Weekly forecasts and technical analysis about forex and cryptocurrencies.
USDINR Forecast & Technical Analysis Introduction This week the USDINR and other FX pairs on IQ Option transition into a new monthly candlestick, and showing strength for the US dollar. Let’s turn to the time series charts of the USD vs. INR and perform a top-down analysis, identifying the critical support/resistance levels, technical chart patterns, […]
BTCUSD Forecast and Technical Analysis & Fundamentals for Bitcoin Introduction Traders liquidate their positions in gold and crypto assets in a bid to cover their positions in crashing stock markets has led to a domino effect on all Indian brokers platforms as Bitcoin BTC sees a -63.43% slump from the 10 Feb ’20 high. The […]
USDINR Forecast & Technical Analysis Introduction The Indian Rupee is not spared from the USD dominance as global traders and investors, including those on India forex, find shelter in the United States dollar following a worldwide increase in death count from the COVID-19 virus. Let’s move on to analyze the impact of some other fundamental […]
BTCUSD Forecast and Technical Analysis & Fundamentals for Bitcoin Introduction Bitcoin BTC HODLers are faced with fear, uncertainty, and doubt as the number one cryptocurrency hits resistance sending the exchange rate crashing south on all bitcoin brokers. In this post, we’ll expose the key chart patterns, technical support, and resistance levels as well as look […]
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 […]
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 […]
USDINR Forecast & Technical Analysis Introduction The Indian Rupee has been in a struggle with the USD on Iq Option platform, setting resistance levels that may or may not stand the test of time. This week, we’ll establish the resistance and support levels and reveal possible price trends around them. We’ll also touch on some […]
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 […]
USDINR Forecast & Technical Analysis Introduction The Indian Rupee vs. USD ( USDINR ) listed on Binomo broker sites has been in a side-ways market structure for five months in a row as both pair struggle for control over the direction of the exchange rate. Although the range-bound market setup seems to favor the Greenback, […]
BTCUSD Forecast and Technical Analysis & Fundamentals for Bitcoin Introduction Bitcoin BTC price set new highs as traders earnestly anticipate the third BTC halving set to take place in May ’20. An increase in miners’ revenue as illustrated on the MIREV chart below already shows a hike in Bitcoin price. Read on for more insights […]