Weekly forecasts and technical analysis about forex and cryptocurrencies.
BTCUSD Forecast and Technical Analysis & Fundamentals for Bitcoin Introduction The year 2019 ended with December closing within the high-low range of the long bearish November candlestick on FBS broker and exchange terminals, a setup similar to the collection of bearish action in December 2018. Should we expect a break above significant bearish resistance ($7772.71) […]
USD/INR Forecast & Technical Analysis Introduction The USDINR maintains a strong bearish outlook on XM platform after the bears forced the price below significant support level as a result of positive fundamentals for the Rupee. Let’s take a closer look at these fundamental and technical events driving the exchange rates of the USD to INR. India’s […]
BTCUSD Forecast and Technical Analysis & Fundamentals for Bitcoin Introduction Napoleon AM, a Paris-based asset management firm, launched a professional Fund under French laws, dubbed the Napoleon Bitcoin Fund (NBF). The NBF would function by making a replica price of cash-settled Bitcoin Futures on the CME, a first of its kind that gives exposure to […]
USD/INR Forecast & Technical Analysis Introduction Over the last four weeks, the Indian Rupee has suffered a battery from the USD on IQ option broker offering the pair to their pairs. You may want to check out our broker section for a list of such brokerages. In this post, we take a look into the […]
BTCUSD Forecast and Technical Analysis & Fundamentals for Bitcoin Introduction The demand for Bitcoin BTC dries up across all crypto broker platform following a plunge in mining reward starting from Jul 11 and 13 ’19. Notice how the pair transitions into a corrective A-B-C wave after completing a 5-wave (Elliot wave) pattern on Dec ‘17. […]
USDINR Forecast & Technical Analysis Introduction We’ve been following the marker trend dynamics of the Indian Rupee for a while on Binomo India platforms and it’s obvious the Greenback is becoming increasingly dominant against the INR. Let’s take a look at the charts and key macro-economic events for this week. India’s Fundamentals India Bank Loan […]
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 […]
BTCUSD Forecast and Technical Analysis & Fundamentals for Bitcoin Introduction A report published by Bloomberg from an analysis of major Indian forex brokers an increase in the trading volume of Bitcoin BTC futures by roughly 50%. The report confirms that Bitcoin BTC is becoming a growing asset class. Institutional investors that have been risk-averse in […]
USD/INR Forecast & Technical Analysis Introduction The USDINR on Binomo websites bounce off the critical MA-50 from a monthly time frame and shows a stronger USD. In this post, we move on to analyze technical chart patterns starting from the weekly time frame and down to the intraday charts. We’ll also touch on a few […]
BTC/USD Forecast and Technical Analysis & Fundamentals for cryptocurrency Introduction According to Bitcoin bull and crypto analyst, Peter Brandt, in a tweet on September 29, the Bitcoin price could slump towards the $5500.00 area. The Bitcoin BTC on XM broker and exchanges already head towards Mr. Brandt’s projected price range. Let’s take a closer look […]