Oct 12, 2020 Forex News
Ethereum hit a weekly high of $380 last week, but failed to break that level and began a correction. As a result, the pair ETH/USD began a correction and dropped to the $372 area. However, the ETH/USD pair started the new week with growth and at the time of publication, the pair broke through the resistance level of $380 and rose to the $387 area.
If you look at the chart of the ETH/USD pair, you can see that the pair began a bullish rally after it crossed the $355 level, it rose above the 100 MA. Having also overcome the $355 level, the price left the triangle. After that, the price broke through the intermediate resistance levels of $365 and $370 without any problems.
After breaking through the $380 level, the pair opened the way to the next $395- $400 resistance area.
If Ethereum fails to close the daily candle above $380, a correction is likely. In this case, the level of support will be $365. The $355 level is key. Moreover, 100MA is located here.
The RSI indicator shows that the price is close to the overbought zone, but has not yet entered it.
Despite the short-term effect of rumors that Amazon was going to accept Bitcoin this year and the subsequent pullback, the BTC/USD pair was able to find support in the area of $36500 and start a new rally. As a result, today the BTC/USD pair was able to rise
Mar 2, 2023 Forex Forecast
Dear clients, Please note that due to Independence Day celebrated in the USA on 4 July 2022 you may experience the following changes: Monday, July 4rdMetal CFDs: trading closes at 21:30. Indices CFDs: Europe 50 (#ESX50): trading closes at 23:00; France 40 (#FCHI): trading closes at 23:00;
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On March 13th, 2022 TenkoFX will switch its trading servers 1 hour ahead, from GMT +2 to GMT +3. The change will affect all types of TenkoFX trading accounts. In ECN, STP accounts summer time will take effect starting with the market opening on Monday, March 14th, 2022. In Crypto
Mar 10, 2022 Company News
Dear Clients, Please note that due to President’s Day in the US on February 21, 2021, trading hours for some financial instruments will be changed as follows: Spot commodities CFD:Gold (XAUUSD) - trading ends at 21:30;Silver (XAGUSD) - trading ends at 21:30;US Crude (XTIUSD)
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