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Friday, June 15, 2018

CryptoCurrency News: Kurt Russell Is Going to Be in a Cryptocurrency Movie



One of America's most beloved Hollywood actors will be starring in a movie about cryptocurrencies. 

via CoinDesk

CryptoCurrency News: Sweden's Land Registry Demos Live Transaction on a Blockchain



Swedish Land Registry and Blockchain project have concluded their third phase of testing with a full demonstration.

via CoinDesk

CryptoCurrency News: SEC Has Removed 'Stumbling Block' for Ether Futures, Says Cboe



The doors may be open for Cboe to launch an ether futures product, following a recent comment from the SEC that the cryptocurrency is not a security.

via CoinDesk

CryptoCurrency News: What Crypto Thinks About the SEC Saying Ether Isn't a Security



CoinDesk compiles the best comments from crypto Twitter's reaction to the news ether, ethereum's cryptocurrency, might not be a security.

via CoinDesk

CryptoCurrency News: Montana County Delays Decision on Bitcoin Mining Suspension



A county in the U.S. state of Montana has postponed a decision on whether it should temporarily ban new bitcoin mining projects.

via CoinDesk

CryptoCurrency News: Walmart Patent Eyes Crypto Payments for Power Supply Precision



Retail giant Walmart is exploring a way to let households manage their electricity bills with prepayments in cryptocurrency.

via CoinDesk

CryptoCurrency News: Bitcoin Price Recovery In Play If Key Support Holds



Bitcoin is still in recovery mode, but the bulls must keep prices above key support to maintain momentum.

via CoinDesk

CryptoCurrency News: Felines to Futbol: NFTs Are Crypto's Hottest New Buzzword



The crypto industry is buzzing about NFTs, non-fungible tokens, because it's clear CryptoKitties and its clones just might make the tech mainstream.

via CoinDesk

CryptoCurrency News: Chinese City Causes Confusion with Digital Asset Exchange Proposal



A city government in China is mulling the creation of a "blockchain digital asset exchange," but no one is quite sure what it means.

via CoinDesk

[FOREX TIP] EURAUD Price Action Analysis – 15th June 2018

EURAUD took a massive Bearish move yesterday on the H4 and H1 chart. However, the Daily chart shows that pair has been up trending. Thus, the pair might end up having a corrective day today. Nevertheless, by looking at the H1 chart, we see that we might get a buying opportunity later today. Let us have a look at the H1 EURAUD chart.

EURAUD Price Action Analysis – 15th June 2018

EURAUD Price Action Analysis – 15th June 2018

Have a look at those massive H1 Bearish candles. After having those massive moves, the pair has been on a correction. The level of 1.54720 is the level of Support and the level of 1.55135 is the level of Resistance here. If the price comes back to the level of 1.54720 area and produces an H1 Bullish Engulfing candle, which breaches the level of 1.55135, then buying the pair would get us some green pips. Let us have a look at the summary of the trade…

  • Buy Stop order: 1.55135
  • Stop Loss: 1.54720
  • Take Profit: 1.56500
  • Validity: 72 hours
  • Whenever possible, move the stop loss to the entry price and whenever you want, you can take profit anytime as long as you feel comfortable

Neither the EURO nor the AUD has any high impact news event today. Thus, if the breakout takes place, then the pair would run technically. We do not have to worry about entry taking time. It could come at any time. One thing we have to take in consideration is that it is the last day to wrap up the week. Thus, we should hold our intraday entries until the London session to be finished. This is an intraday entry, so just hold it until the London session if the TP is not hit by the trade itself.

EURAUD Price Action Analysis – 15th June 2018

 

The post EURAUD Price Action Analysis – 15th June 2018 appeared first on Advanced Forex Strategies.



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