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FX.co ★ Analytics kcu21

Bitcoin will not fall below $40,000. Forget about crypto winter

Bitcoin continues to trade sideways at 52,929.55 - 57,513.35 between the two blue dotted lines. Moreover, the volatility of the main cryptocurrency slowed down even more, as the BTC/USD quotes...
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2021-05-07

ETH takes a break, XRP and LTC approaches important marks: reasons and forecasts

The cryptocurrency market has been on the rise over the past few days. However, this is largely the merit of Ethereum and several other altcoins. Major cryptocurrencies, like bitcoin, fluctuate...
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2021-05-07

Trading Signal for Ripple XRP, for May 07 - 10, 2021: Buy above $1,6277

On the technical level, we note that XRP is located in 4-hour charts above the SMA of 21 and the EMA of 200. This is a sign that there could...
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Analytical expert: Dimitrios Zappas
2021-05-07

Bullish breakout in SPX, but longer-term picture remains vulnerable

In our last analysis on SPX we mentioned that a pull back towards 4075 was justified as long as price was trading below 4180. Breaking above 4180 would...
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Analytical expert: Alexandros Yfantis
2021-05-07

XRP/USD challanges important resistance area of $1.60-$1.70.

XRP/USD has come back towards the major resistance area of $1.60-$1.70. Price briefly moved above the resistance but price is back inside the resistance area. So far price action shows...
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Analytical expert: Alexandros Yfantis
2021-05-07

USDJPY confirms our bearish short-term view.

In previous posts we warned traders in USDJPY of the increased chances of a reversal from 109.60. In our latest analysis we mentioned the horizontal support at 109.10 that...
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Analytical expert: Alexandros Yfantis
2021-05-07

Ichimoku cloud indicator analysis of EURUSD for May 7, 2021

EURUSD has provided another bullish signal by breaking above the 4 hour Ichimoku cloud. EURUSD has broken above the key short-term resistance of 1.2070 and is already above 1.2130. Trend...
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Analytical expert: Alexandros Yfantis
2021-05-07

Gold price reaches bullish target

Yesterday we mentioned in our analysis that if Gold price were to break above the trading range, it would produce a bullish signal and the target would be at $1,837...
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Analytical expert: Alexandros Yfantis
2021-05-07

EUR/USD: Strong statistics on US employment and inflation may bring investor interest back to sales

Disappointing US business statistics, falling Treasury yields, and the dovish rhetoric of most Fed officials have made the US dollar lose much of the gains it has made since late...
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Analytical expert: Marek Petkovich
2021-05-07

Trading Signal for Gold XAU/USD, for May 07 - 10, 2021: Key level 1820

Yesterday in our analysis we noted the bullish outlook for gold, you can review here . In the early American session, gold, XAU / USD, is trading with a strong...
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Analytical expert: Dimitrios Zappas
2021-05-07