Category: Analysis

Analysis of various instruments and fundamentals in the currency exchange market.

BITCOIN Analysis for June 22, 2018

Bitcoin has turned table around today after certain correction and volatility above $6,500 area recently. The price is currently staying at the edge of $6,000 support area after impulsive bearish pressure pushed the price lower with ease. Though the ma…

BITCOIN Analysis for June 22, 2018

Bitcoin has turned table around today after certain correction and volatility above $6,500 area recently. The price is currently staying at the edge of $6,000 support area after impulsive bearish pressure pushed the price lower with ease. Though the ma…

Fundamental Analysis of USD/CAD for June 22, 2018

USD/CAD has been quite impulsive with the bullish gains after breaking above 1.3120 area with a daily close recently. USD has been dominating CAD for a few days since the US Fed Rate Hike to 2.00% from the previous value of 1.75%.After a series of down…

Fundamental Analysis of NZD/USD for June 22, 2018

NZD/USD has been quite bearish till yesterday before it bounced off the 0.68 support area with a daily close. NZD has been dominated by USD in several ways, but after the recent rate hike from 1.75% to 2.00%, the USD gains were quite massive.This week,…