Bitcoin Analysis for 13.02.2018


The Chinese state news agency seems to strengthen its position on the OTC exchange of crypto and foreign ICOs, which are still active in the country, calling them an attempt to circumvent the existing rules. The report published by Xinhua News Agency describes in detail how easy it is to acquire cryptocurrency assets via the OTC channel.

Forecast and technical analysis EURUSD on February 13, 2017.


Today, as trading in Europe is soon to get underway; the single currency is trading at 1.2308 against the greenback, marking a modest rise of 0.16%. In the wake of these small gains, the US dollar index has slipped by 0.13% to trade at 89.89. The euro has been slowly rising against the dollar since it rebounded yesterday from the 1.2240.

Ichimoku cloud indicator analysis of Gold for February 13, 2018


Gold price remains in a bearish short-term trend as price is below the 4-hour Kumo (cloud) at $1,334-41. Price is bouncing to challenge cloud resistance. Bulls need to be cautious in case we see a rejection at $1,334. On the other hand, bears need to push price back below $1,321 as soon as possible.

Bitcoin Analysis for 12.02.2018


French and German finance ministers are still demanding strict regulation of Bitcoin and other cryptocurrencies. According to reports, the French Finance Minister Bruno Le Maire and the Interim German Finance Minister Peter Altmaier wrote a letter to fellow finance ministers of the G20, in which they argue that cryptocurrencies are not only risky for investors but also threaten the long-term global financial stability.

Forecast and technical analysis EURUSD on February 09, 2017.


EURUSD: buyers trying to induce a reversal

On Thursday the 8th of February, trading on the euro closed slightly down. A low of 1.2212 was hit on the back of a sharp jump on the British pound and the collapse of the EURGBP cross following the conclusion of the Bank of England’s meeting.


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