Financial news and actionable analysis
Bitcoin Cash price has been relatively mute in the past few days. The price has barely moved in the past 24 hours. This is in line with what other cryptocurrencies have performed. For example, according to Coin Market Cap, Bitcoin, Ethereum, and Tether have moved by less than 1% in the past 24 hours.
Silver price trades higher for the seventh consecutive trading session as the rebound from recent lows is intact as global markets recover from recent lows.
EURUSD has enjoyed a 3% rally so far for this week. However, technicals suggest that the bullish run on the currency pair could soon be over.
Gold price fell slightly today as traders took profits from its best week since the 2008/9 financial crisis. In the past five days, the price of gold has surged by more than 10% and passed the important resistance level of $1,700.
The EUR to GBP continues lower for the fourth consecutive day as the pair corrects from seven-month highs. The British pound is under selling pressure
The Nikkei 225 and other Asian stock indices traded higher today mimicking the performance of Wall Street last night. But the JPY is leading currencies. In fact, EURJPY presents a strong technical setup for a sell.
