Elliott waves crypto analysis – Bitcoin could still loose value

BTC – Wave Analysis During the previous trading day, Bitcoin lost value considerably but is still above this week’s opening price. Despite this drop, we still expect a possible momentum towards the upper trendline. We’re basically waiting for a rebound from the upper trendline to look for a short position with an ultimate target at

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Elliott waves analysis – We’re looking for a rebuy from 1.1584

EURUSD – Up Wave Analysis After a momentum to the upperside earlier this week, euro is currently pulling back to the lowerside but is still above 1.15967-1.14430. The zone just stated above is a key weekly supportive zone and as long as the price remains above this zone, we expect nothing but a possible momentum

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Technical crypto analysis based on breakout – Buy XRP around 0.30290

XRP – Technical Observation Ripple is currently trading with a neutral bias. While the price is within this wedge formation and above 0.30793, I’m waiting for a breakout above the upper trendline to look for a long position towards 0.4575. On its way upwards, the key lines to look for include 0.39690, 0.42105 and 0.4455.

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Technical crypto analysis based on breakout – buy BTC above 7111.55

BTC – Technical Observation BTC is still within the rising contracting wedge formation and is now showing signs of breaking above the upper trendline. I’m waiting for a clear breakout above 7111.55 to pick a long position with my take profit at 8171.10. If you’re not in an upward position already, you could wait for

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Company News – FreshForex changes spreads for pairs with euro!

Dear traders, Euro is a perfect asset for technical analysis strategies. As euro is base currency, we often see strong trends, and every trader can receive high profit. Meanwhile, we make trading conditions better for the majority of pairs with euro! As a matter of large change in trading conditions, we make spreads more competitive

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Company News – FreshForex: Changes in trading hours for September 3

Dear clients, Please be informed that on September 3rd in USA Labor Day is celebrated. For this reason, trading hours will be changed: Assets Trading hours September 3 (Monday)  CFD for energy  Early close at 7.45pm EET  CFD for precious metals  Early close at 8pm EET  CFD for indexes #SP500, #NQ100, #DJI30, #NIKKEI  Early close

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Elliott waves crypto analysis – Watch for a possible rejection from 0.4275

XRP – Wave Analysis Nothing much happening on this crypto. We’re still few points below the daily line 0.4275. Nonetheless, we still expect a momentum towards this level or even a possible break above to pick a long term long position with an ideal take profit at 1.1400. If this target is take out, then

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