Day: July 27, 2023

Jul 27
AUD has recovered. Review for 27.07.2023

The Australian dollar has stabilised against the US dollar. The current AUDUSD quote is 0.6804. The Aussie rebounded following the decision of the US Federal Reserve to raise the interest rate by 25 basis points to 5.5% per annum. The currency section did not receive a full range of positive signals; the US dollar declined […]

Jul 27
USD falls after the Federal Reserve meeting. Overview for 27.07.2023

The major currency pair remains strong on Thursday. The current quote for EURUSD is 1.1110. The US Federal Reserve raised the interest rate by 25 basis points at its meeting yesterday, to 5.5% per annum – just as expected. Sentiment remained restrained. In its comments, the Fed noted that there is no expectation of an […]

Jul 27
EURUSD Rallying Ahead of ECB Meeting

  ECB on Watch On the back of the latest hike from the Fed yesterday, focus now shifts to the ECB today. As with the Fed, the ECB is widely expected to hike rates by a further .25% today and so the bigger focus will be on the guidance issued alongside the decision and whether […]

Jul 27
GBPUSD H4 | Potential react off 50% Fibo?

TitleGBPUSD H4 | Potential react off 50% Fibo? TypeBearish Reversal Preference: Price is approaching our pivot point of 1.29757 that aligns with 50% Fibo retracement. A reverse from here, price could fall to 1st support at 1.28721 which is an overlap support. Alternative scenario:However, if price breaks above the pivot, it could push to 1st […]

Jul 27
FCA warns against GOLDCAPITAL TRADES / GOLDCAPITALTRADES

Unauthorised firm details Name: GOLDCAPITAL TRADES / GOLDCAPITALTRADES Address: 78 Cannon Street, London, UNITED KINGDOM, EC4N 6AF Email: [email protected] Website: www.goldcapitaltrades.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 […]

Jul 27
FCA warns against ECOIN FX TRADE

Unauthorised firm details Name: ECOIN FX TRADE Address: UNIT 5, CARRERA COURTH, DINNINGTON, SHEFFIELD, UNITED KINGDOM, S25 2RG Telephone: +17622606119 Email: [email protected] Website: www.ecoinfxtrade.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 […]

Jul 27
FCA warns against ECOIN LITE

Unauthorised firm details Name: ECOIN LITE Address: UNIT 5, CARRERA COURTH, DINNINGTON, SHEFFIELD, UNITED KINGDOM, S25 2RG Telephone: +12605730217 Email: [email protected] Website: www.ecoinlite.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 […]

Jul 27
Technical Analysis & Forecast 27.07.2023

EURUSD, “Euro vs US Dollar” EURUSD formed a consolidation range around 1.1057 and expanded it to 1.1117, exiting the range upwards. Today the quotes might rise to 1.1122 (with a test from below). After the price hits this level, a new wave of decline to 1.1020 could start. And if this level also breaks, the […]

Jul 27
Murrey Math Lines 27.07.2023 (USDCHF, XAUUSD)

USDCHF, “US Dollar vs Swiss Franc” USDCHF quotes are in the oversold area on H4. The RSI is nearing the oversold area. In this situation, a test of -2/8 (0.8544) is expected, followed by a rebound from this level and a rise to the resistance at -1/8 (0.8667). The scenario can be cancelled by a […]

Jul 27
Gold Rallying As USD Slides Post-FOMC

  USD Falls Following FOMC The US Dollar has turned lower on the back of the July FOMC yesterday. The Fed hiked rates by a further .25%, as expected, taking rates to their highest level in 22 years. Additionally, the bank was seen leaving the door open to further tightening, noting that the battle against […]