Apr 27, 2021 Forex News
Ethereum managed to get back above the level of 2500. Now the ETH/USD pair is trading above the 100-hour moving average and is forming an upward channel with support around 2540 on the hourly chart.
However, Ethereum's price is still facing resistance around 2550. At the same time, the upper border of the emerging ascending channel provides additional resistance. A break above the top of the channel will help the ETH/USD pair rise to the area of 2650 (Ethereum's new high). In case of a breakdown of this level, the ETH/USD pair will try to test the level of 2700. The optimistic scenario for the ETH/USD pair, in this case, is an increase in the region of 3000.
If we see a breakdown of the upward channel, the ETH/USD pair will test support around $2500. A break of the 2500 level will open the door to a decline in the area of 2400 and the 100-hour simple moving average. Any further downside moves will bring the ETH/USD pair into the area of 2350, where the pair will receive ample support.
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;
Jul 1, 2022 Company News
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)
Feb 14, 2022 Company News