LTC/USD Daily outlook
Litecoin is getting closer to a falling wedge pattern breakout most likely to recover some lost territory heading to $100.
The drops are slowing down as shown by the Poshtrader Hull Moving Average period 50, where Litecoin price has broken out above the trendline resistance.
However, the Litecoin bulls must reclaim the support at $45 to...
Following the BBC’s Andrew Marr Show earlier this Sunday, the UK Deputy Finance Minister Rishi Sunak stated that PM Johnson is reconsidering bringing back Brexit bill to parliament before Christmas.
Key Quotes:
“The overriding mandate that we have from this election is to get Brexit done ...We will leave the European Union in a matter of weeks, by the end of...
Energy stocks are higher, taking suggestions from more general equity futures as well as the three-month highs achieved by the crude oil market with WTI shortly hitting $60 before paring back on Friday.
Oil climbed to its highest in nearly three months as momentum in resolving the U.S-China trade conflict and Britain’s general election result arrived to lift two...
Bitcoin Forecast and Analysis December 16 — 20, 2019
Bitcoin Forecast and Analysis December 16 — 20, 2019 suggests an attempt at the support area near the level of 6520-6760. Then, the cryptocurrency will continue to grow to the area below the level of 9600. An additional signal in favor of the growth of the Bitcoin exchange rate will be the Hull Moving...
The gold price was about to finish the initial leg down (grey "ab" part) within a last bigger move to the downside. According to the chart plan of this difficult correction, I expected the farther reversal to the upside, which indeed took place as gold bounced back up from the $1445 low to the top at $1487 as price retraced the half of the "ab" part.
At first...
E-mini NASDAQ-100 Index (NQ) Futures Technical Analysis – Close Under 8461.25 Patterns Potentially Bearish Closing Price Reversal Top
The principal trend is up according to the daily swing chart. The uptrend was reaffirmed earlier in the session. A trade within the intraday high at 8552.75. will signal a continuation of the uptrend.
The principal trend will...
"Dovish Draghi drags EUR/USD lower" has been one of this analyst's favorite headlines – but there is a new boss in town. Christine Lagarde has taken over the European Central Bank's presidency from Mario Draghi and now makes her first decision.
*Christine Lagarde makes her debut decision as ECB president.
*Investors will eye the president's performance and new...
