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News FreshForex

May 13, 2019 in 12:30

BITCOIN IS IN THE SPOTLIGHT AGAIN

The most interesting assets

Bitcoin is in the spotlight again: аor the fourth straight month the cryptocurrency price has been impressively increasing; BTCUSD and BCHUSD show a strong uptrend. Commercial banks in Europe and Asia have begun to actively use cryptocurrencies in the financial transactions.

US stock indexes achived a historic high of #SP500 and #NQ100 on May 1 and moved to a correction phase. Current levels are attractive for opening Buy-trades based on the bullish trend continuation and the updating of the historical maximum.

The Japanese yen is getting stronger: at the beginning of May the ADX trend indicator pointed to the downtrend development of the USDJPY and NZDJPY currency pairs. This indicator shows the strength of the trend, and each trader can get a good trading signal by using this indicator.