The Traderszone Network

Activision-Blizzard needs lower prices or a choppy range to gather the institutional sponsorship needed to confirm July’s cup and handle breakout.

Activision-Blizzard needs lower prices or a choppy range to gather the institutional sponsorship needed to confirm July’s cup and handle breakout.

SeaWorld, owned by investors including Blackstone Group, lost 500,000 visitors amid continuing criticism over killer whales and the weak economy in Brazil

CoinDesk explores the impact of the Bitfinex hack on perception of multi-sig wallet technology, a key security feature used by the Hong Kong exchange.

On Thursday, Assetz Capital one of the UK’s largest peer-to-peer lenders, announced it is predicting that both savers and borrowers will continue to turn to alternative finance companies in increasing numbers as Bank of England slashes interest rates from 0.5% to 0.25%. The website reported, peer-to-peer lending platforms remain largely… Read More

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1.1077-78 remains key…
The EURUSD price action has slowed with the pair trading in a 10 pip trading range over the last hour.  OK.
That price action has been able to stay above the 200 day MA and the 100 bar MA on the 4 hour chart.  That can be worrisome to shorts. Those levels are key levels. 

As the aftermath of Brexit shows, the market can calm down after reacting quickly to big news. Investors should keep this in mind to avoid panic-selling.