Only charts

Etherum , the second most popular crypto currency after bitcoin and the platform for smart contracts technology slid from 300$ to 184$ at the time of writing this post. The fall took just 48 hours or so. However , there is a bullish divergence on the RSI ( relative strength index) and it says that etherum might recover sooner than we think. Current area is a good one to get long and start adding more if we get to 85$ ...because finally , we will get back to 300$ atleast at year end. So you may double your money on that trade. It is just a game of wait and see . Financial markets are all about timing. Remember to follow me for updates on this trade and more . keep checking the blog or simply subscribe by email to get the updates . My twitter handle : @b4borio

Non farm payroll report will be released today at 12:30 GMT. Among , the data which will be released is the unemployment rate. The data is very critical for the direction of the USD for the coming period. My technical analysis for GBPUSD , EURUSD says the data will not be in favor for the USD. IT says the market will be terribly bearish for the USD and we might see a huge rally in eur/usd today and next week , possibly targeting 1.20 level again. Keep following for updates and lets see where the markets are going. follow me on twitter for fast updates on the markets and keep checking the blog for trading recommendations. Trading recommendations will be published shortly after the release of the data. My twitter handle is :@b4borio