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BITCOIN Analysis for August 17, 2018

Bitcoin has been quite consistent with the bullish momentum after being rejected off the $6,000 area with a daily close. The price action is currently quite volatile which signals certain bullish pressure emerging in the market which might lead to cert... [...]

USD / CAD: Focus on Canadian inflation

The Canadian dollar at the end of the week fluttered, stopping in the middle of the 31st figure. Contradictory fundamental factors interrupted the northern movement of USD / CAD, although there are now more factors in favor of weakening the "loonie" th... [...]

The dollar is not ready for correction yet

The news that China and the United States are planning to hold trade talks helped to ease tensions in financial markets and led to a correctional decline in the dollar, but the level of the Chinese delegation is clearly insufficient to resolve the accu... [...]

Control zones of GBP / USD as of August 17, 2018

In the past Wednesday, the pair tested the monthly short-term fault of August and the weekly short-term fault of 1.2690-1.2666, which was the main target of the bearish momentum. The emergence of demand and holding prices above the monthly short-term i... [...]

Control zones of EUR / USD as of August 17, 2018

This week, the pair tested the monthly short-term fault of August, which allowed to observe the growth in demand. The probability of forming a deep correctional or reversal model has increased to 70%.Yesterday, the pair formed a local accumulation zone... [...]