Daily Market Summary

date
categories
Bormancorp

18.04.2019

  • EUR/USD

    Yesterday, the pair rose slightly, stop at around 1.1300. Eurozone inflation data did not particularly affect the cost. As the European economy slowed down, inflation rose rapidly. Today, analysts predict a decline in the pair to 1.1280, 1.1260 and 1.1230.

  • BTC/USD

    Yesterday, most cryptocurrency assets rose in price. So, BTC locked at the position of 5250 dollars. Tether began producing USDT coins based on Tron blockchain. Justin Sun, head of the Tron Foundation turned to Twitter to the exchanges for support. To add a token, large sites are already ready: Bitfinex, Huobi, OKEx. Today, analysts predict a rise in the pair to 5270, 5300 and 5320 dollars.

  • Gold

    The value of gold remained almost unchanged, staying at $1274 per troy ounce. European investors continue to show an active interest in gold. The main reasons are the negative yield of Eurozone bonds and geopolitical instability. However, in the short term, gold is under pressure. According to analysts, today the cost of the metal will recover to the following values: 1276, 1278 and 1280 dollars per troy ounce.

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Bormancorp

17.04.2019

  • EUR/USD

    Yesterday, the pair fell slightly, stopping at 1.1280. The index of economic sentiment in the euro area went into a positive growth zone. This has not happened since June 2018. The Center for European Studies in Germany compiles the index. To do this, they evaluate the economic activity of investors in the Eurozone. The optimism of investors could be caused by the announcement of the ECB regarding lending to commercial banks. Today, analysts predict a decline in the pair to 1.1270, 1.1250 and 1.1230.

  • BTC/USD

    On Tuesday, the value of cryptocurrency assets grew. So, BTC added more than 3%, staying at around $5220. Experts note that there are no fundamental reasons for growth. Therefore, it is likely that this was affected by the deals of several major players. Today, analysts predict a rise in the pair to the levels of 5250, 5280 and 5300 dollars.

  • Gold

    Yesterday, the price of gold fell sharply, stopping at around 1,276 dollars. Metal fell to a minimum level, as market participants expect a positive result of negotiations between the US and China. Analysts predict a recovery in the price of gold to the levels of 1278, 1280 and 1285 dollars per troy ounce.

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Bormancorp

16.04.2019

  • EUR/USD

    The pair remained unchanged, ending the session at 1.1300. The ECB continues to forecast low growth in the Eurozone. Francois Villeroy noted that inflation will begin to recover after 2019. At the moment, the growth of the euro will be limited. Only one factor supports the European currency: the demand for risky assets. Mutual threats from the United States and the European Union regarding duties on goods may cause significant damage to the economy. This will lead to a decline in the pair. Today, analysts predict a decline in the pair to 1.1280, 1.1260 and 1.1240.

  • BTC/USD

    The fixed assets have slightly decreased the price at the beginning of the new week. So, the cost of BTC dropped to $5060. Positive news reappeared on the market. The American marketplace LedgerX intends to become the first company offering futures contracts at BTC. The application was filed in November 2018. The company already has two licenses, allowing to submit cryptocurrency derivatives. Today, analysts predict a decline in the pair to the following values: 5030, 5000 and 4950 dollars.

  • Gold

    Yesterday, the price of gold fell, stopping at around 1,288 dollars per ounce. It became known that last week the level of demand for assets in India increased, reaching a maximum level in the last 5 months. The demand in China also remains stable. Today, analysts predict the restoration of the gold rate to the following marks: 1290, 1292 and 1295 dollars per troy ounce.

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Bormancorp

15.04.2019

  • EUR/USD

    The pair rose on Friday, stopping at around 1,1297. Experts point out that in 2019, the growth of the euro area and industry BBP remains weak. Most likely, the cost of the pair will decline due to the difference in the economic indicators of the USA and the Eurozone. Today, analysts predict a depreciation to 1.1275, 1.1250 and 1.1230.

  • BTC/USD

    Most assets had low volatility at the close of the last trading week. At the end of last week in France adopted a new law. Insurance companies of the country will be able to invest in cryptocurrencies using specialized funds. There will be no restrictions on the amount of investments. Moreover, these companies are able to offer customers various products based on digital assets. Today, analysts predict a rise in the pair to the following values: 0.3275, 0.3300 and 0.3350 dollars.

  • Gold

    The value of gold remained at the mark where it stopped at the end of the trading week. Experts note that there is no reason for the downward trend. At the moment, the dollar is not enough stability. For metal remains high demand from China and Russia. At the same time, gold production in South Africa decreased by 21%. Today, analysts predict the following marks: 1292, 1295 and 1300 dollars per troy ounce.

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Bormancorp

12.04.2019

  • EUR/USD

    Two factors influenced the depreciation: strong US statistics and market reaction to the comments of the ECB head. The pair lost almost 30 positions yesterday. The euro is adversely affected by conflicts in Italy and Spain, the long process of negotiating Brexit and the decline in German bond yields. Today, analysts predict a depreciation to 1.1240, 1.1220 and 1.1200.

  • BTC/USD

    BTC cost dropped to $ 5050. The main cryptocurrency has not been able to fix at the 5400 dollars. Positive news nevertheless continues to appear on the market: Coinbase has announced the release of Visa debit cards. Users can now pay for their purchases using cryptocurrency. The card will support all cryptocurrencies that are traded on the exchange. Today, analysts predict a decrease in BTC to values ​​of 5030, 5000 and 4950 dollars.

