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Bitcoin still consolidating above 200 SMA!

Google’s decision about banning Crypto ads had a great negative impact on Bitcoin. Reviewing the daily TF, the cryptocurrency is still consolidating above 200 SMA for the third day. In addition, Stochastics is flatting below 20 level, which is an indication of the bearish weakness. In the meanwhile, we have drawn a minor falling wedge […]

CADJPY Daily Trading Plan

We are following a simple, well known technical pattern, named Pivots, in order to find out opportunities in the market. Pivot points are calculated as an average of significant prices from the performance of the market in the prior trading day. The Pivots are often turning points for the direction of price movement in the market. […]

Market Daily FX Outlook – Pound has a volatile session

The UK is not going to quit the negotiations with the EU even if the Oct. 15 deadline expires based on Bloomberg.  On the other hand, France appears pessimistic about finally having a deal and the EU summit will probably confirm the dead-end in the Brexit talks as they believe there is no sufficient progress. CopyTrade with ZuluTrade […]