Forex market reviews

Cryptocurrencies

16:59 (GMT+3)

Bitcoin: this year will end differently than in 2017

Time to deal with bitcoin again. I last mentioned this instrument on the 19th of November, when the price was slightly above 5,200 USD. We had a fresh sell signal after the breakout of the 6,000 USD support. Our analysis was spot on, the price fell like a rock! It has now been almost a month. Has anything changed here?

Market sessions

Matthew Anthony

10:19 (GMT+3)

EURUSD: pair poised to drop from the upper line of the channel

The majors showed mixed dynamics against the greenback last week. The Aussie shed 1.50%, while the Kiwi, loonie, and pound lost 0.31%, 0.27%, and 0.15% respectively. Posting an increase against the US dollar were the Swiss franc (+0.93%), the yen (+0.68%), and the euro (+0.66%).

Market sessions

Tomasz Wisniewski

13:32 (GMT+3)

Daily analytical report (07/12/18)

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Bitcoin is going lower again, USDJPY attempted a bit of bearish movement yesterday, and we have a sell signal on USDCHF.

Market sessions

Matthew Anthony

10:31 (GMT+3)

EURUSD: market awaiting US labor report

On Thursday trading on the euro closed up. The EURUSD rally was caused by the overall weakening of the US dollar against the background of weaker-than-expected US labor market data and a drop in the yield on 10-year US government bonds.