CFDTrading provides daily news, technical analysis, and research on the top 5 cryptocurrencies and 40 forex pairs, as well as featured pieces exploring longer term trends for traders.
Featured Stories
The Case For A Long-Term Buy of Gold at $1,380 USD
In this piece we’ll explore a case that has long been made by many repeatedly over the past decade, in spite of questionable success: dollar weakishness relative to gold. Are the gold bulls right about what’s to come? Let’s take a look at the strongest case for gold bullish argument, based on the technicals and…
Daily Technical Analysis
Daily technical analysis for each of the top 40 forex pairs and 5 cryptocurrencies.
Ripple (XRP) Down 1.26%
This move happened on lower volume, as yesterday’s volume was down 60.21% from the day before — and down 63.98% from the same day the week before.
Litecoin (LTC) Down 2.04%; Breaks Below 20 Average
This move happened on lower volume, as yesterday’s volume was down 47.62% from the day before — and down 58.5% from the same day the week before.
Ethereum (ETH) Down 1.29%; in an Uptrend Over Past 30 Days
The clearest trend exists on the 30 day timeframe, which shows price moving up over that time.
Bitcoin (BTC) Down 1.02%; Crosses 20 Day Moving Average
The clearest trend exists on the 30 day timeframe, which shows price moving up over that time.
Bitcoin Cash (BCH) Fares the Worst Out of Top Cryptos, Down 2.7%; Price Base in Formation Over Past 90 Days
This move happened on lower volume, as yesterday’s volume was down 70.12% from the day before — and down 87.68% from the same day the week before.
Ethereum (ETH) 2 Day Down Streak Ended, in an Uptrend Over Past 30 Days; Pin Bar Pattern Appearing on Chart
And for candlestick traders, a special treat: there is a pin bar pattern showing up on the charts as well.
Ripple (XRP) 2 Day Down Streak Ended; Crosses 20 Day Moving Average
If the escrow is cancelled, it delivers the xrp back to the source account….
Bitcoin Cash (BCH) Fares the Worst Out of Top Cryptos, 2 Day Up Streak Ended; But Still in an Uptrend Over Past 30 Days
The price move occurred on volume that was up 17.07% from the day prior, but down 46.53% from the same day the week before.
Litecoin (LTC) 3 Day Down Streak Broken, in an Uptrend Over Past 30 Days; Pin Bar Pattern Appearing on Chart
Volatility for litecoin has exploded over the past two weeks relative to the past 30 days, which technical traders will want to note.
Bitcoin (BTC) Outperforms All Top Cryptos, Up 0.45%; Pin Bar Pattern Appearing on Chart
Bitcoin return was not in line with risk, but very much in line with s2f model….