Analysis of Bitcoin for October 23, 2017

The Bitcoin has recently reached $6,000 resistance area and bounced off the area with the bullish rejection and a daily close below it. Ahead of the Bitcoin split in November the price has bounced off the $6,000 price level as expected. Though there are certain restrictions about Bitcoin trading going on in few countries which Read more about Analysis of Bitcoin for October 23, 2017[…]






Eurozone Consumer Confidence Climbs For Third Month

Eurozone consumer confidence strengthened for a third straight month in October to its highest level since 2001, preliminary data from the European Commission showed Monday. The flash consumer confidence index rose to -1 from -1.2 in September, marking the highest score since April 2001, when it was -0.9. Economists had expected a modest improvement in Read more about Eurozone Consumer Confidence Climbs For Third Month[…]






Home Prices Increase In Fewer Chinese Cities In September

Home prices increased in fewer Chinese cities in September, figures from the National Bureau of Statistics showed Monday. House prices increased in 44 out of 70 cities surveyed by the government in September. In August, house prices had climbed in 46 cities. At the same time, prices declined in 18 cities and held unchanged in Read more about Home Prices Increase In Fewer Chinese Cities In September[…]






Fundamental Analysis of EUR/USD for October 23, 2017

EUR/USD has been quite corrective in nature which has shown some impulsive bearish pressure inside the range between 1.1660 to 1.2040 area. USD has been quite positive with the economic reports recently which lead to further bearish pressure in the pair against EUR. The recent situation in Spain has been quite a bit of pressure Read more about Fundamental Analysis of EUR/USD for October 23, 2017[…]