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Bitcoin prices continue to trade bullish at 11,700 levels, and the upward channel is likely to drive more buying in Bitcoin. The recent hammer pattern on the two-hourly timeframe is also supporting bullish bias; let’s consider taking buying trades today. Check out the BTC/USD price forecast in video analysis.
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Major Currency Pairs: Pivot Levels for Wednesday (May 10th 2017) USD/CHFR1 – 1.0085
R2 – 1.0095
R3 (Range Resistance - Sell) – 1.0106
R4 (Long Breakout) – 1.0137
R5 (Breakout Target 1) - 1.0174
R6 (Breakout Target 2) - 1.0190S1 – 1.0063
S2 – 1.0053
S3 (Range Support - Buy) – 1.0042
S4 […]
Commodities trading outlook: gold, silver rise ahead of Yellen speech, copper set for big weekly gain Gold and silver futures were higher during midday trade in Europe today, as tensions in Ukraine stoked some haven bids ahead of speeches from the top US and EU central bankers later today. Meanwhile, copper futures were higher and headed for a […]
Viacom shares rebound on Thursday, quarterly revenue falls short of expectations as advertising sales disappoint Viacom Incs (VIA) fiscal third-quarter revenue, reported on Thursday, missed a consensus of estimates due to weakness in advertising sales, while, additionally, the company collected lower fees from on-line distributors and cable TV […]
KKR announces the close of $2.1 billion Asset-Based Finance Fund Global investment firm KKR announced on Wednesday the final close of KKR Asset-Based Finance Partners, its first fund dedicated to asset-based finance investments.The $2.1 billion fund will commit capital internationally to privately […]
Forex Market: EUR/USD daily trading forecast Yesterdays trade saw EUR/USD within the range of 1.0889-1.1032. The daily high has also been the highest level since March 18th, when a high of 1.1033 was recorded. The pair closed at 1.0926, down 0.18% on a daily basis, or the first loss in […]
European stocks rise on positive data European stocks gained today after a six week low as the investors waited on decision of the European Central Bank for its interest rate and financial stimulus policy. The Stoxx 600 index rose by 0.29% at 12:50 PM London time. UKs FTSE 100, […]