Bitcoin broke out of a major consolidation zone yesterday but the bulls have gone missing. The news that the SEC rejected the Bitwise ETF may have soured the mood. Now the price is still above the value area represented on the right-hand side of the chart. This is still a bullish signal and a retest may occur before a move higher.The relative strength index (RSI) indicator is still looking Stock Global forex broker positive also but it has not reached the oversold area so there still may be some room for a further upside move.The candlesticks on the four-hour chart have rejected the downside but there seems to be some conviction missing from the bulls.The next resistance target on the way up is at 9,321.73 and on the downside lookout for Stock Global forex broker 8,535.00 for support.Forex Crunch is a site all about the foreign exchange market, which consists of news, opinions, daily and weekly forex analysis, technical analysis, tutorials, basics of the forex market, forex software posts, insights about the forex industry and whatever is related to Forex.Foreign exchange (Forex) trading carries a high level of risk and may not be suitable for all investors. The risk grows as the leverage is higher. Investment objectives, risk appetite and the trader’s level of experience should be carefully weighed before entering the Forex market. There is always a possibility of losing some or all of your initial investment / deposit, so you should not invest money which you cannot afford to lose. The high risk that is involved with currency trading must be known to you. Please ask for advice from an independent financial advisor before entering this market. Any comments made on Forex Crunch or on other sites that have received permission to republish the content originating on Forex Crunch reflect the opinions of the individual authors and do not necessarily represent the opinions of any of Forex Crunch’s authorized authors. Forex Crunch has not verified the accuracy or basis-in-fact of any claim or statement made by any independent author: Omissions and errors may occur. Any news, analysis, opinion, price quote or any other information contained on Forex Crunch and permitted re-published content should be taken as general market commentary. This is by no means investment advice. Forex Crunch will not accept liability for any damage, loss, including without limitation to, any profit or loss, which may either arise directly or indirectly from use of such information. .

The price of Gold has been capped ahead of the key $1,520 target on a reverse in sentiment surrounding trade talks. Gold has dropped to a low of $1,491.77 and was down over 1% at one stage following optimistic trade talk headlines. Gold is currently trading at $1497.85, -0.91% at the time of writing. Gold futures also traded lower following news how trade talks have started off well, and in earnest, while Trump is also due to meet with  Chinese Vice Premier Lui He on Friday. “Big day of negotiations with China. They want to make a deal, but do I? I will meet with the Vice Premier tomorrow at The White House,” said Trump.Prior to that, Bloomberg News had reported that the White House could put in place a currency pact and suspend tariff increases that are set to take effect Oct. 15. This followed mixed headlines in early Asia yesterday, leaving markets guessing as to whether high levels trade talks would take place or not.Gold spiked on the possibility of the Chinese delegation cutting short negotiations, and rallied towards he said $1,520 target. However, prices were sent back and December gold on Comex lost some $14, or 0.9%, to Asset Gates broker scam $1,498.80 an ounce, after rising 0.6% on Wednesday.  December Silver was also on the back foot, losing 29 cents, or 1.7%, to reach $17.515 an ounce, following a gain of 0.6% the prior day.“The case for holding precious metals as a tail risk hedge for equities is still growing, with ETF purchases soaring some 20% year-on-year and showing no sign of slowing down as of yet,” analysts at TD Securities argued.  “At the same time, with a high proportion of real rates in negative territory, purchasing gold as an alternative to bonds is particularly attractive given the paradigm shift narrative.”Technically, Asset Gates broker scam bears can target a break to below a 50% mean reversion of the late June swing lows to recent highs around 1460/70. However, on the upside, bulls should the price remain in the vicinity of the 1500 level, then eyes can stay set on the 1520 level ahead of a 1535 resistance target. Forex Crunch is a site all about the foreign exchange market, which consists of news, opinions, daily and weekly forex analysis, technical analysis, tutorials, basics of the forex market, forex software posts, insights about the forex industry and whatever is related to Forex.Foreign exchange (Forex) trading carries a high level of risk and may not be suitable for all investors. The risk grows as the leverage is higher. Investment objectives, risk appetite and the trader’s level of experience should be carefully weighed before entering the Forex market. There is always a possibility of losing some or all of your initial investment / deposit, so you should not invest money which you cannot afford to lose. The high risk that is involved with currency trading must be known to you. Please ask for advice from an independent financial advisor before entering this market. Any comments made on Forex Crunch or on other sites that have received permission to republish the content originating on Forex Crunch reflect the opinions of the individual authors and do not necessarily represent the opinions of any of Forex Crunch’s authorized authors. Forex Crunch has not verified the accuracy or basis-in-fact of any claim or statement made by any independent author: Omissions and errors may occur. Any news, analysis, opinion, price quote or any other information contained on Forex Crunch and permitted re-published content should be taken as general market commentary. This is by no means investment advice. Forex Crunch will not accept liability for any damage, loss, includi

