Forex Consulting

Litecoin founder sells and donates all his LTC

Litecoin founder/creator Charlie Lee with a Twitter and Reddit post saying that he has donated and sold all his LTC holdings He says that he is not quitting Litecoin, and that he has given up his LTC holdings because of a conflict of interest to hold LTC and tweet about it at the same time…

Forex Consulting

Trading ideas for the European session

Daily thread to exchange ideas and to share your thoughts – 20 Dec 2017 Welcome, everyone! Today marks the fifth day before Christmas. Have you all finished up with your Xmas shopping yet? Not to worry, technically you’ll still have the weekend to get that done. 😀 Copyright 2015 Forexlive.com

Forex Consulting

Kiwi weighed down as sellers come into the picture

NZD has been under some selling pressure against the USD and AUD I posted earlier last week that the NZD/USD was playing ping pong with the resistance level at 0.7030 and the support level at 0.6980.After being rejected again on the topside on Monday, the pair is falling lower. Overnight trading saw it break below…

Forex Consulting

Eurostoxx futures +0.14% in early European trading

European equity futures are showing positive signs for the cash market A slight positive on most futures indices. This follows that of a mixed Asian equities session. The Nikkei ended the day higher, as did Australia’s ASX 200. But China’s Shanghai Composite and CSI 300 indices, as well as HK’s Hang Seng index, are all…

Forex Consulting

Germany Nov PPI m/m +0.1% vs +0.2% expected

Latest data release by Destatis – 20 Dec 2017 A slightly softer than expected reading. But nothing too much to glean from the data, to be fair. EUR/USD is sliding across the board over the last 15 minutes, down to session lows of 1.1829. Copyright 2015 Forexlive.com