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Showing posts from June, 2017

AUD/USD sellers are in control

Aussie (AUD/USD) is not able to close above .7620$ despite its upside attempts. On Tuesday , the pair has initiated a reversal , a bearish one and will probably continue sliding during the coming sessions with busy economic schedule and releases coming on Thursday and Friday. Technically speaking , the pair is still capped by 0.77$ mark creating triple top , and still supported around 0.73$ , I am Favoring a decline to break the 0.73$ mark , maybe the united stated GDP figure release will be the catalyst for this move. Our First support will be 0.7485$ area followed by 0.7420$ area . It is advised going short at current level with stop loss executed on daily close above 0.7620$ area. On the hourly chart, The pair is showing weakness , and nearing oversold levels at 30 mark. Follow me on twitter @b4borio for updates on this trade and more trading ideas. Feel free to contact me anytime.

Omise Go ewallets Initial Coin offerings (ICO)

Omise Go is a new service for payment processing and digital wallet solution which is based on etherum block chain technology aiming to smooth the operations of money transfer with lower fees. Omise Go eliminates the need for central bank or centralized authorization system , transactions are processed peer to peer . The service also includes enabling millions of users to transfer their fiat currencies to bitcoin, etherum and others. Omise Go network will not only help process payments , it is going to process payroll deposits , loyalty programs , B2B commerce among other things. The network proves to be promising as an idea which will have wide acceptance among world wide users, the Omise Go network will be issuing tokens at the end of June. So if you are looking for good opportunity investment , a very promising one indeed , you better check their website by the end of the month probably around 27th of this month. Check out the website here https://omg.omise.co/ to know more a

cryptocurrency for fundraising

Bitcoins and altcoins are now being used as a source for fundraising . New startups are using the block-chain technology to fund their companies in more decentralized way. That obstacle of finding funding sources blocked many tech startups from gaining customers and running the business. Now new startups can use block-chain technology to create new way for collecting funds needed for their companies to start running. For example startup Mastercoin managed to raise $500k back in 2013 which is based on bitcoin block chain. Another astonishing example is DAO "Decentralized Autonomous organization" which was built on etherum block chain raised an equivalent of $150 million last year. Startups manage to raise money using "ICO" which stands for initial coin offerings. this year so far there has been around 25 icos which raised around $160 million. Initial coin offerings are selling or offering tokens "coins" to users or investors in exchange for a service or

Nzd and aud should reverse

Both aussie and kiwi are not my favorites for trading. Although they seem easy to analyze , however both need patience and easy nerve. Both have rallied since the beginning of june , NZD/USD stalling at current level and possible reversal this week. I am short at current level 0.7220$ and my stop loss will be any daily close above 0.7220$... I am also short on aussie for a reversal from 0.7560$ area, both trades are initiated by dollar reversal and commodities reversalnas well. Dollar is turning bullish and uk election results will drive the majors to new low in june... Going long on cable will be at 1.2540-80$ area targeting 1.2730$

How Can you trade bitcoin and etherum

The market of crypto currencies will takeover the market of fiat currency "FX market" sooner or later. There are over 750digital currency and most of them are trading actively everyday. The market is very volatile compared to forex markets and that is a good reason for you not to use leverage . Using leverage or margin trading is the main reason for accounts liquidation. So , you can satisfy your greed for making large profits in short time by trading digital currencies without using leverage or margin trading. For one instant , Etherum made 100% profit during the last 10 days. it is not the only case here , we have siacoin, bytecoin , digibyte and many more doubled their price over just few hours and it is not a rare case. Markets move very vast and there is a big room for trading opportunities. There are many reputable and trusted crypto exchanges that you can use to start trading ; bitfinex , bittrex , poloniex , cex.io , coinbase and many more. For reference on the

Trading digital currencies/bitcoin

Trading crypto currencies is whole brand new market which might atttact alot of already forex traders ..the rise of bitcoin, etherum, ripple , dash and zcash among many more has created a very big market with high volatility. You dont need to use leverage or margin to make enough money. Today for example , currencies like bytecoin , bitshares have made around 50% against bitcoin. That will make you 50% on your money in just one day. The opportunities are endless and the market is huge. There are many reputable exchanges and wallets which you can use to start trading and making money in a smart way. I will be posting later on how you can buy bitcoins and how you can start trading amd making money...if you have any questions , you can contact me via mail or twitter: boriology@gmail.com DM @b4borio

Euro could continue to 1.1450

If eur/usd managed to close this week above 1.1240$ then we will see it at 1.1450 within few days.Eur/usd is still bullish on the daily chart and there is no sign of pause for the rally at the moment. After soft jobs data for united states today , euro and gold are rallying and breaking strong resistance areas. Both may keep the bullish rally if this week closed at current trading areas 1.1280$ and 1276$ I will be updating after markets close. However currently I am on short side for euro unless we close this week above 1.1240$ ....