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By Deya Hroob Trading Forex can be risky and complex especially for beginners who don't have any experience in trading. Forex , also known as foreign exchange or FX trading , is the conversion of one currency into another. It is one of the most actively traded markets in the world. As a beginner, you can easily end up losing all of your cash if you don't know how to trade wisely. Trading Forex with Free Bonus To begin Forex trading with almost no risks at all, follow these few steps. Step 1: Open a trading account with brokers who offer free bonuses without deposits. There are different kinds of brokers when we talk about bonuses. Brokers give you welcome bonuses. ( you don't have to deposit to get your bonus).   Brokers give you bonus on deposit.( For example 30% on deposit) Finally, brokers don't give you bonus at all. As a beginner, you should choose brokers number 1 in order to get familiar with Forex trading and learn trading skills witho...

By George Georgiev It appears that one of Bitcoin’s most popular proponents, Michael Novogratz, has lowered his predictions regarding BTC’s price by 2020. This time, he believes that it would close above $12,000 but doesn’t really give any further thoughts on the matter. Bitcoin Price Above $12,000 By 2020 Michael Novogratz is one of the most vocal proponents of Bitcoin. He is a former Wall Street hedge fund manager and a prominent investor, who also owns Galaxy Digital – a full-service digital asset merchant bank. In a recap Tweet with predictions for the following year, Novogratz shared that Bitcoin will finish it trading above $12,000. 2020 prediction #1. @realDonaldTrump loses by more than 10mm votes. #2 $btc finishes over 12k. #3. @USAWrestling wins 3 golds in Tokyo (MF). #4 @tomhanks wins the Oscar for Mr Rodgers. #5 @reform and it’s partners help shrink the ‘supervised’ population from 4.5mm to 4mm or < — Michael Novogratz (@novogratz) Dece...

By Ali Ripple Team Looks to the Future Ripple has recently released a special holiday episode of ‘The Ripple Drop’, which looks back on the things that impacted the crypto and blockchain industry over the course of the last ten years. However, with 2020 being only a few days away, the episode also saw Ripple officials give their predictions for the future. But, they also talked about 2019 itself, sharing their thoughts and impressions of the past 12 months. One of the biggest ‘surprises’ that 2019 has brought was the announcement of Facebook’s upcoming cryptocurrency, Libra. According to Global Institutional Markets’ Vice President, Breanne Madigan, Libra caught the world off-guard, and it captured everyone’s attention. It also increased the pressure on the governments of the world to add some greater effort to regulating crypto and blockchain. However, Ripple CEO, Brad Garlinghouse, recently stated that he doesn’t expect Libra to launch before 2023, which ...

By Herbert Lash NEW YORK (Reuters) - Gold prices rose and a gauge of global equity markets hit a record high on Thursday in light holiday trade as a year-end rally in stocks remained on course, with optimism over U.S.-China trade helping drive Wall Street to records. Oil rose to three-month highs, buoyed by a report showing lower U.S. crude inventories, hopes the pending Sino-U.S. trade deal will soon be signed and efforts by the Organization of the Petroleum Exporting Countries to curb crude supply. Boxing Day holidays closed markets in Commonwealth countries around the world while a second Christmas Day shuttered markets in a swath of European countries. Continue Reading on Yahoo Finance

By Yashu Gola Most of the commodities, stocks, and bonds staged an outstanding run in 2019. But the traditional asset classes still fell short before a stronger and a more offbeat contender: Bitcoin . The benchmark cryptocurrency , which more or less functions as a “decentralized” payment startup, underwent a dreamy bull run during 2019’s first and the second fiscal quarter. At its highest, it was trading up to 280 percent higher on a year-to-date scale, with its market cap equivalenting four AirBNBs and five Ubers. The Fundamentals That Were Media reports mentioned a string of factors behind the bitcoin’s exponential price gains. The escalation in the U.S.-China trade war, for instance, led Beijing to devalue its offshore currency – renminbi (RMB) – below $7 per piece. It led the South China Morning Post in May to credit the gloomy macroeconomic situation as one of the main reasons behind bitcoin’s gains . Read The Whole Story on NEWS BTC  ...

