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AUG
02
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Forex and Cryptocurrency Forecast for August 03 - 07, 2020

First, a review of last week's events: - EUR/USD. The U.S. economy is not just in recession. It's flying down at a breakneck speed. The decline in US GDP in the second quarter was the largest ever recorded - minus 32.9%. The reasons for this fall are well known - these are quarantine measures caused by the coronavirus pandemic. The authorities hope...
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  31 Hits
31 Hits
JUL
30
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Cryptonews of the Week

- Some experts believe that the chances of Ethereum to rise to $400 by the end of the year have increased to 1: 3. The impetus for an increase in the price tag could be the higher activity of traders on the Deribit and OKEx platforms, where the total daily trading volume for ETH exceeded $ 50 million. This cryptocurrency has become in demand in the...
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  16 Hits
16 Hits
JUL
26
Comments

Forex and Cryptocurrency Forecast for July 27 - 31, 2020

First, a review of last week's events: - EUR/USD. The USA does not bring good news to the markets.Escalating tensions between Beijing and Washington, rising jobless claims, and the ongoing COVID-19 offensive frighten investors, raising doubts about the imminent recovery of the American economy. The Nasdaq and S&P500 indexes turned red at the en...
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  71 Hits
71 Hits
JUL
23
Comments

Cryptonews of the Week

- Experts from Fidelity and BitOoda said China currently controls about 50% of the world's mining capacity. Previously, the share of China was even higher and reached about 65%, but now many companies have decided to temporarily suspend their work. There are still companies on the market that have the most energy efficient equipment, which allows t...
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  44 Hits
44 Hits
JUL
20
Comments

Forex and Cryptocurrency Forecast for July 20 - 24, 2020

First, a review of last week's events: - EUR/USD. Relations between Beijing and Washington continue to heat up, the onslaught on coronavirus goes with great difficulty. 1.3 million people applied for primary unemployment benefits last week in the United States. For more than 17.3 million it was not the first time that they received them, which is 1...
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  34 Hits
34 Hits
JUL
15
Comments

Cryptonews of the Week

- Max Kaiser, the founder of Heisenberg Capital, told the world about the day when the first cryptocurrency will destroy all other coins, as well as which of these coins is "outright garbage". Bitcoin will rise to $100,000, the billionaire said during his Keiser Report show on Russia Today channel. He noted that the first cryptocurrency will destro...
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  28 Hits
28 Hits
JUL
11
Comments

Forex and Cryptocurrency Forecast for July 13 - 17, 2020

First, a review of last week's events: - EUR/USD. The dollar is slowly weakening, the pair moved above Pivot Point 1.1240 last week, but is still within the five-week channel 1.1170-1.1350. As expected by 25% of experts, the bulls made an attempt to reach the level of 1.1400, but their attackchoked quickly, and, turning at the height of 1.1370, the...
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  80 Hits
80 Hits
JUL
09
Comments

Cryptonews of the Week

- One of the US venture capital pioneers, Tim Draper, has once again reaffirmed his commitment to bitcoin. According to the financier, now is the time to invest in the main cryptocurrency, as it looks relatively stable against other assets. Even the dollar cannot compete with bitcoin on a number of parameters. Investing in altcoins will also defini...
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  26 Hits
26 Hits
JUL
06
Comments

Forex and Cryptocurrency Forecast for July 06 - 10, 2020

First, a review of last week's events: - EUR/USD. The latest US employment data is not just optimistic, but over-optimistic: approximately 4.8 million people returned to work in June. The unemployment rate fell from 13.3% to 11.1% - the best increase in employment outside the agricultural sector since records began in 1939. So what? Nothing! The ma...
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  76 Hits
76 Hits
JUL
02
Comments

Cryptonews of the Week

- In Australia, it will be soon possible to buy bitcoins by mail. It is about launching the Post Billpay service, the terminals of which will be located at approximately 3,500 points, including post offices. It will be possible to buy cryptocurrency for cash or by paying with a credit card. The commission should be low. According to the creators of...
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  43 Hits
43 Hits

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