It's our 19th anniversary!

Forex market reviews

24 October 2017

Media reviews

Tina Pham

Bitcoin Price Falls to 5-Day Low Following Fork Currency Creation (news: 24/10/17)

The price of bitcoin fell to a five-day low today, though the reasons why are perhaps complex to unpack.
0

Market sessions

Tomasz Wisniewski

Daily analytical report (24/10/17)

Loading...
Data cannot be shown.
We've got three different classes of asset for you to trade today!
0

Cryptocurrencies

Veselin Petkov

The Bitcoin Gold hard fork has taken place

A new cryptocurrency was created today via a hard fork on the Bitcoin blockchain. Bitcoin Gold (BTG) was created after block 491,407.
0

Market sessions

Gabriel Ojimadu

EURUSD: correction to 1.1800 in the works

On Monday the 23rd of October, trading on the euro/dollar pair closed down. The rate dropped to 1.1725 during trading in Chicago. The euro fell on the back of a rising dollar and the Catalonian crisis.
0
23 October 2017

Media reviews

Tina Pham

Wall Street opens at record after Abe election win (news: 23/10/17)

(Reuters) - The three major Wall Street indexes opened at record highs on Monday as investors cheered the continuation of Abenomics following the Japanese ruling party’s emphatic win in the weekend polls.
0

Cryptocurrencies

Veselin Petkov

Bitcoin hit 6,199 USD on Saturday

On Saturday the 21st of October, bitcoin set a new all-time high, rising to 6,199 USD on the Hong Kong cryptocurrency exchange Bitfinex; the world’s biggest exchange, accounting for more than 30% of bitcoin trading volume according to data.bitcoinity.org.
0

Trading ideas

Gabriel Ojimadu

Short-term trading idea FX AUD/NZD – bull speculation: buyers preparing to exit the weekly range

Trading opportunities on the currency pair: The Kiwi dollar came under intense pressure following New Zealand’s parliamentary elections. The Aussie is expected to continue strengthening to reach 1.1425 (61.8% of the downwards wave from 1.1019 to 1.0371) by the beginning of December this year. After a month of consolidating at the beginning of 2018, 1.1425 level is likely to be broken, with subsequent growth to 1.1670 (100% of the downwards wave from 1.1019 to 1.0371). This forecast will be cancelled if the price breaks through the TR3 trend line. Background
0

Market sessions

Gabriel Ojimadu

EURUSD: correction expected via a new low

On Friday the 20th of October, trading on the euro/dollar pair closed down. The dollar launched on attack on all fronts following the news that the US Senate had approved the 2018 budget. The single currency came under added pressure from the uncertainty surrounding Catalonia as well as a slide on the euro/pound cross.
0

Trading ideas

Gabriel Ojimadu

Short-term trading idea FX EUR/GBP - bear speculation: euro to drop to 0.8624

Trading opportunities on the currency pair: A double top has formed at the 50% level, which has strengthened the bearish engulfing candlestick pattern. Taking the bearish factors into account, the euro is expected to drop to 0.8624. A drop on the EURGBP pair to 0.8856 would be a positive signal for this forecast.
0

Choose a period:

Our analysts

Alexander Razuvaev
Alexander Razuvaev

Director of Alpari's analytical department

## ojimadu name
## ojimadu name

## ojimadu position

Vadim Iossub
Vadim Iossub

Senior Alpari analyst

See all analysts
Back to top