Technical Analysis
Technical analysis is a way of predicting the future forex market movements based on previous market movement patterns and trends. From a Technical Analyst’s viewpoint all fundamental aspects are already a part of the previous market movements and therefore needs no special consideration. The main tool by which to analyse the forex market is forex charts.
BTC Bulls Run Out of Steam Just Below $10k, Now Trying to Hold on to $9k
A few days ago, BTC seemed on an unstoppable march into above-10k territory, a feat which – if accomplished – would almost certainly…
BTCUSD – Another Bullish Breakout in the Making?
The BTC/USD pair has been trading in an obvious bullish pennant chart-pattern lately, a pattern so obvious indeed, that anyone closely monitoring the…
BTC Bulls Assume Control (10k in the Books?)
The fortunes of the Bitcoin bulls have been well and truly reversed over the last couple of weeks. With the April 17 tax…
BTC Weathers Dip, Eyes Upward Breakout Again
Yesterday, Bitcoin, the most popular cryptocurrency, survived a bit of a scare which occurred at the end of a bullish run through which,…
Is BTC Gearing Up for a Major Breakout? (Some Aspects of Technical Analysis Say Yes)
Over the last week, BTC has been trapped in a narrow range around the $6,800 mark, going up and down by little, in…
BTC’s Latest Corrective Rally Fails Before it Gets Going
Over the last 48 hours, we were the witnesses of yet another attempt on the part of BTC bulls to move the price…
Bitcoin’s “Death Cross” – What Exactly Does it Mean?
For more than a week now, we’ve been hearing about the price of Bitcoin nearing a “Death Cross” chart feature, a sort of…
BTC Back Above $9k (But Will It Hold?)
Having found a floor on Sunday, at the $7,335 mark, Bitcoin began mounting yet another one of its mini rebound-rallies, managing to climb…
Bitcoin is in Big Trouble Now (or So They Say…)
Who are “They”? – you might ask…Why, Bitcoin technical analysts, of course…The same people who always seem to throw around weirdly named chart-…
Bitcoin Looking Heavy Again After Unconvincing Push Past $11k Runs Out of Steam
The BTC bulls tried and they fell short of the mark over the last day or so. Having carried the crypto past the…
USDCAD Shifts Bullish, Whilst USDJPY Maintains a Bearish Tone
The US Dollar bullish tone has been resurrected against most major currencies in late February, driven by a renewed perception of a more…
Bitcoin Eyeing $11k Again – Is the Bull Back in Town? (BCH Trading Volumes Prompt Rumors of Recovery)
Over the last day or so, the crypto industry in general has embarked on a tentative, yet seemingly unstoppable mini-rally, which now has…
Increased Demand from South Korea Drives BTC Higher (Is the Correction Well and Truly Over?)
Over the last day or so, Bitcoin’s price made a dash towards the $12,000 mark and on some South Korean exchanges, it indeed…
The Bitcoin Bull is Being Reined in…(Before it Really Got Going)
Over the last few days, the price of Bitcoin mounted several attempts to break above the $9k mark and it got promptly denied…
AUDUSD Bearish Shift; NZDUSD Bullish Trend Neutralised
Early February has been dominated by an violent sell off in global equity markets, primarily triggered by a shift to higher yield territory…
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