Daily Bitcoin Price Analysis: Bitcoin vs. Dollar – Is the Parity Found?
Throughout yesterday Bitcoin’s price was shivering between $430 and $440. Strengthening of the Dollar continues to pressure Bitcoin. Furthermore, after two weeks of Bitcoin growth from $380 to $458, we should now expect a price correction. US GDP data released yesterday turned out to be higher than predicted, but still were lower than in the previous period (actual 2.0%, forecasted 1.9%, but previous 2.1%). Today an important block of Statistics that should highlight the main index for personal consumption expenditures in November (forecasts 0.1% against previous 0.0%) will be published in....
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Eight days ago, the euro tapped a record low against the U.S. dollar as it hit $1.028 per unit against the USD last Tuesday. This week, the official currency for 19 of the European Union’s member states reached parity against the U.S. dollar for the first time in 20 years. Euro Hits Parity Against the US Dollar, Greenback Skyrockets Against a Basket of Fiat Currencies Even though it was a goal for the European Union (EU) to introduce a sovereign fiat currency for the EU back in the sixties, the euro did not get introduced until January 1, 1999. At first, the euro was introduced....
Ethereum price is showing a lot of bullish signs versus the US dollar on the daily chart, but there is a warning as well. Read in detail to know more. Key Highlights. Ethereum price moved higher recently against the US Dollar and traded above the $12.00 resistance area If we look at the daily chart of the ETH/USD, then there was a break above a bearish trend line (data feed via Kraken) of ETH/USD. The best part is the fact that the price is above the 100-day simple moving average, which is a positive sign for the long term traders. Ethereum Price – Double Top or Upside Move? Ethereum price....
Ethereum price found buyers near $10.15 against the US Dollar, and now it looks like ETH/USD is attempting an upside move. Key Highlights. ETH price traded further lower against the US Dollar to test $10.15 where it found support. The ETH/USD pair is now making an attempt to break yesterday’s highlighted bearish trend line on the hourly chart (data feed via SimpleFX). A break and close above $10.40 might open the doors for more gains in the near term. Ethereum Price Recovery. We saw more declines in ETH price against the US Dollar, as it traded below $10.20 to trade as low as $10.15 where....
Ethereum price after a lot of struggle finally established a support, and may trade higher once again if the bulls gain control. Key Highlights. Ethereum price after heavy losses this past week against the US Dollar found support below $10.00 and started recovering. There is a major support trend line formed on the daily chart (data feed via Kraken) of ETH/USD, which is acting as a barrier for the bears. As long as the price is above the trend line support, there is a chance of more gains in the near term. Ethereum Price Support. Ethereum price ETH after a downside move against the US....
Ethereum price has started a recovery against the US dollar, but it faces a major resistance on the upside, making buyers nervous. Key Highlights. Ethereum price started a recovery against the US Dollar, and found support just above $9.00. There is a monster bearish trend line formed on the daily chart of ETH/USD (data feed via SimpleFX), which may act as a resistance. The 100-day simple moving average is also on the upside to act as a hurdle for the ETH buyers. Ethereum Price Upside Hurdle. ETH price after a crash towards the $9.20 level against the US Dollar found support, and started....