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Russia Legalizes Cryptocurrencies Terming Them Property

Photo: Arnab Shome The Russian State Duma has passed a bill on Wednesday legalizing cryptocurrencies in the country and also properly defining them. As reported by local news agency TASS, the legislative body approved the draft bill in the third reading.   In Russia, any digital currency will now
GOLD Near Term: Upside favored Time 30-07-2020 05:01:00 Pivot 1925 Technical View Long position above 1925. Target 1995. Conversely, break below 1925, to open 1905. Comments The pair faces correcti...
S&P 500 Index is unwaivered by the increased numbers of covid 19 cases in the US and is trading at fresh session highs near 3,240, gaining 0.7% on a daily basis. #S&P500# ...
Gold bulls are back in control as prices of the precious metal rallied to their highest level on record earlier this week, $1,974.70, surpassing its previous record peak from September 2011. Comex gol...
USD Index is still on the downside. it is down 0.23% on the day at 93.50. #USDollarIndex# #trading#

AUD/USD: Chances to break the 0.72 mark while above 0.71

AUD/USD recovered some ground on Monday, ending the day not far below a daily high of 0.7149. Today, the aussie is on the back foot, trading around the 0.7130 mark, down 0.2% on a day. The pair is neutral-to-bullish in the short-term and could break through 0.7200, Valeria Bednarik, Chief Analyst at
From $90 to $26 hmm

Bitcoin Forecast: BTC Price Breaking Out as US Dollar Crumbles

Bitcoin price action blows past key technical resistance as BTC/USD jumps 20% in a week Bullish market activity underpins top cryptocurrencies and precious metals as USD weakens The FOMC decision on deck and potential for a US Dollar reversal leaves Bitcoin at risk BTC prices have ripped higher ove

Sterling Rises in Mixed Markets, Dollar Weak ahead of Fed

Sterling surges broadly in rather mixed markets today. Rebound in cross against Euro is seen as a major reason for the Pound’s strength. Australian Dollar is following as the second strongest for now, partly listed by cross buying against New Zealand Dollar. Kiwi and Swiss Franc are, on the other ha

CLSA Shareholders Vote Against Business Wind Up

Photo: Bloomberg CLSA Premium Limited, a Hong Kong-based forex broker, on Tuesday, has posted the results of the voting on a proposal for winding up of its business, showing a decision against it. In a voting process conducted earlier today in an extraordinary general meeting (EGM), 80 percent of

SP 500 intraday: Bullish bias above 3218.00

DAX: Intraday support around 12810.00 Stay on top of the markets with Swissquote’s News & Analysis Pivot (invalidation): 12810.00 Our preference Long positions above 12810.00 with targets at 12948.00 & 13067.00 in extension. Alternative scenario Below 12810.00 look for further downside
USDJPY Near Term: Downside favored Time 29-07-2020 22:20:00 Pivot 104.30 Technical View Short position below 104.7. Target 107.3. Conversely, break above 104.7, to open 103.5. Comments The pair rem...

GBPUSD MMM looking for sells during NY session

#GBP/USD# Market Maker Method. I know it looks confusing...it is supposed to its the MMM

US Recession Watch, July 2020 - Shapes of the Recovery: J-Curve

US Recession Watch Overview:The Q2’20 US GDP report will likely produce the worst quarter of growth data in US economic history. But markets are forward looking, right? What matters more is how Q3’20 is shaping up.It’s very likely that Q3’20 US GDP returned into positive territory, but the

Pull-up Update