Day: August 1, 2023

Aug 01
Technical Analysis & Forecast 01.08.2023

EURUSD, “Euro vs US Dollar” EURUSD has completed a wave of decline to the 1.0990 level. At the moment, a consolidation range is forming around this level. A downward breakout will open the potential for a decline to 1.0940. With an upward breakout, a wave of growth to the 1.1033 level could develop with the […]

Aug 01
Crude Testing YTD Highs As Rally Continues

Crude Breaking Higher Oil prices are this week trading at their highest levels since April. Crude futures have put in a solid rally over the last month, rising by over 17% from the July lows. Price is now testing a key resistance level which will be make or break for the bull move. With USD […]

Aug 01
Gold Prices Capped By USD Rally Ahead of ISM Data

Rising USD Weighing on Gold The US Dollar is pushing higher again this week which is weighing heavily on gold prices currently. Despite the market no longer pricing in any further Fed rate hikes this year, the drive seems to be linked to the resilience of the US economy, as shown through recent data strength. […]

Aug 01
Technical Analysis & Forecast for August 2023

EURUSD, “Euro vs US Dollar” EURUSD has formed the first wave of decline to 1.0944. Today a correction to 1.1111 could develop. This is the second wave. Once the correction is over, the third wave of decline to 1.0888 could follow. With a downward breakout of this level, the wave could extend to 1.0666. This […]

Aug 01
Japanese Candlesticks Analysis 01.08.2023 (XAUUSD, NZDUSD, GBPUSD)

XAUUSD, “Gold vs US Dollar” Gold has formed a Hammer reversal pattern near the support level. Currently, the instrument is going by the reversal signal in an ascending wave. The growth target might be 1980.00. Upon testing the resistance, the price could break it and continue an uptrend. However, the quotes could pull back to […]

Aug 01
The FTSE Finish Line – August 1 – 2023

The FTSE Finish Line – August 1 – 2023 FTSE Miners Lose Their Shine Weighing On Sentiment  On Tuesday, the UK’s FTSE 100 initially saw gains, but later reversed its course due to losses in mining firms outweighing the positive impact of upbeat earnings reports from HSBC, Weir Group, and Diageo. BP’s shares edged higher […]

Aug 01
RBA Catches Traders Offside With Rate Pause

AUD Under Pressure The Aussie Dollar has been under heavy selling pressure across the European morning on Tuesday, following the August RBA meeting overnight. The bank caught markets a little offside by keeping rates steady at 4.10%. While expectations were split, consensus favoured a further .25% hike yesterday, as reflected in the Bloomberg economists survey […]

Aug 01
FCA warns against www.easterlyacqcorp.com

Unauthorised firm details Name: www.easterlyacqcorp.com Address: 56 E 59th Street, New York, NY, UNITED STATES OF AMERICA, 10022 Telephone: +19293884977 Fax: +19292357147 Email: [email protected] Website: www.easterlyacqcorp.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 […]

Aug 01
FCA warns against Montana Trading

Unauthorised firm details Name: Montana Trading Address: 8-14 Verulam Street, London, UNITED KINGDOM, WC1X 8LZ Telephone: +442080978880 Email: [email protected], [email protected] Website: www.montanatradingltd.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 […]

Aug 01
FCA warns against Ariol Investment Group

Unauthorised firm details Name: Ariol Investment Group Telephone: +442030975037 Mobile: +441618181559 Email: [email protected] Website: https://ariolinv-gr.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 […]