Currency Analysis

 Forex analysis is used by retail forex day traders to determine buy or sell decisions on currency pairs.

British Pound: Why is it Stronger than the US Dollar?

You might be wondering why the British pound remains mightier than the U.S dollar when the United States’ economy is much stronger than Great Britain’s. What makes this fact more complicated is that, as of this writing, the British pound...

XRP Price Aggressively Advances

Apart from Bitcoin and Ethereum, XRP is the third-largest cryptocurrency in the world currently. It's been going through a downtrend for the last 3.5 months. Yet, XRP is ready to turn the digital currency world by showing a significant rise...

Is Bitcoin the King of Cryptocurrency?

Since its very first inception in around 2009, cryptocurrency, such as Bitcoin, Libra, etc., has been nothing new as of today. In this particular era, many people have already utilized it instead of cash money. There are even discourses that...

On Forex Today, US Dollar Edged Lower

On Wednesday, October 2, 2019, US dollar reportedly is in confusion and, subsequently, tumbles. The fear of recession, that has been jeopardizing the country, has harmed its currency. As of 09:16 AM ET this day, the US dollar index was at...

Image Credits to Sharon McCutcheon at Unsplash

3 Things About China Digital Currency

People's Bank of China has announced that it is issuing a digital currency. Some says it is a counterpart of Bitcoin and Libra, some says it has nothing to do with cryptocurrency. So, what is it? What is CBDC? CDBC...

Zuckenberg on Libra Project: No Release Date Yet

Facebook CEO Mark Zuckerberg declined to elaborate on the release schedule of the Libra Project. So far, it has been Facebook's public stance that Livra is developing with the aim of launching it next year. However, Zuckerberg said in an...

So, Is It Time to Buy Bitcoin or What?

Bitcoin has fallen to below $8,000 level. It is the first time in three months that Bitcoin has backtracked to around $8,000. Market watchers countered that it was a "buy timing" and that it was a harbinger of a fall....

photo credit to Dmitry Moraine at unsplash.com

Bitcoin Price Dropped Down Rapidly

Bitcoin price dropped down by 9% on Tuesday (9/24), rapidly. It is the third biggest daily loss of the year and the most rapid, by far. With the drop happened so rapidly in a very short time. Moreover, the 9%...

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