Bitcoin price has yet to trade past resistance at $11,200.00. BTCUSD is hovering around the $11,000.00 psychological handle today. Where is it headed next?
Angeline Feliciano has been trading Forex for over ten years. She has invaluable experience working in FX education companies like BabyPips.com and Learn to Trade as a trader, currency analyst, trading coach, and presenter. Aside from these roles, she has also created intensive educational content on fundamental analysis which is heavily sought after by retail traders. She has taught hundreds of people how to trade the FX market in the Philippines and in Australia. When she is not trading, you can find her in the gym lifting weights.
EURGBP Recoups Most of Its Losses After Germany’s Disappointing GDP; What’s Next?
After a sharp sell-off following the disappointing German GDP report yesterday, EURGBP has been able to recoup most of its losses.
GBPUSD Trades at 4-Month Highs on USD Weakness; UK Lockdowns Shrugged Off
GBPUSD is one of the strongest performers in today’s trading despite news of lockdowns in some parts of the UK being reimposed.
USDJPY Falls to its March Levels Despite Verbal Intervention from Japan’s Ministry of Finance
USDJPY looks poised to extend its losing streak to a sixth consecutive trading day. As of this writing, the currency pair is trading at its March lows.
EURUSD Under Selling Pressure as FOMC Keeps Rates Steady; German GDP Eyed
EURUSD is trading slightly lower in today’s trading following yesterday’s FOMC rate decision. Could today’s German GDP report help attract bids into EURUSD?
Ripple Price Tests Confluence of Support at $0.2400; More Upside Potential Ahead?
As the US dollar gained strength following yesterday’s FOMC interest rate decision, the rally on ripple price stalled. What can we expect from XRPUSD?
Bitcoin Price Struggles to Attract Bids at $11,200.00; US GDP to Provide Direction?
After a strong bullish performance at the start of this week’s trading, bitcoin price has been trading sideways for the past couple of days.
USDJPY Holds on to Support as Fed Keep Rates Steady, Despite Powell’s Dovish Remarks
Movement on USDJPY was limited in yesterday’s trading despite the much-anticipated FOMC interest rate decision. Technicals suggest potential upside.
Bitcoin Price Surges to $10,000.00 With Technicals Suggesting More Upside Potential
Thanks to continued dollar weakness, bitcoin price has broken past resistance. Technicals also suggest there is more upside potential ahead.
WTI Crude Oil Price Slide Below $41.00; Will US Crude Oil Inventories Provide Support?
WTI crude oil price steadily traded lower in yesterday’s trading. Could the inventories report help the commodity find support on the charts?