West Texas Intermediate crude on a spot basis has climbed to a high of $53.52 from a low of $51.39 in a 4% move on the daily candle. The conflicting headlines over US/Sino trade talks have provided two-way business across the global financial and commodity markets. Specifically, the headlines have parsed fundamentals such as OPEC’s monthly assessment of global supply and demand. Stock Global broker reviews The build-up to the talks was drowned in scepticism which had lead to a sell-off in riskier plays such as stocks and oil at the start of the week.However, just as traders were banking on further sell-offs following an article in Chinese press that stated the Chinese delegation would cut the negotiations short considering the damage done via the US State Department in the blacklisting of Chinese companies, there was a quick turn around in sentiment when a Bloomberg News reported that the White House could put in place a currency pact and suspend tariff increases that are set to take effect Oct. 15. “Asset Gates broker reviews Big day of negotiations with China. They want to make a deal, but do I? I will meet with the Vice Premier tomorrow at The White House,” said Trump and risk rallied. Subsequently, WTI for November delivery climbed 68 cents, or 1.3%, to $53.27 a barrel on the New York Mercantile Exchange. “Barkindo’s messaging suggests that OPEC is wary of the ‘catastrophic’ consequences of a no-deal scenario in the US-China trade talks,” analysts at TD Securities explained, adding: While the price has corrected, it is still some way off, 2% in fact, from the 21-Day moving average target. Bulls will need to get over the gain line in order to find a footing on the 55 handle with prospects of a run through the 50 and 200-DMAs. A 50% Fibonacci retracement of the 16th Sep to 3rd Oct lows will then come into play in the 57 handle. On the other hand,  a break below the 50 handle opens the Nov 2018 lows at 49.39 which are guarding the 46.90 level ahead of the18th Dec lows down at 45.77 ahead of the Dec double bottom lows below 42.50.Forex Crunch is a site all about the foreign exchange market, which consists of news, opinions, daily and weekly forex analysis, technical analysis, tutorials, basics of the forex market, forex software posts, insights about the forex industry and whatever is related to Forex.Foreign exchange (Forex) trading carries a high level of risk and may not be suitable for all investors. The risk grows as the leverage is higher. Investment objectives, risk appetite and the trader’s level of experience should be carefully weighed before entering the Forex market. There is always a possibility of losing some or all of your initial investment / deposit, so you should not invest money which you cannot afford to lose. The high risk that is involved with currency trading must be known to you. Please ask for advice from an independent financial advisor before entering this market. Any comments made on Forex Crunch or on other sites that have received permission to republish the content originating on Forex Crunch reflect the opinions of the individual authors and do not necessarily represent the opinions of any of Forex Crunch’s authorized authors. Forex Crunch has not verified the accuracy or basis-in-fact of any claim or statement made by any independent author: Omissions and errors may occur. Any news, analysis, opinion, price quote or any other information contained on Forex Crunch and permitted re-published content should be taken as general market commentary. This is by no means investment advice. Forex Crunch will not accept liability for any damage

