices have ripped higher ove
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Sterling Rises in Mixed Markets, Dollar Weak ahead of Fed
Sterling surges broadly in rather mixed markets today. Rebound in cross against Euro is seen as a major reason for the Pound’s strength. Australian Dollar is following as the second strongest for now, partly listed by cross buying against New Zealand Dollar. Kiwi and Swiss Franc are, on the other ha
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CLSA Shareholders Vote Against Business Wind Up
Photo: Bloomberg
CLSA Premium Limited, a Hong Kong-based forex broker, on Tuesday, has posted the results of the voting on a proposal for winding up of its business, showing a decision against it.
In a voting process conducted earlier today in an extraordinary general meeting (EGM), 80 percent of
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SP 500 intraday: Bullish bias above 3218.00
DAX: Intraday support around 12810.00
Stay on top of the markets with Swissquote’s News & Analysis
Pivot (invalidation): 12810.00
Our preference Long positions above 12810.00 with targets at 12948.00 & 13067.00 in extension.
Alternative scenario Below 12810.00 look for further downside
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