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22 Aug 2017

Bitcoin drops below 1-hour 200-MA, falling channel noted

Bitcoin [BTC] prices fell below $4000 in early Asia and extended losses to trade below the 1-hour 200-MA level of $3941. 

Currently, the BTC/USD is trading around $3865 levels after having clocked a low of $3810. As per coinmarketcap.com, the currency has shed 4.86% in the last 24 hours. Volume on bitFlyer has gone up by 15.65%. 

The retreat from the record highs has been largely in line with our expectations. The sell-off may continue today, given the falling channel pattern has been established on the 1-hour chart. 

Aug 22, 2017

Brexit: Chinese investment in London commercial property tripled since referendum - Reuters

As per Reuters report, “Chinese investment in London commercial property has more than trebled since Britain voted to leave the European Union, most o
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Aug 22, 2017

EUR/USD - Focus on trend line hurdle & Zew survey, risk reversal remain negative

The EUR/USD rose to 1.1828 on Monday following the last week’s repeated failure on the part of the bears to keep the pair below 1.1720 levels.  Daily
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