a-ads

Thursday, February 13, 2020

[FOREX TIP] EUR/USD Daily Price Forecast – 14th Feb 2020

CADJPY has been bullish on the daily chart. The chart produced two consecutive bullish daily candles. Today’s H4 chart suggests that the price has been on consolidation. There is a flipped level of support nearby, which may hold the price and produce a bullish reversal candle. If that happens, the buyers may trigger a long entry above consolidation resistance. Let us have a look at the H4 CADJPY chart.

This trade idea was generated by our powerful Elite Swing Trader System on an H4 time frame.

CAD/JPY Daily Price Forecast – 13th Feb 2020

CAD/JPY Daily Price Forecast – 13th Feb 2020

The price after heading towards the North found its resistance at the level of 83.070. As of writing, the current candle has been bearish. The pair is trading around the level of 82.790, which may work as a level of flipped support. If it produces an H4 bullish reversal candle, the buyers may trigger a long entry above the level of 83.070. Let us have a look at the summary of the trade…

  • Buy Stop: 83.127
  • Stop Loss: 82.713
  • Take Profit: 83.559

The price may head towards the level of 84.400 with good bullish momentum. Thus, the buyers in this trade setup may consider taking partial profit and let the rest of the trade run. The level of 84.400 is daily as well as weekly resistance. Thus, the price most likely goes towards that level and plays around it. Let us wait and find out whether the flipped level holds the price and produces a bullish reversal candle followed by a breakout. If that happens, the trade may give us a handful of pips with an excellent risk-reward.

We wish you good luck and good profit for this trade idea. For more trade ideas, join the Price Action Society

http://www.priceactionsociety.com

If you like our analysis and would like to receive 3 to 7 trade ideas per day, then
Click here to learn more about the Price Action Society.

The post EUR/USD Daily Price Forecast – 14th Feb 2020 appeared first on Advanced Forex Strategies.



from Advanced Forex Strategies

CryptoCurrency News: Nasdaq, Morgan Stanley Trading Vets Build Startup to Unite Crypto Market Price Ranges



A group of trading vets from NASDAQ, Visa and Morgan Stanley say they’ve built a liquidity solution for the world’s disparate cryptocurrency markets.

via CoinDesk

CryptoCurrency News: Trump’s Fed Nominee Judy Shelton Says US Should Be Proactive on Digital Dollar



Judy Shelton, President Trump’s nominee to the Federal Reserve Board, told lawmakers that digitizing the U.S. dollar could help maintain the currency’s ascendancy in global commerce.

via CoinDesk

CryptoCurrency News: MIT Wasn’t Only One Auditing Voatz – Homeland Security Did Too, With Fewer Concerns



A newly declassified DHS cyber audit complicates Thursday’s reports of major security vulnerabilities in the Voatz mobile voting app.

via CoinDesk

CryptoCurrency News: US DOJ Calls Bitcoin Mixing ‘a Crime’ in Arrest of Software Developer



The arrest of Larry Harmon for an alleged connection to AlphaBay raises major questions: Do bitcoiners have a right to build privacy tech?

via CoinDesk

CryptoCurrency News: IOTA Foundation Suspends Network, Probes Fund Theft in Trinity Wallet



The German nonprofit, which supports several decentralized platforms, said it received several reports of fund theft from its Trinity Wallet users and decided to shut off the Coordinator node in the network for further investigation.

via CoinDesk

CryptoCurrency News: Novogratz’s Crypto Investment Firm Galaxy Digital Shrinks Workforce 15%



Galaxy Digital, the crypto merchant bank founded by Michael Novogratz, has laid off 13 people, roughly 15 percent of its workforce, people familiar with the situation said.

via CoinDesk

CryptoCurrency News: Iran Concerns May Be Driving Trump Administration’s Talk of New Crypto Rules



Tensions with Iran may be behind U.S. Treasury Secretary Steven Mnuchin’s cryptocurrency compliance comments on Wednesday.

via CoinDesk

CryptoCurrency News: B2C2 Teams With SFOX Exchange to Bring Transparency to OTC Trades



B2C2, a London-based over-the-counter (OTC) market maker, is sharing its data and allowing transactions on the Los Angeles-based exchange aggregator SFOX.

via CoinDesk

CryptoCurrency News: The US Government’s Mixed Signals on Digital Currency Privacy



As the Treasury Department prepares for more stringent AML enforcement around cryptos, the Fed says a digital dollar should preserve privacy.

via CoinDesk

CryptoCurrency News: XRP Sees Flash Crash and Quick Rebound on BitMEX



XRP, the native asset of San Francisco-based Ripple’s XRP Ledger, saw a flash crash on Hong Kong-based derivatives exchange BitMEX on Thursday.

via CoinDesk

CryptoCurrency News: EFF Defends Ex-Kraken Employee’s Right to Post Anonymously About Company



The Electronic Frontier Foundation is defending a former Kraken employee embroiled in a lawsuit over an anonymous review of the crypto exchange on Glassdoor.

via CoinDesk

CryptoCurrency News: Binance Hires Ex-Uber Product Lead as VP of Global Expansion



Matt Shroder will help the exchange scale its operations and services, especially in emerging markets.

via CoinDesk

CryptoCurrency News: Crypto News Roundup for Feb. 13, 2020



With bitcoin bouncing off $10,500, Markets Daily is back with another time-saving crypto update.

via CoinDesk

CryptoCurrency News: Ether Futures Volume Highest Since June 2019



As ether’s price rose to seven-month highs on Wednesday, the aggregate daily volume in ether futures exceeded $4.5 billion for the first time since June 27, 2019.

via CoinDesk

CryptoCurrency News: Here’s How to Inspect Bitcoin’s Next (Likely) Major Upgrade Yourself



With bitcoin’s next likely major upgrade in the works, students of the cryptocurrency can inspect the code themselves, helped by core developers.

via CoinDesk

CryptoCurrency News: Torus Launches to Bring One-Click Login to Web 3.0



Torus, a key-management startup offering one-click logins for the decentralized web, launched out of beta Thursday with a handful of big-name hosting partners.

via CoinDesk

CryptoCurrency News: DTCC Calls on Banks and Regulators to Help Address Blockchain Security Issues



A comprehensive framework shared by all participants will negate any risks associated with blockchain, the derivatives repository giant says.

via CoinDesk

CryptoCurrency News: Bitcoin Lender BlockFi Raises $30M in Series B Led by Peter Thiel’s Valar Ventures



Having Hong Kong-based HashKey as an investor will help BlockFi expand into Singapore later this year, said CEO Zac Prince.

via CoinDesk

CryptoCurrency News: Wells Fargo Invests $5M in Startup Connecting Crypto Exchanges and Banks



Banking giant Wells Fargo is backing blockchain forensics firm Elliptic.

via CoinDesk

CryptoCurrency News: Santander Hires Former Apple Pay Exec to Lead P2P Payments



The new hire formerly helped lead the launches of both Apple Card and Apple Pay.

via CoinDesk

CryptoCurrency News: $400 Drop: Bitcoin Faces Correction After Rejection at Price Hurdle



Having rapidly dropped from $10,500 on Thursday, bitcoin could be staring at deeper losses.

via CoinDesk

CryptoCurrency News: Top Soccer Club FC Barcelona Launching Crypto Token for Fan Engagement



The record-breaking soccer club teamed with blockchain firm Chiliz to launch the crypto token seeking greater engagement with fans.

via CoinDesk

bitcoin faucet

Popular Posts