By Nivesh Rustgi  The total Hash Rate of Litecoin [ LTC ] Mining reached its’ yearly lows, despite reaching ATH in July this year (a 75% drop from its ATH). The profitability of LTC mining has turned negative at electricity cost above $0.075 Kwh. Litecoin [LTC] miners seem to be getting cold feet due to falling prices as the hash rate falls below the bearish levels of 2018. However, a lot has changed with the protocol since then. The most important of them has been a reduction in the mining rewards by half . Litecoin [LTC] has been trading around the $40 range for quite sometime now. During 2018 bears, the max. volume profile region was around $33. Hence, an overall 40% reduction in the mining rewards.  The totol hashrate has dropped about 75% for its All-Time High in July. The drop in the price from yearly is correlated with the hash rate. Moreover, there is also an equivalent drop in difficulty hence the competition in the spac...

By Cole Petersen It’s no secret that XRP – the digital currency with close ties to FinTech company Ripple – hasn’t had the best year from a technical perspective, ending the year on a low note after recently setting fresh post-2017 bull run lows. Although this bearishness may or may not be justified while considering its fundamental utility and value, one prominent economist is claiming that the crypto is thriving off of SWIFT’s failure, and that it is deriving value off of the global decentralization trend. Prominent Economist Believes XRP has Value, But Investors Seem to Disagree; Here’s Why In a recent interview with Russia Today, Jeffery Tucker, a prominent writer and member of the American Institute of Economic Research, explained that he believes that XRP is an “extremely important technology” that is “thriving off the failures of this antique SWIFT system.”        Read The Whole Story on NEWS BTC

By Valdrin Tahiri The Ethereum Classic price has fallen to an all-time low but has shown several strong reversal signs. We believe that a new market cycle will begin in the near future. The Ethereum Classic ( ETC ) price has been correcting since the beginning of August when it initiated an upward move. However, technical indicators show that this period might soon come to an end and ETC will begin a new market cycle. We suggested that this will occur back in September. Cryptocurrency analyst and trader NICO stated that the Ethereum Classic price is trying to flip the 55,000 satoshi area as support while crossing above a significant moving average. If it does so, it should reach the next resistance areas at 64,000 and 73,000 satoshis, respectively. Read The Whole Analysis on beincrypto

By Ali In a recent interview, Henry Arslanian gave his opinion on the future of crypto markets and why he believes that more institutional investors are about to arrive. As 2019 is approaching its end, many are looking back to what the crypto industry has accomplished this year. However, a topic that is just as interesting, if not more, is what the digital asset market will look like in 2020. In a recent interview with Bloomberg, PwC’s Asian fintech and crypto leader and chairman of the Fintech Association of Hong Kong, Henry Arslanian, attempted to answer these questions.   Arslanian started with the topic of Libra, stating that Facebook’s proposed cryptocurrency is what led central banks to become more interested in crypto. According to him, banks were very slow in their reaction towards virtual currencies. However, these days, over 70% of central banks around the world are looking into crypto. Read The Whole Story on Bitcoinist 

By Aayush Jindal Ethereum is down more than 5% and it broke the $130 support area against the US Dollar. The price is currently testing the $125 and $126 support levels, with a positive bias. Earlier, there was a break below a contracting triangle with support near $132 on the hourly chart of ETH/USD (data feed via Kraken). Bitcoin is down around 4% and it is now trading below the $7,400 level.   Ethereum price is back to a key support zone versus the US Dollar and bitcoin. ETH price must stay above the $125 support to bounce back in the near term. Ethereum Price Analysis Yesterday, we saw a decent increase in Ethereum price above the $130 resistance against the US Dollar. Moreover, ETH price rallied above the 100 hourly simple moving average and $132.   However, the $135 level once again acted as a strong resistance. A swing high was formed near $135 and the price started a downside correction. The bears succeeded in surpassing the ...

