Online Forex broker
2019-11-11 • Updated
The Bitcoin is having an upward momentum from the lows of February 25, approaching the 200-hour moving average, according to what we can see in the H1 chart. This is due to the demand that the cryptocurrency has managed to concentrate around the psychological level of 9400 in the short term, so now the outbreaks would be placed on the way to the north.
The Parabolic SAR is supporting the price action after having helped the BTC pullback from the highs of February 21st. The Fibonacci level of 38.2% in 9407 is the line in the sand that the BTC/USD pair should fracture in order to decide the next path in the short and medium term, according to the current price action.
What do we expect?
According to our forecasts in the H1 chart, the BTC/USD pair aims to continue with the bullish movement and once we see a break of the level of 10252, which corresponds to the Fibonacci zone of 23.6%, the cryptocurrency could get in route to visit the Fibonacci target of -23.6% in 12985, once a break in the highs of February 21 occurs.
There is a period every stock trader loves the most due to significant movements, increased volatility, and, possibly, big gains. Open your trading apps and be ready to act! Earnings season comes four times a year and we crave to share our expectations with you.
It seems like the current period isn’t that great for Netflix…
US markets rallied late on Thursday, helping to restore risk sentiment in early trading today…
The stock market has reversed, and now it’s going lower and lower…
Walmart is one of the biggest retail corporations in the US, with $244 billion in total assets. Does it worth buying amid rising prices and supply concerns that shatter the world economy?
Japan's inflation is set to reach 2% in April's reading, for the first time since 2015. But what about the weaker Yen?!
FBS maintains a record of your data to run this website. By pressing the “Accept” button, you agree to our Privacy policy.
Your request is accepted.
A manager will call you shortly.
Next callback request for this phone number
will be available in
If you have an urgent issue please contact us via
Live chat
Internal error. Please try again later
Don’t waste your time – keep track of how NFP affects the US dollar and profit!
Beginner Forex book will guide you through the world of trading.
We've emailed a special link to your e-mail.
Click the link to confirm your address and get Beginner Forex book for free.
|
