The companies also collaborate on sustainability initiatives
Blogs
Cryptopia Users Win Court Battle for Their Locked Deposits
The court classified crypto as “property.”
CySEC Suspends the CIF Licence of FX Broker Belight Capital
The regulator claims the broker does not seem to have provided investment services for six months.
BTCUSD May Test $7,000 Again
<p>Bitcoin is struggling to move above its key 50-day moving average as the recent rally in the cryptocurrency markets starts to lose momentum. It is possible that the BTCUSD pair could fall back towards the $7,000 level if bulls fail to make a new higher daily high. A breach of the $7,485 resistance level could […]
USDJPY Bearish Below 109.00
<p>The US dollar remains under downside pressure on Wednesday against the Japanese yen as bullish struggle to move price above the 109.00 level. The USDJPY pair could fall back towards the 107.60 level if bulls continue to struggle move price above this key technical area. If USDJPY bulls close the daily candle below the 107.60 […]
Eurogroup To Meet On Thursday To Find Solidarity On Recovery Package
<p>Notes/Observations Eurogroup yet to find solidarity on funding an economic recovery package to address coronavirus impact; to try again Thursday Asia: S&P lowered Australia sovereign outlook to negative from stable; Affirms AAA rating Coronavirus: Global cumulative cases: 1,430,453 (+6.1% d/d); cumulative deaths 82.1K (+9.8% d/d) Euro
AUD/USD Outlook: Dips On Sentiment Shift Stay Above 10DMA And Keep Bullish Bias
<p>AUD/USD Shift in risk sentiment pushed the Australian dollar lower on Wednesday, but dips were so far limited and stay above rising 10DMA (0.6103), which underpins the action for the second day and marks solid support. Strong two-day rally from 0.5980 trough has ran out of steam on approach to key barriers at 0.6210/12 (falling […]
XAU/USD Supported By 55-Hour SMA
<p>On Tuesday, the XAU/USD failed to surpass the 1,670.00 level. During today’s morning, the rate was trading at the 1,650.00 level. Given that yellow metal is supported by the 55-hour SMA near 1,650.00, it is likely that some upside potential could prevail in the market. In this case the exchange rate could surpass the 1,670.00 [&helli
USD/JPY Breached Rising Wedge Pattern South
<p>Yesterday, the USD/JPY currency pair breached the rising wedge pattern south. During Wednesday morning, the pair was trading in the 108.90 area. Note that the exchange rate is pressured by the 55-hour SMA near 109.00. Thus, some downside potential could prevail in the market. In this case the rate could gain support from the Fibo […
GBP/USD Tests Short-Term Channel
<p>Yesterday, the GBP/USD exchange rate was testing the upper boundary of the short-term descending channel. During Wednesday morning, the rate continued to test the given line. From a theoretical perspective, it is likely that some downside potential could prevail in the market. In this case the currency pair could target the Fibo 38.20% at