  • Gold

    Yesterday, the cost of the metal dropped sharply, stopping at around $ 1,290 per troy ounce. Due to strong economic data in the US, the dollar strengthened, and the gold exchange rate fell. Investors also learned that a potential trade deal between the United States and China was almost agreed. This news also puts pressure on gold. Today, analysts predict the recovery of the metal to the values ​​of 1292, 1295 and 1298 dollars per troy ounce.

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Bormancorp

11.04.2019

  • EUR/USD

    Yesterday, the currency pair stopped at 1.1277. Quotes declined after the meeting of the European Central Bank. The head of the ECB again reminded of the high risks of a declining economy in Europe. Today, analysts predict a rise in the price of the pair to the level of 1.1300, and then a reversal may occur to 1.1280 and 1.1250.

  • BTC/USD

    The cryptocurrency market is at the growth stage. Price BTC rose to a value of 5280 dollars. Rising asset prices did not prevent the news of a potential ban on mining in China. Today, analysts predict a rise in the price of the pair to $5300, 5320 and $ 5350.

  • Oil

    Due to the news about the gasoline stocks reduction in the United States by 7.7 million barrels, the price of Brent crude oil began its trading session at $ 71.5 l per barrel. In many ways, also affected the conflict in Libya. Analysts note that the upward trend remains relevant, but today they forecast the following marks: 70.5, 72.0 dollars per barrel.

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Bormancorp

10.04.2019

  • EUR/USD

    Yesterday, the pair rose slightly, staying at 1.1265. The main event of this week is the meeting of the European Central Bank, which will be held today. Investors are wondering how the regulator will react to the fall in inflation in the past month. Today, analysts predict a depreciation of the pair to the following values: 1.1240, 1.1220 and 1.1200.

  • BTC/USD

    The cost of Bitcoin has not changed, stopping at around $ 5,200. Companies continue to show active interest in the market. So, Facebook plans to attract funding to develop its own cryptocurrency. New market participants will certainly pay attention to this. The launch of its own cryptocurrency is also planned by a large bank of Japan - Mitsubishi Financial Group. Today, analysts predict a strengthening of the pair to $ 5230, $ 5250 and $ 5,300

  • Gold

    The cost of gold has reached $ 1304. Gold returns to an uptrend again. Today, analysts predict a rise in the metal price to $ 1305, 1307 and $ 1310 per troy ounce.

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Bormancorp

09.04.2019

  • EUR/USD

    Yesterday the pair's price rose, stopping at 1.1260. At the moment, the prospects for the development of the economic situation in the Eurozone remain negative. For example, imports and exports in Germany dropped significantly in February. Tomorrow, market participants expect the ECB meeting. Today, analysts predict a rise in the pair to the level of 1.1290. True, then there may be a decrease to 1.1260 and 1.1230.

  • BTC/USD

    The cryptocurrency market continues to grow. The cost of BTC has risen to $5,200. The large exchange Bitfinex noted that more than 20% of transactions for the sale of BTC were closed yesterday. The amount was nearly 35 million dollars. Today, analysts predict a rise in the pair to values ​​of 5,230, 5,250, and 5,300 dollars.

  • Gold

    Yesterday, the price of gold rose, stopping at $1,297 per troy ounce. A positive moment is the exit of the price from a narrow range in which the metal has been in the past week. China's central bank increased its gold reserves in March by 11.2 tons. Today, analysts predict the following levels: 1300, 1302 and 1305 dollars per troy ounce.

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Bormancorp

08.04.2019

  • EUR/USD

    The pair dropped slightly last Friday, stopping at 1.214. Despite the increase in US jobs by 195,000, the markets reacted very reservedly. The dollar is in a good position now, but there is not enough additional impetus to break the 1.1200 mark. This may be affected by the conclusion of a trade agreement between China and the United States. Donald Trump noted that this will happen soon. Today, analysts predict a depreciation to the levels of 1,1200, 1.1180 and 1.1160.

  • BTC/USD

    The cost of cryptocurrency assets declined slightly after the rapid growth at the beginning of last week. Bitcoin has risen above the $5,000 mark. Today, analysts predict a rise in the price of the pair to the following marks: 5130, 5150 and 5180 dollars.

  • Gold

    The price of the metal also slightly declined last Friday, stopping at around 1,291 dollars. The release of labor market data in the United States did not change the value of gold. As long as interest rates remain low and geopolitical tension grows in Europe, the value of the metal will rise. Russia, China, Turkey and Kazakhstan are most interested in gold. Today, analysts predict a growth of quotations to 1293, 1295 and 1298 dollars per troy ounce.

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Bormancorp

05.04.2019

  • EUR/USD

    The pair's rate yesterday fell slightly, stopping at around 1.1220. After yesterday’s meeting of the ECB, its representatives noted that economic data remained weak. It is possible that the dollar will strengthen against the euro. Today, analysts predict that the cost of the pair will drop to 1.1200, 1.1180 and 1.1150.

  • BTC/USD

    After yesterday's rapid growth, the cryptocurrency market calmed down a bit. Price BTC again fell below $ 5,000. However, experts note that the prospect of an uptrend remains relevant. Today, analysts predict a decrease in the price of the pair to the following marks: 4850, 4800 and 4700 dollars.

  • Gold

    The price of gold rose slightly during yesterday's session, stopping at around 1,292 dollars per troy ounce. Despite the slowdown in growth, almost 77% of traders continue to maintain long positions in gold. Analysts predict a decline in the value of gold to values ​​of 1290, 1288 and 1285 dollars per troy ounce.

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