Analytics

ETH/USD sank from $192 to $180.85 this Friday. The market has found support at the SMA 20 curve. ETH/USD bulls have taken the price of the asset from $181 to $182.15 so far today. The buyers are attempting to take back control of the market following a devastatingly bearish Friday. During the last two days,…

The daily confluence detector shows two healthy resistance levels on the upside. On the downside, there is one support level of note at $8,235. BTC/USD has gone up from $8,267.85 to $8,290.60 so far today. Like the rest of the crypto market, BTC/USD suffered a heavily bearish Friday, as well. The price of the asset…

The daily XRP/USD chart has found support at the SMA 50 curve. The Elliott Oscillator had a bearish session after six straight bullish sessions. XRP/USD daily chart XRP/USD bulls have taken control of the daily price chart following two straight bearish days and are attempting to break above the downward trending line. The price is…

Following two straight bearish days, BCH/USD bulls had a positive start to Saturday. Relative Strength Index (RSI) indicator is trending around 39.70. BCH/USD went up from $221.30 to $223.35 so far today. The daily price chart has met resistance at the $239.80-line, the downward trending line and the 20-day Simple Moving Average (SMA 20) curve.…

OKEx announced the delisting of these privacy coins back on October 2. The firm will review compliance with the “Travel Rules” as per recommendations by the Financial Action Task Force. Crypto exchange OKEx Korea stopped trading Monero (XMR), DASH, Zcash (ZEC), Horizen (ZEN) and Super Bitcoin (SBTC) on October 10. Back on October 2, the…

The bank is looking for experts in computing, cryptography, micro-electronics, and econometrics. PBOC recently denied claims that they are going to be launching a digital currency. Despite declining reports about its alleged digital currency, PBOC’s actions have spoken otherwise. The People’s Bank of China (PBoC) has hired six tech experts after posting job openings for…

According to Cristina Alesci, business and politics correspondent for CNN, China has officially invited the United States (US) Trade Representative Lighthizer and Treasury Secretary Mnuchin and their teams for additional trade talks in China ahead of next month’s APEC summit in Santiago. Wall Street’s main indexes seem to be pushing higher on this development. As…

The risk-on sentiment boosts AUD/USD to the 0.6800 handle. The level to beat for bulls is the 0.6815 resistance.   AUD/USD daily chart    The Aussie is trading in a bear trend below the 100 and 200 simple moving averages (SMAs) on the daily chart. The risk-on mood is boosting the AUD.      AUD/USD…

Today’s employment report from Canada came in above expectations showing a gain in jobs of 53K in September against the 10K expected. According to Matthieu Arseneau, analyst at National Bank of Canada, explains the data does not argue in favor of more monetary stimulus from the central bank.  Key Quotes: “The LFS employment report beat…

The White House announced that the United States (US) Treasury Secretary, Steven Mnuchin, will be holding a press briefing at 17:45 GMT on Friday. Although it’s unclear what the briefing will be about, there is market chatter that he won’t be touching on trade negotiations with China. Earlier in the session, CNN reported that China had officially…