Monthly Archives: February 2018

Bitcoin Rate Chart: Bullish Momentum Signals Higher Prices

Bitcoin continues its slow grind higher and is currently trading at the top of a noted resistance zone, made up of half-a-dozen lows and highs over the last month. The chart set-up continues to point to higher prices with nine ‘higher lows’ seen in the last ten trading sessions. This chart set-up…

Correlation highlights limited GBPCAD upside

Looking away from the majors today and to a solid setup in GBPCAD. This cross not only offers a sound technical outlook in its own right, but also lines up with the correlated view (GBPUSD bearish, USDCAD bullish, GBPCAD bearish). Monthly: The long-term bias remains bullish. With the 50% pullbac…

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