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Civileng has taken 15th place in Touch Binaries Contest Apr 2018

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GBP/USD flips eye bears eye breakdowns of 200-D

  • GBP/USD: market gets back to the trend and that is down, eyes on a test of 200-D SMA.
  • GBP/USD: below 200-D SMA, bears can target the 50-W SMA at 1.3412.
GBP/USD was initially bid post the FOMC outcome but the bears have got back involved at cheaper levels aiming for an attack on the 200-D SMA at 1.3534. Currently, GBP/USD is trading at 1.3560, down -0.39% on the day, having posted a daily high at 1.3668 and low at 1.3555.Sterling is making fresh daily lows as the market flips over after the Fed le…
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Goldman Sachs Feels Some Cryptocurrencies Will Eventually Become Real Money

The financial sector has always had mixed opinions on Bitcoin. Goldman Sachs is a fine example of how quickly those opinions can change.After dismissing Bitcoin for several years, they are now keeping a close eye on it. Moreover, the bank is confident Bitcoin will succeed as a form of real money in the coming years. While that is a commendable statement, it is doubtful Bitcoin will still be the leading cryptocurrency by then.It is evident the interest in cryptocurrency hasn’t waned all that much…
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USD/CAD Fundamental Analysis – week of December 4, 2017

After threatening to break through higher in the middle of the week, the USDCAD pair settled lower for the week in what turned out to be a volatile period for the pair. The pair has been in a consolidation and ranging mode over the last few weeks and for a brief while last week, it did seem that the bulls had finally found a break through as the pair made its way through the 1.28 region on the back of dollar strength and CAD weakness.USDCAD Fails to BreakoutThe dollar strength came about due to …
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Cryptocurrency: 5 Ways To Profit From A Market Crash

Recently, a range of analysts have weighed in on whether cryptocurrencies are in a bubble.There is certainly cause for concern, as the total market capitalization (market cap) of these digital assets has surged from less than $18 billion to nearly $180 billion this year, according to CoinMarketCap. However, these currencies have been suffering some weakness lately, as many have dropped significantly from their peaks.…
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Cryptocurrency: 5 Ways To Profit From A Market Crash

Recently, a range of analysts have weighed in on whether cryptocurrencies are in a bubble.There is certainly cause for concern, as the total market capitalization (market cap) of these digital assets has surged from less than $18 billion to nearly $180 billion this year, according to CoinMarketCap. However, these currencies have been suffering some weakness lately, as many have dropped significantly from their peaks.…
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Stock future dip after north korea nuclear test

NEW YORK (Reuters) - U.S. equity index futures dipped at the open on Sunday, as stock traders showed caution following news that North Korea had escalated diplomatic tensions by conducting what it said was a test of a hydrogen bomb.
S&P 500 e-mini futures were down 0.36 percent, after electronic trading resumed on Sunday evening. The dip showed that traders were cautious but not overly spooked by news out of North Korea. Volumes were higher than normal, with 30,200 contracts changing hands.
"Tra…
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Civileng has taken 30th place in 911 Contest Jun 2017

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The week ahead: 5 things to watch on the economic

Investing.com - Global financial markets will focus on Federal Reserve Chair Janet Yellen's testimony to both houses of Congress in the coming week, as they continue to mull the possible end of monetary stimulus from central banks around the globe. Investors will also keep an eye out on a few U.S. economic reports, with Friday's inflation data in the spotlight, for further clues on the timing of the next Fed rate hike. In the U.K., market participants will be looking ahead to the monthly jobs re…
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EURUSD technical analysis

EUR/USD Technical AnalysisEuro/dollar began the week on the back foot, sliding towards the 1.13 level (mentioned last week). The pair then recovered.Technical lines from top to bottom:1.1620 was a swing high in May 2016. It is followed by the very round number of 1.15.1.1445 is the June 2017 peak and immediate resistance. 1.1390 is the post breakout low and works as support.1.13 is the top line seen in November before the collapse. 1.1230 capped the pair in June.1.1160 was a low point in May, wh…
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