Bitcoin at critical support, Ehtereum and Ripple look worse

Bitcoin, Ethereum, and Ripple suffer another major sell-off, extending their falls. The three cryptocurrencies have very different technical pictures. The Confluence Detector shows clusters of technical levels according to their importance. BTC/USD has strong support at $6,381 The price of Bitcoin has support at $6,381. This is the convergence of the Bolinger Band one-hour Lower, the … “Bitcoin at critical support, Ehtereum and Ripple look worse”

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GBP/USD: Against Cyclical Drivers, Cable Should Be Trading North Of 1.34 – TD

The pound struggled to stabilize amid a mixed jobs report and the Brexit bill. Here is their view, courtesy of eFXdata: TD Research discusses GBP/USD outlook and adopts a tactical bullish bias, and sees a scope for a move towards 1.3675. “Alongside a decent round of data this morning, the recent string of events should offer GBP … “GBP/USD: Against Cyclical Drivers, Cable Should Be Trading North Of 1.34 – TD”

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GBP/USD: Against Cyclical Drivers, Cable Should Be Trading North Of 1.34 – TD

The pound struggled to stabilize amid a mixed jobs report and the Brexit bill. Here is their view, courtesy of eFXdata: TD Research discusses GBP/USD outlook and adopts a tactical bullish bias, and sees a scope for a move towards 1.3675. “Alongside a decent round of data this morning, the recent string of events should offer GBP … “GBP/USD: Against Cyclical Drivers, Cable Should Be Trading North Of 1.34 – TD”

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British Pound Rallies Higher on Mixed UK Jobs Data and Brexit Vote

The British pound today rallied higher following the release of the latest UK employment report, which had mixed results. The GBP/USD currency pair later gave up most of its gains, but rallied higher in the American session as the UK Parliament voted on a crucial Brexit bill. The GBP/USD currency pair today rallied from a low of 1.3340 to an intra-day high of 1.3419 after the jobs report, before declining for a few hours then rallying … “British Pound Rallies Higher on Mixed UK Jobs Data and Brexit Vote”

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Land of the rising expectations: did “Abenomics” deliver?

Japan is an extreme case for many of the sociological characteristics of the western world. Here is an advanced nation who suffers in the last 3 decades from difficulties to adjust its economy to the contemporary global environment, and to its shrinking labor force. Since the end of 2012, Japan is conducting its economy according … “Land of the rising expectations: did “Abenomics” deliver?”

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Land of the rising expectations: did “Abenomics” deliver?

Japan is an extreme case for many of the sociological characteristics of the western world. Here is an advanced nation who suffers in the last 3 decades from difficulties to adjust its economy to the contemporary global environment, and to its shrinking labor force. Since the end of 2012, Japan is conducting its economy according … “Land of the rising expectations: did “Abenomics” deliver?”

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How to Protect Yourself Before CryptoSecurities Trading

CryptoSecurities, Not CryptoCurrency Plain and simple, this is a more accurate term for what is de facto happening. When Bitcoin and the blockchain came about initially, those early adopters had a very different vision in mind for the potential of this technology than what is happening today. The crypto space has been quickly and swiftly … “How to Protect Yourself Before CryptoSecurities Trading”

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NZ Dollar Rallies on Monday amid Positive Market Sentiment

The New Zealand dollar rose against its most-traded peers, though not versus the euro, today amid the positive market sentiment. Underwhelming domestic data did not deter the currency from rising. New Zealand manufacturing sales rose 0.6% in the March quarter of 2018 from the previous three months. It was a much slower rate of growth compared to 2.6% registered int the December quarter of 2017, which itself was … “NZ Dollar Rallies on Monday amid Positive Market Sentiment”

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Euro Strong During Week, Softens by Weekend

The euro ended the trading week as the strongest major currency amid receding fears of turbulent European politics and speculations that the European Central Bank will discuss quantitative easing tapering next week. By the end of the week, though, the currency softened a bit. While the euro suffered the week before due to concerns about political turmoil in Europe, Italy and Spain in particular, such fears waned in the first half of this week. Meanwhile, comments from … “Euro Strong During Week, Softens by Weekend”

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Euro Soft After Bunch of Weak Economic Releases from Eurozone

The euro fell against its major rivals today after the release of worse-than-expected economic reports in Germany and France. Fears of trade wars were also hurting the currency. Currently, the euro has trimmed its losses but is still trading below the opening level. German industrial production fell 1.0% in April from the previous month instead of rising 0.4% as analysts had predicted. The trade balance surplus shrank to â‚¬19.4 billion … “Euro Soft After Bunch of Weak Economic Releases from Eurozone”

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