Day: June 21, 2023

USDJPY, “US Dollar vs Japanese Yen” USDJPY quotes are above the 200-day Moving Average on H4, which indicates the prevalence of an uptrend. The RSI has rebounded from the support line. In this situation, the price is expected to rise above 7/8 (142.18), from where it could climb to the resistance at 8/8 (143.75). The […]

The major currency pair continues its consolidation phase. The current EURUSD quote is 1.910. The macroeconomic calendar lacks any significant announcements, allowing the market to focus on more global issues. For example, investor speculations about the future of the US interest rate are still in the spotlight. There is a probability that the Federal Reserve […]

TitleUSDCHF H4 | React off overlap resistance TypeBearish Reversal Preference: Price is currently at our pivot point of 0.89923, which represents an overlap resistance. This level aligns with a 50% Fibonacci retracement and 100% projection, indicating a Fibonacci confluence. If there is a reversal from this level, the price could potentially decline towards the first […]

TitleUSDCAD H4 | Potential bearish reversal TypeBearish Reversal Preference: Price is heading towards our pivot point of 1.32772 which is a pullback resistance that aligns with a 61.8% Fibo retracement. a reverse from here, price could fall to 1st support at 1.31882 which is a multi-swing low support Alternative scenario: However, if it breaks above […]

Unauthorised firm details Name: LondonBit / https://londonbit.co.uk/. Telephone: 07564720385, 02039962342 Mobile: 02030538807, 02033764090 Email: [email protected], [email protected], [email protected] Website: https://londonbit.co.uk/ Some firms may give incorrect contact details including postal addresses, telephone numbers and email addresses. They may change these contact details over time. They may also give you details that belong to another business or individual, […]

The British pound sterling is seeking reasons to increase against the US dollar. The current GBPUSD quote is 1.2765. Today’s statistics on British inflation have provided informative insights. Prices in the country have remained higher than expected for four months in a row. This could be a basis for a new interest rate hike. In […]

EURUSD, “Euro vs US Dollar” The currency pair is forming a structure of a declining wave to 1.0880. After it reaches the level, a correction to 1.0915 might follow (a test from below). Next, a decline to 1.0820 is expected. This is a local target. GBPUSD, “Great Britain Pound vs US Dollar” The currency pair […]

TitleBTCUSD H4 | Bullish momentum TypeBullish Bounce Preference:Price has hit the pivot point of 26176.56 and reversed from here; we could see momentum carry price up to its 1st resistance of 26815.71. Alternative scenario:If price breaks below the pivot point, it could hit the 1st support of 25713.18. To discuss this trading idea, head over […]

The surprise in UK consumer inflation for May was incredibly strong, raising concerns that the Bank of England may go into overdrive with the policy tightening. GBPUSD initially tried to gain strength, but it quickly became clear that additional tightening measures could hurt the UK’s growth prospects, resulting in the Pound sell-off. In May, UK […]

Unauthorised firm details Name: VT Markets / www.vtmarkets.com Email: [email protected] Website: www.vtmarkets.com Some firms may give incorrect contact details including postal addresses, telephone numbers and email addresses. They may change these contact details over time. They may also give you details that belong to another business or individual, so the information looks genuine.