By Chayanika Deka In another boost for the XRP ecosystem, Bitrue , a Singapore-based cryptocurrency exchange announced that it will soon list 27 new XRP pairs on its platform. With XRP as the base pair, the first 14 coins to be paired with it will be opened for deposits and withdrawals starting on 23rd December. The official blog post also revealed that the trading for the pairs will go live on 25th December. For the remaining 13 XRP-paired coins, deposits and withdrawals will begin on January 9th, 2020 following which trading going live on January 13th.     Bitrue’s official tweet  [New XRP Pairs] Just went live @BitrueOfficial ! More to come, happy trading. 🥰 💫 $ZIL / $XRP 💫 $IOST / $XRP 💫 $GNT / $XRP 💫 $ICX / $XRP https://t.co/jo35csRoeP https://t.co/N6Mmj42ttA https://t.co/eMCipgBD7O https://t.co/IYfl85SvX2 pic.twitter.com/tKJmhz1I5Q — Bitrue (@BitrueOfficial) March 27, 2019 Read The Whole Story in AMB CRYPTO

By Christopher Lewis   The US dollar continues to be very sluggish against the Japanese yen, as the market continues to look at the ¥110 level as crucial. If we can break above there, then it would be a major turn of events. In the short term though, it’s very unlikely to get any real estate behind it.   The US dollar initially tried to rally during the trading session on Monday but gave back the gains in order to have a relatively flat session.  Read The Whole Story in FXEMPIRE

By Daniel Dubrovsky   The Australian Dollar managed to recover about 1.6 to 1.8 percent against the US Dollar in the last three months of 2019. While this might have been the best quarter since Q3 2017, it certainly was not the most exciting. Using average true range over a 3-month period, we have not seen such extreme measures of subdued volatility since the end of 2002. Due to fundamental uncertainties, we may continue seeing a lot of range-bound price action ahead and the technicals seem to be pointing in that direction as well. Read The Whole Story in Dailyfx

By Omkar Godbole Gold price has put on a good show in 2019 on dovish Fed, trade war and recession fears. Fed's willingness to allow inflation to run hot and balance sheet expansion could keep gold better bid in 2020. XAU/USD price technical charts are reporting a bullish continuation pattern. Gold looks set to end the year with double-digit gains and is likely to maintain its upward trajectory in 2020. At press time, the yellow metal is trading at $1477 per Oz, representing 15.25% gains on a year-to-date basis . Anything above 13.2% would be the biggest yearly gain since 2010 when prices had rallied by 29.6%.    Trade war, recession fears and dovish Fed pushed gold price higher in 2019 The year gone by will be remembered for the US-China trade war escalation , persistent recession fears and more importantly, for the US Federal Reserve’s remarkable dovish U-turn .  Read The Whole Story

By Tomas Salles 2020 will be a challenging year for Bitcoin price, with its climax in mid-May. The technical situation on the BTC/USD pair is nearing a “do or die” point. The third Bitcoin forecast scenario of neutral lethargy would come to a slow agony.   2020 will be a challenging year for Bitcoin. Strong conundrums have to be resolved both in the fundamental and technical side, with the halving event coming around May and the long-term trend-lines and Fibonacci retracement levels coming from the 2017 big surge in play . How these arguments play out will determine whether the main cryptocurrency can confirm its status as the ultimate modern store of value, the digital version of gold.  Gold has been used for thousands of years to store and transport wealth. Today, the industrial applications of gold are very important, but in the year 3000 BC, its purpose were merely to function as a reserve of value, or just ornamental. Read The Whole ...