before that level some resistance is expected at 135.00. On the flip side, the 20-day moving average at 133.05/10 is now a relevant support followed by 132.20.Forex Crunch is a site all about the foreign exchange market, which consists of news, opinions, daily and weekly forex analysis, technical analysis, tutorials, basics of the forex market, forex software posts, insights about the forex industry and whatever is related to Forex.Foreign exchange (Forex) trading carries a high level of risk and may not be suitable for all investors. The risk grows as the leverage is higher. Investment objectives, risk appetite and the trader’s level of experience should be carefully weighed before entering the Forex market. There is always a possibility of losing some or all of your initial investment / deposit, so you should not invest money which you cannot afford to lose. The high risk that is involved with currency trading must be known to you. Please ask for advice from an independent financial advisor before entering this market. Any comments made on Forex Crunch or on other sites that have received permission to republish the content originating on Forex Asset Gates forex broker Crunch reflect the opinions of the individual authors and do not necessarily represent the opinions of any of Forex Crunch’s authorized authors. Forex Crunch has not verified the accuracy or basis-in-fact of any claim or statement made by any independent author: Omissions and errors may occur. Any news, analysis, opinion, price quote or any other information contained on Forex Crunch and permitted re-published content should be taken as general market commentary. This is by no means investment advice. Forex Crunch will not accept liability for any damage, loss, including without limitation to, any profit or loss, which may either arise directly or indirectly from use of such information. .

The GBP/JPY pair looks unstoppable as it continues to rise. So far today it gained more than 300 pips, reaching the highest level in two weeks at 134.54. The pair was already trading higher on the back of a decline of the Japanese Yen across the board amid an improvement in in risk sentiment as trade talk between US and China started in the US. During the American session Brexit headlines triggered a rally of the Pound. A deal now does not look impossible. Irish Prime Minister Trendin Graphs broker scam Leo Varadkar met today with UK Prime Minister Boris Johnson. Varadkar believed that it was now possible to come to an agreement before the end of the month. He added that what they achieved today “would be sufficient to allow negotiations to resume in Brussels.”The possibility of deal boosted the Pound dramatically. GBP/JPY is having the best day in more than a year. So far, despite overbought reading in short-term charts, no signals about a correction or exhaustion are seen. If the rally continues, attention would turn to September highs around 135.70.

On the EURUSD, one pip is 0.0001, or 110000 of one U.S. dollar. Increase this by 1000 and you get $0.10. This is the pip estimation of a small scale parcel (1k part) of the EURUSD. Here at FXLeaders, we go the additional mile to offer brokers the most ideal forex signals. In 2016 alone, we sacked a remarkable 4,907 pips! A generous measure of these additions originated from our EURUSD signals. How about we figure how a lot of cash you’d make on the off chance that you exchanged an EURUSD signal with 12 smaller scale parts and hit a benefit focus of 276 pips. 12 miniaturized scale parcels, is 12,000 of the EURUSD money pair. In the event that we increase this by $0.0276, which is 276 pips, we get $331.20. (12,000X$0.0276=$331.20). In the event that that sounds somewhat confused, you can simply increase the pip estimation of a 1K part, which is $0.10, by the quantity of small scale parcels exchanged, and duplicate this number by the quantity of pips you made: $0.10 pip esteem X 12 smaller scale parcels X 276 pips = $331.20. Of the significant monetary standards, the Swiss franc bears the most elevated relationship to the euro. Subsequently, the EURUSD and the USDCHF money sets are conversely related to an incredible degree. The one-year connection between’s the EURUSD and the USDCHF is – 0.95, which implies they are superbly contrarily corresponded, in a manner of speaking. As a rule, the other European monetary standards are additionally exceptionally related to the euro, for example, the Hungarian forint (HUF). The GBPUSD is additionally associated to the EURUSD and these two sets have a one-year connection of 0.77, which is viewed as a generally high relationship. At the point when we look at money connections, comprehend that present moment and long haul relationships between’s a similar two sets can be astoundingly unique. For instance, the EURGBP and EURUSD one-hour relationship is as of now 0.96, which implies that these two sets essentially moved pair in the course of the most recent hour. In any case, their one-year connection is – 0.44, which implies they were modestly contrarily related in the course of the most recent year. Another thing to remember is that connections are not unchangeable, and can change whenever, regardless of whether it’s only a transient deviation. Worldwide value lists are commonly contrarily related to the EURUSD