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Forex Analysis:::2021-05-07T18:44:58
May 7, 2021 : EUR/USD Intraday technical analysis and trade recommendations.
More bearish decline was expected towards 1.1970 which has provided quite significant bullish rejection so far. Bearish breakout below 1.1970 was needed to enable more bearish decline initially towards 1.1925...
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2
Crypto Analysis:::2021-05-07T15:20:50
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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3
Forex Analysis:::2021-05-07T18:35:44
May 7, 2021 : EUR/USD daily technical review and trade recommendations.
Now, the price zone of 1.1990 stands as a prominent SUPPORT-Zone for the EURUSD pair. More upside movement is expected to pursue towards 1.2175 (backside of the broken trendline) where...
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4
Forex Analysis:::2021-05-07T16:25:31
EUR/USD: USD knocked down by disappointing US NFPs
The greenback was knocked down by the weak US nonfarm payrolls for April. Indeed, the employment in April greatly undershot the forecast. Meanwhile, EUR/USD is testing multi-week highs. US nonfarm...
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5
Crypto Analysis:::2021-05-07T16:58:03
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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6
Forex Analysis:::2021-05-07T14:57:50
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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7
Crypto Analysis:::2021-05-07T15:03:56
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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8
Crypto Analysis:::2021-05-07T16:39:59
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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9
Forex Analysis:::2021-05-07T18:39:23
May 7, 2021 : GBP/USD Intraday technical analysis and trade recommendations.
By the end of last week, temporary signs of bullish breakout above 1.3950 were witnessed. However, this turned out to be a bullish trap once the Gbp/Usd pair returned below...
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10
Forex Analysis:::2021-05-07T15:18:14
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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