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Cryptocurrency Trading

USDINR – Weekly Outlook & Analysis for July 8 2019

USDINR Forecast & Technical Analysis for India Forex Introduction There are uncertainties if the US congresses are willing to extend the scheme supplementing jobless benefits beyond July 31. Some states are having new cases of coronavirus, and the numbers are increasing. The Indian rupee did not do too badly against the US dollars as traders […]

BTCUSD Weekly Outlook and Bitcoin Fundamentals , June 30 2020

BTCUSD Forecast and Technical Analysis & Fundamentals for Bitcoin Introduction The Indian brokers and traders are concerned about the tension between the American and Chinese miners as the hash power is migrating from the east to the west among the mining firms. BTCUSD: Technical Analysis Monthly Chart Monthly Resistance Levels: 19764.58, 17351.48, Monthly Support Levels: […]

USDINR – Weekly Outlook & Analysis for May 26 2019

USDINR Forecast & Technical Analysis for India Traders Introduction The India forex market is another market that the OlympTrade traders are interested in because of the RBI decision on rate cut and how it may affect the market in the coming weeks. As the race to deliver the vaccine for Covid-19 continues, the government wants […]

BTC/USD Weekly Outlook and Bitcoin Fundamentals , May 21 2020

BTC/USD Forecast and Technical Analysis & Fundamentals for Bitcoin Introduction The Covid-19 pandemic has changed the entire system of the world in the way it transacts its businesses.  We can see that from various fundamental news across the globe, policies from different countries show that governments agreed to add another stimulus to the previous stimulus […]

Bitcoin to USD ( BTCUSD ) Weekly Outlook , July 9 2020

BTCUSD Forecast and Technical Analysis & Fundamentals for Bitcoin Introduction After a volatility oversold that sent the Bitcoin price crashing south on OlympTrade platform, buyers quickly hurried in to buy the dip around the $4000.00 round number support, bringing the BTCUSD back above the 50 monthly Moving Average. Should we expect the support levels to […]

USDINR – Weekly Outlook & Analysis for March 5 2019

USDINR Forecast & Technical Analysis Introduction Last week, an increase in buying power as revealed on IQ Option India platform forced the USDINR out of the prolonged sideways market and flowing into a bullish trend. The recent surge in the exchange rate allows traders to buy into dips from an intraday perspective. Read on as […]

Bitcoin to USD ( BTCUSD ) Weekly Outlook , February 29 2019

BTCUSD Forecast and Technical Analysis & Fundamentals for Bitcoin Introduction The total cryptocurrency market cap drops from its Feb high at $306.5 B (-23.3%), leading to a negative ripple effect across the entire FBS platforms last week. Also, the city of Lagos, Nigeria, reports its first exposure to the novel coronavirus.  Come along as we […]

Bitcoin to USD ( BTCUSD ) Weekly Outlook , February 13 2019

BTCUSD Forecast and Technical Analysis & Fundamentals for Bitcoin Introduction With an increase in miners’ reward, comes an increase in institutional money into the crypto space.  The recent virus (Coronavirus) outbreak in Asia China in the past weeks has forced investors to seek refuge in the crypto market. Read on as we analyze basic chart […]

Bitcoin to USD ( BTCUSD ) Weekly Outlook , November 14 2019

BTCUSD Forecast and Technical Analysis & Fundamentals for Bitcoin Introduction A bizarre rumor has been spreading this week after privacy based coin Grin on November 11 received an anonymous donation of about 50 Bitcoin (BTC), with many people claiming that Satoshi was behind the generous donation. The company, who, on November 11, announced the donation […]

USD/INR – Weekly Outlook for June 28 2019

USD/INR Forecast & Technical Analysis Introduction In the previous week, Olymp Trade record recovery in the strength of the Indian Rupee after the USD/INR established a weekly high of 70.776 INR.  Come along as we look into the fundamental and technical events driving the price. India’s Fundamentals  India’s FX Reserves is a macroeconomic data published […]