Day: August 15, 2023

Aug 15
Downbeat China economic data puts global equities under pressure as US yields continue to climb

Chinese yuan extends depreciation, indicating growing concerns about China growth outlook and garnering more attention in global markets. USDCNY has exceeded the 7.28 mark: Data on industrial production, retail sales, fixed asset investment, and unemployment released today came in significantly weaker than expected: The People’s Bank of China also announced today that it is reducing […]

Aug 15
AUDUSD H4 | Approaching 38.2% Fibo resistance

TitleAUDUSD H4 | Approaching 38.2% Fibo resistance TypeBearish Reversal Preference: Price is rising towards the pivot point of 0.65172 which is a pullback resistance that aligns with the 38.2% Fibonacci retracement level and could potentially reverse from here; we could see momentum carry price down to its 1st support at 0.64678 which is a swing-low […]

Aug 15
FCA warns against Brown & Andrews / brownandandrews.com (Clone of FCA Authorised Firm)

Brown & Andrews / brownandandrews.com (Clone of FCA Authorised Firm)

Aug 15
FCA warns against International Fraud Watch / frauddetect.io

Unauthorised firm details Name: International Fraud Watch / frauddetect.io Email: [email protected] Website: www.frauddetect.io 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.

Aug 15
FCA warns against BOOST CAPITAL ACADEMY

Unauthorised firm details Name: BOOST CAPITAL ACADEMY Address: 19 Boulevard, Weston-Super-Mare, North Somerset, UNITED KINGDOM, BS23 1NR Email: [email protected] Website: www.boostcapitalacademy.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 […]

Aug 15
FCA warns against ZECRYPTEC

Unauthorised firm details Name: ZECRYPTEC Address: 109b New Road, Rednal, Birmingham, UNITED KINGDOM, B45 9JR Telephone: +19037444206 Email: [email protected] Website: www.zecryptec.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 […]

Aug 15
FCA warns against Market Brokeage / marketbrokeage.com

Unauthorised firm details Name: Market Brokeage / marketbrokeage.com Address: Wedal Rd, South Glamorgan, UNITED KINGDOM Email: [email protected] Website: www.marketbrokeage.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, […]

Aug 15
GBP remains under pressure. Overview for 15.08.2023

The British pound sterling is consolidating against the US dollar on Tuesday. The current GBPUSD exchange rate stands at 1.2690. Today the UK will release employment market statistics. Statistical data on average earnings in June are of most interest. A month earlier, the indicator increased by 4.0% over the three months ending in May. There […]

Aug 15
EUR dropped to its monthly lows. Overview for 15.08.2023

The most traded currency pair on Tuesday is stabilising after a stress yesterday. The current EURUSD quote is 1.0913. USD reached its monthly highs because investors were looking for a safe haven. The market was avoiding risks because of fears about the future of the Chinese economy. Moreover, investors were anxious about what the Bank […]

Aug 15
DE30EUR H4 | Bearish reaction off 38.2% fibo?

TitleDE30EUR H4 | Bearish reaction off 38.2% fibo? TypeBearish Reversal Preference: Price is approaching our pivot point at 16018.62, which is a pullback resistance, as well as at the 38.2% fibo retracement and 78.6% fibo projection. This shows that there is fibo confluence here, and price could reject off our pivot point, and there is […]