Technical analysis of BTC/USD for 16.04.2019


The BTC/USD pair has made a top for the wave b at the level of $5, 181 and after the Bearish Engulfing candlestick pattern occurred at the H4 timeframe chart, the market reversed suddenly and moved down towards the technical support at the level of $4,928. The support has not been hit, but it looks like a matter of time for the bears to test this level and move even deeper towards the level of $4,795. Please notice, there is still one more wave to the downside missing, the wave (c) and only after this wave is completed, the uptrend should resume.

Technical analysis of EURUSD for 15.04.2019


EURUSD: Monday is correction day

Last week, the major currencies all gained ground against the US dollar, except for the safe havens. The Aussie dollar gained 0.97% against the greenback, while the euro rose by 0.75%, the Kiwi dollar by 0.44%, the Canadian dollar by 0.42%, and the pound by 0.32%. The yen, on the other hand, shed 0.27%, with the Swiss franc losing 0.23%.


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