Day: July 24, 2023
The price of BTC dropped even further on Monday, reaching 29,783 USD. The flagship cryptocurrency appears to be in a weak position for two main reasons. Firstly, there has not been any significant impulse on the platform to enable investors to take advantage of seasonal factors. The seasonal driver has lost its power, and a […]
The major currency pair is gearing up for a week filled with significant events. The current EURUSD quote is 1.1120. A period of heightened emotions awaits the currency market. The meeting of the US Federal Reserve System is set to conclude on Wednesday, followed by the European Central Bank’s meeting on Thursday. Both regulators are […]
PMIs Drop Again Following on from the weak eurozone data we saw this morning, the latest round of PMIs out of the UK today struck a similar tone. The manufacturing PMI was seen falling to 45 from 46.5 prior while the services PMI was a little better at 51.1, though still down from the prior […]
TitleAUDUSD H4 | Falling to pullback support TypeBullish Bounce Preference: Price is falling towards the pivot point of 0.67014 and could potentially reverse from here; we could see momentum carry price up to its 1st resistance at 0.68324. Alternative scenario:If price breaks below the pivot point, it could hit the 1st support at 0.66222. To […]
Unauthorised firm details Name: Encore Capitals / ECR Capitals Limited Address: 130 Old Street, London, UNITED KINGDOM, EC1V 9BD Telephone: +441273807865 Email: [email protected], [email protected] Website: www.encorecapitals.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 […]
Unauthorised firm details Name: Capital Expert Trade Address: 2709 N Hayden Island, Dr STE 350719, Oregon, Portland, UNITED STATES OF AMERICA, 97217 Telephone: +14307550462 Email: [email protected] Website: www.capitextrade.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 […]
EURUSD, “Euro vs US Dollar” EURUSD has performed the second declining impulse to 1.1107. Today the market is forming a consolidation range above this level. An escape from the range downwards and an extension of this wave to 1.1025 are expected. This is a local target. After the price reaches this level, a correction to […]
EURUSD, “Euro vs US Dollar” EURUSD quotes are above the 200-day Moving Average on H4, revealing the prevalence of an uptrend. The RSI is approaching the oversold area. In this situation, a rebound from 6/8 (1.1108) is expected, followed by a rise to the resistance level of 8/8 (1.1230). The scenario can be cancelled by […]
The FTSE Finish Line – July 24 – 2023 FTSE Marking Time Ahead Of Central Bank Policy Updates Ahead On Monday, the UK’s FTSE 100 index remained flat, with gains in telecoms firm Vodafone Group offsetting losses in financial stocks. Vodafone Group saw a significant increase of 4.7% in its stock price after reporting accelerated […]
TitleNZDUSD H4 | Approaching 78.6% Fibo support TypeBullish Bounce Preference: Price is falling towards the pivot point of 0.61288 and could potentially reverse from here; we could see momentum carry price up to its 1st resistance at 0.62185. Alternative scenario: If price breaks below the pivot point, it could hit the 1st support at 0.60673. […]