Investment Portfolio

Gain: 

Pulse Wallet

Gain: 

REA Learn Copy

Gain: 

Quick Tools:

Forex Today: Bitcoin challenges the highest price of the last 20 months 

Forex Today: Bitcoin challenges the highest price of the last 20 months 

The price of Bitcoin has risen steadily in recent days and looks set to challenge a 20-month high price near $53,000.

➡️ Bitcoin  is rising sharply and looks set to challenge the 20-month high recently set at $52,884. Trend traders and investors will be interested in Bitcoin on the Long side.

➡️ Global stock markets are mixed at the start of the week. Trend traders will still appear to be involved on the Long side of the major US stock indexes, despite last week's losses, and day traders may consider long trading these indexes if they show bullish momentum after the market opens. The S&P 500 Index  has regained the 5000 level.

➡️ In the Forex market, the New Zealand dollar has been the strongest major currency since Tokyo opened today. The Swiss franc was the weakest. The highest volatility has recently been observed in the currency pair USD/JPY  and in crosses with the Yen, although this is starting to decline. The US dollar is showing some short-term weakness.

➡️ I cocoa futures  sold off heavily on Friday, leading to profit-taking and a suggestion that the current phase of the long-term uptrend may be over. Trend traders will watch carefully and consider going long, especially if the price fully recovers and reaches a new long-term high.

➡️ Today there are public holidays in both the United States and Canada.

 

Credit by DailyForex.com

en_USEN

Investment Portfolio

Copy strategies

Find out how our strategies copy works. You can copy our strategies without costs and without risk with a demo account, and with a real account in exchange for a profit-share.

REA TradeKit

Access Advanced Tools and Strategies.

14 day money back guarantee.

Free Resources

Mentoring 1 to 1

Reavolution's 1-to-1 mentorships allow you to learn our strategies directly from our trainers.

Main Categories

Forex Calculators

Commercial Lotto Calculator

Leverage and Margin Calculator

Drawdown Calculator

Compound Interest Calculator

Pips Value Calculator in Euros

Economic Calendar