Day: March 25, 2022
USDCAD, “US Dollar vs Canadian Dollar” As we can see in the H4 chart, after forming an Inverted Hammer reversal pattern close to the support level, USDCAD is reversing and may form a new correctional impulse. In this case, the upside correctional target may be at 1.2575. However, an alternative scenario implies that the asset […]
BRENT As we can see in the H4 chart, Brent is trading above the 200-day Moving Average to indicate an ascending tendency. In this case, the price is expected to test 4/8, break it, and then continue moving upwards to reach the resistance at 5/8. However, this scenario may no longer be valid if the […]
Type: Bearish Reversal Key Levels:Resistance : 1975.7 Pivot: 1965.9 Support : 19938.3 Preferred case: Prices have bounced off a Pivot. We see the potential for further bearish continuation from our Pivot at 112.05 in line graphical overlap and area of Fibonacci confluences towards our 1st support at 1938.3 in line with 50% Fibonacci Retracement. Our […]
GBPNZD Testing Key LevelThe sell off in GBPNZD has seen the pair collapsing by around 8% over the last month, shedding around 1600 pips! The decline has been firmly consistent with price blowing through several key support levels. The pair is now testing major support at the 1.8857 level, having broken through the rising trend […]
This week Bitcoin (BTC) and select altcoins broke above their immediate resistance levels and moved higher, which propelled the total crypto market capitalization above $2 trillion on March 24. One of the triggers that could have driven crypto prices higher was BlackRock CEO Larry Fink’s letter to shareholders where he said that the Russia-Ukraine conflict […]
U.S. stocks zigzagged Friday to end mostly higher heading into the weekend after reports of a Saudi oil refinery attack pushed elevated crude prices higher. The three major equity also booked another week of gains. The Dow Jones Industrial Average DJIA, +0.44% advanced about 153 points, or 0.4%, ending near 34,861 Friday, but was up […]
• AUDCAD reversed from resistance level 0.9425• Likely to fall to support level 0.9300 AUDCAD recently reversed down from the key resistance level 0.9425 (which has been reversing the price from last November) -strengthened by the upper daily Bollinger Band. The downward reversal from the resistance level 0.9425 stopped the previous intermediate ABC correction (2). […]
• GBPNZD reversed from long-term support level 1.8900• Likely to rise to resistance level 1.9135 GBPNZD recently reversed up from the long-term support level 1.8900 (which has been reversing the price from the start of 2021) -strengthened by the lower daily Bollinger Band. The upward reversal from the support level 1.8900 stopped the previous intermediate […]
Signs of trouble continue to show up in the world’s largest, most liquid government-securities market as government bonds logged their worst week in years and the U.S. central bank’s interest rate hiking cycle gets under way. All six of the gauges used to monitor U.S. Treasury market depth — or the ease with which securities […]
ANNOUNCEMENT BY THE FINANCIAL SERVICES AND MARKETS AUTHORITY, PUBLISHED IN APPLICATION OF ARTICLE 34, § 2, PARAGRAPH 3, OF THE LAW OF 2 AUGUST 2002 Trading in Ecodis , ISIN BE0003871887 on Euronext Brussels is suspended from 10/03/2014 at 03:30 PM awaiting a general meeting on the closure of liquidation of the company. Source: […]