By Jon Buck In spite of news that the economy appears stable, the Federal Reserve Bank of New York (Fed) had continued injecting liquidity into the market. The most recent action involved an almost $58 billion repurchase (repo) agreement. The agreement took on two parts—one for $26 billion with an overnight term. The second for approximately $32 billion carried a term of 14 days. Fed Pumping in Cash The Fed’s policy of repo agreements was moving in earnest before the 2008 financial crisis. These short term collateralized loans are designed to push cash into banking institutions. With the securities as collateral, the loan is low-risk for the Fed but helps the bank with liquidity issues. Continue Reading 

By Nick Chong   Is the bottom in? Since Bitcoin ( BTC ) fell precipitously to $6,600 late last month, analysts have been asking if the leading cryptocurrency has finally found a price bottom after a multi-month downturn. Analysts have understandably divided over the question, as the correct answer would show in which direction Bitcoin will head for the next couple of months. Some are bullish, others are bearish. A simple moving average observation has made a cryptocurrency trader conclude that the “bottom is probably not that far away.” Here’s why. Read The Whole Story

By Michaël van de Poppe Altcoins dropped severely during the recent retracement of Bitcoin ( BTC ) price to $6,400, which increased Bitcoin’s dominance above 70%. One of these coins is XRP, which took a hit of 20% and is currently valued at $0.19 per coin — or the lowest value in over two years — after hitting as low as $0.178.   Nevertheless, the blockchain payments firm behind XRP, Ripple, just announced that it raised another $200 million in funding. Aside from that, they claimed to have ”the strongest year of growth to date in 2019.” Keep Reading The Whole Story

  By Deya Hroob     My trading strategy is based on technical analysis and I show you how I trade using three scaling in strategies!   What's Scaling in Strategy?   Scale in is a trading strategy that involves opening multiple units at different price levels to maximize your profits . When a trader opens a position, he waits until some circumstances to happen to add other positions to his current one. It's considered as an advanced strategy because it rises your risks if the market goes against you. In this article, we will discuss three conditions traders should add to their current open positions.  Moving Averages In this approach, we use three different moving averages: 5-day EMA (black line), 20-day EMA (purple line) and 50-day EMA (orange line). Let's take an example. Below is the USD/CAD daily chart. Firstly, we opened a long position when 5-day EMA crossed above both 20-day EMA and 50-day EMA. ( We can also open l...

LTC/USD LTC dipped back from the $81 level on Sept. 19. it's 23.6 Fibonacci level. It broke down the 50-day EMA. Also, it's now trading inside a small ascending channel. If the pair breaks down the channel, a fall to $62 strong support is likely. This is an important level. If the price slips below it, the downtrend will resume. On the other hand, bulls need to push Litecoin above $81 level to change the trend.The first target is $100 and above it $114. Therefore, traders can buy on a close above $81 level. LTC/BTC LTC/BTC dipped back from 0.008 level. It's trading below the 50-day EMA. Now the pair finds support from both 20-day EMA and the trend line. A break above 0.008 level can carry the price to 0.01. Traders should wait a close above 0.008 to initiate fresh position.

Daily Chart Ethereum breaks out both 20 and 50-day EMA. Also, a golden cross between moving averages is about to happen. RSI shows that the power is in bulls' hands. All of these show that the trend is changing from down to up. ETH/USD has rebounded from the trend line shown in the chart and it found support from 0.236 Fibonacci level at $212. The bulls will try soon to propel the pair above the trend line and carry it to the next target at $240 thereafter to $265. On the way down, the moving averages will give us a great opportunity to buy Ethereum at good levels with stop loss below them. 4H Chart  In the 4H chart, you can see clearly how the 20-day EMA provides good support. Below is the 50-day EMA that may hold any correction.The main resistance level is at $240. If bulls successfully break above it, a strong uptrend is expected to start.

ONT(Ontology) Price Outlook ONT has finally broke up the 20-day EMA which is the first sign of recovery. RSI is still showing bullish divergence . As we stated in our last analysis , the trend line and the 50-day EMA will be the next resistance zones. Today the price has rebounded from the trend line. Traders should go bullish when the pair closes above the 50-day EMA. Above this level, a rally to $1 is probable. In the downside, 20-day EMA will be the first support now, thereafter $0.68 level. ONG Price Outlook ONG is in consolidation now. It is trading below the moving averages which is negative. The area between the moving averages will act as a stiff resistance. If the bulls succeed to break above it, a move to $0.25 is likely.

