Author Archives: vervinlerkv0403

There is plenty of room for the price to push firmly back within the $300 territory, given the recent pennant breakout. A critical ascending trend line of support is tracking at $230-228, it could also be a potential head and shoulders structure. High:                        240.30Low:Continue reading “AUD/USD rises as US dollar suffers in forex markets”

Today Coinbase is set to launch an app you can now download on iOS and the Android version is coming soon.The App is aimed at the more professional clients, Coinbase set up a separate “pro” platform so that the main Coinbase.com exchange remains as simple and straightforward as possible for normal users.There are some differencesContinue reading “Dollar regains strength in forex markets as euro, pound sufferDollar regains strength in forex markets as euro, pound sufferDollar regains strength in forex markets as euro, pound suffer”

Minneapolis Fed President, Neel Kashkari (dove but a non-voter in 2019), was speaking at an event in New York:Thinks US economy is going to grow but faces risks. Sees Fed rates roughly around neutral. Ought to give more support if downside risks increasedI’m not sure how much further we have to go. Not ready toContinue reading “Thanksgiving holiday throws forex markets into chaos”

On the daily chart, the Cable is trading in a bear trend below the 200-day simple moving average (DSMA). GBP/USD is on fire as Irish PM Varadkar believes it’s possible to reach a deal before October 31st.GBP/USD is challenging the 1.2400 handle as GBP/USD spanned its entire current monthly range. A daily close above theContinue reading “The trade week ahead – EU summitsThe trade week ahead – EU summitsThe trade week ahead – EU summits”