Brendon
Brendon
Brendon
Brendon
5 Follow 91 Followers
1,083 Popularity
Kimlove
8815805
iDailyFX-Pro
··· 26 Vistors
Move-in date 01 Jan 2020 Joined
position Malaysia
birthday 13 Aug 1972 Birth
avatar
05 Sept

EUR/JPY: Euro remains vulnerable to a deeper correction lower in the near-term – MUFG

Analysts at MUFG Bank, continue to argue the EUR/JPY pair could drop further. They consider the idea of a short-position with a target at 122.80 and a stop-loss at 127.20.  Key Quotes: “According to our yield-based valuation model, the EUR has become significantly overvalued. At the same time, bulli
avatar
05 Sept

USD/CHF hits three-week highs above 0.9150 on dollar's strength

US dollar gains momentum across the board near the end of the week. Wall Street tumbles, US yield rise and CHF weakens. The USD/CHF broke above 0.9135 and jumped to 0.9163, reaching the highest level since August 12. Near the end of the week, it is hovering around 0.9150, far from the five-year low
avatar
05 Sept

Coronavirus update UK: 1,940 new coronavirus infections confirmed on Friday

There were 1,940 new confirmed coronavirus infections in the UK as of Friday morning, the UK government data showed. This reading followed Thursday's increase of 1,735. Further details of the daily report revealed that the total number of fatalities within 28 days of testing positive for COVID-19 ro
avatar
05 Sept

Gold Price Analysis: XAU/USD under pressure, hits weekly lows but remains above $1910

As the US dollar resumes the upside, pressure mounts on gold. XAU/USD drops to $1,916/oz, still remains above critical support area. Gold prices peaked immediately after the release of the US employment report at $1,948/oz but then reversed quickly as the US dollar resumed the upside across the boa
avatar
05 Sept

EUR/USD Price Analysis: Bears flirting with 1-month-old ascending channel support

EUR/USD drops to fresh weekly lows during the early North American session on Friday. The set-up supports prospects for an eventual break below an ascending trend-channel. Bears might now aim to retest August monthly swing lows, near the 1.1700-1.1695 area. The EUR/USD pair refreshed weekly lows, a
avatar
05 Sept

AUD/USD slides to over one-week lows, further below mid-0.7200s

AUD/USD drifts back into the negative territory for the third consecutive session on Friday. A sudden pickup in the USD demand was seen as a key factor exerting pressure on the pair. A sharp fall in the US unemployment rate, surging US bond yields underpinned the greenback. A pickup in the demand f
avatar
05 Sept

S&P 500 Index opens higher led by financial shares

Wall Street's main indexes started the last day of the week in the positive territory. Nonfarm Payrolls in the US rose 1.37 million in August. Financial shares post strong gains boosted by surging T-bond yields. Following Thursday's heavy selloff, the S&P 500 Index (SPX) opened in the positive
avatar
04 Sept

Cryptocurrencies Price Prediction: Bitcoin, Tron and Cardano – European Wrap 2 September

Bitcoin Market Update: BTC/USD may be on the verge of the abyss as miners start to cash out Bitcoin touched $12,000 earlier this week and once again failed to hold the ground. The price of the first digital asset dropped as lo was $11,100, before moving back inside the recent range. At the time of w
avatar
04 Sept

Cardano Price Analysis: ADA/USD breaks below important support, more sell-off ahead

Cardano (ADA) is poised for further sell-off after a move below daily SMA50. A sustainable move above this barrier will negate the bearish scenario. Cardano (ADA) is the 12th largest digital asset with the current market capitalization of $2.63 billion and an average daily trading volume of $385 mi
avatar
04 Sept

Bitcoin Market Update: BTC/USD may be on the verge of the abyss as miners start to cash out

Bitcoin miners have started to transfer their coins to the exchanges. If $11,100 gives way, the sell-off pressure will increase, the next focus on $10,300. Bitcoin touched $12,000 earlier this week and once again failed to hold the ground. The price of the first digital asset dropped as lo was $11,
avatar
04 Sept

Top 3 Price Prediction Bitcoin, Ethereum, Ripple: Crypto market unloads ballast in pivoting areas

Bithumb legal problems activate necessary sales in the face of accumulated overbought. Market sentiment remains high and is on a downward path. Bitcoin's dominance chart suggests an increase in BTC's market share in the mid-term. The crypto board goes red after the news of the accusation of fraud t
avatar
04 Sept

BTC/USD – Solid dollar comes with a reversal pattern

BTCUSD, Daily – Yesterday was another day when Bitcoin's price fell from the $12,000 resistance zone to close down more than $640 as a result of an appreciation of the US Dollar overnight . Yesterday, the ADP Non-Farm employment figure came out lower than the market expected, which was double the pr
avatar
04 Sept

Cryptocurrency Market News: India's PM Narendra Modi Twitter Hacked for Bitcoin and Ethereum donations

Markets: The cryptocurrency market is bleeding on a wide scale, led by Bitcoin's price drop to the support at $11,100. Data by CoinMarketCap highlights a significant drop in the total market capitalization from $389 billion on Wednesday to $372 billion at the time of writing. An increase in the trad
avatar
03 Sept

Bitcoin Technical Analysis: BTC/USD return to $12,000 won’t come easy – Confluence Detector

Bitcoin loses almost $1,000 in less than a day following another rejection at $12,000. Recovery from $11,155 encounters intense selling pressure under $11,500. Price action to $12,000 will not be easy, especially with the strong confluence resistances at $11,565 and $11,684 Bitcoin price lock-step
avatar
03 Sept

Cryptocurrencies Price Prediction: Bitcoin, Ethereum & Ethereum Classic – Asian Wrap 3 Sep

Bitcoin Price Prediction: BTC/USD tries to make most of miserable day by staying above $11,400 BTC/USD had a devastatingly bearish Wednesday wherein it fell from $11,923.78 to $11,415. As of now, the bulls will simply look to above the $11,400 range. On the downside, they have heathy support at $11,

Pull-up Update