  After the breakdown of the uptrend line, ONT/USD is trading in a range-bound condition. The main resistance right now is the 20-day EMA. Look at the chart and see how this moving average is a great hurdle for any recovery. This shows that the trend is down. Above the 20-day EMA there are the trend line and 50-day EMA. We suggest traders open long positions only if the price breaks out the 50-day EMA. If the bulls successfully carry the pair above both the moving averages, a rally to $1 level is likely. Thereafter to $1.20. On the other hand, bears weren't be able to drag the price below $0.68 level, this shows that the selling pressure isn't strong yet. However, if the buyers don't come in soon, the bears will try to sink the pair below this level and extend the fall to $0.50.  Therefore, we don't recommend open fresh positions at current  conditions.

Bitcoin Price Outlook Bitcoin breaks above the moving averages which is positive. A golden cross between 20-day EMA and 50-day EMA is about to happen. Moreover, the pair has formed a huge symmetrical triangle . Traders should wait for a break out above the downtrend line to initiate fresh long positions. The price target of the breakout is around $13,000. The RSI is in favor of the bulls. In the downside, $9080 is proved to be good support. The bulls will defend this level aggressively. If it breaks down, it may indicate a change in the trend. Ethereum Price Outlook Unlike Bitcoin, Ethereum looks less bullish. It's still trading below the moving averages. The 20-day EMA is a real hurdle for the pair to advance. Most importantly, ETH/USD breaks down the uptrend line, which is negative. Traders should carry the price above the 20-day EMA to start the recovery. Above this level, 50-day EMA will be the next hurdle. For now, we can't see any reliable buy set up. ...

General overview of GBP/USD Prime minister Boris Johnson intends to suspend Parliament from September 12 until Oct. 14. The opposition party said it could trigger an emergency debate in parliament next week to try to prevent Prime Minister taking Britain out of the EU without a withdrawal deal. This is a negative environment for GBP. Daily Chart Technical Analysis     The major trend is still bearish. GBP/USD is trading below the moving averages. They are behaving as  stiff resistance for the pound to advance. On the upside, $1.23 will be the first hurdle for the bulls if it is broken it may trigger a rise to $1.2345 and to 50-day EMA. However, $1.2100 will be the first support as it's the Psychological level. A break below it may carry the sterling to $1.2020.   General overview of EUR/USD EUR plummeted against USD as German inflation slowed in August and unemployment rose. This shows that the largest economy in EU is slowing. Additi...

    General View ETC was one of the best performer coins in the last five days. The main reasons for this bull run are the forthcoming Atlantis hard fork, which aims to develop high-quality blockchain software that preserves the security of the network. Additionally, Ethereum Classic Labs announced North Block Capital as part of the ETC Labs’ Studio program. They will work together on creating comprehensive token sale initiatives for North Block Capital investments, clients and partners. Daily Chart Technical Analysis  ETC/USD is trading above the moving averages which is positive. Also, RSI is in the overbought zone which confirms the upper hand of the bulls.  If we look at the daily chart,we will see a bullish flag formation. This is a continuation pattern. To validate this pattern, the price should break out the upper line of the flag usually accompanied by volume. The price target of the break out is $9.50. Therefore, traders should go lo...

  By Deya Hroob   Ethereum Daily Technical Analysis   The main trend is still up according to the daily chart. The pair is trading above the main uptrend line which is quite positive. Also, on the RSI, there is a bullish divergence that shows a potential reversal in price, but it needs confirmation from other indicators. On the other hand, the rebound from the main uptrend line is stopped by both 20-day EMA and the trend line 1 as expected in our last analysis.  Ethereum needs to scale above 20-day EMA to resume the uptrend. As long as the main uptrend line holds the price, ETH/USD will be bullish in long term. Conversely, if it breaks down, it may indicate a change in trend and a fall to $150 will be in the cards. XRP  Daily Technical Analysis   XRP broke down the main support on Aug. 13 which is a negative sign. It was the psychological support since Dec. 13. 2018.      Additionally, it faces stiff ...