Day: August 15, 2023

TitleBCOUSD H4 | Bullish bounce off 50% Fibo? TypeBullish Bounce Preference:Price has bounced off the pivot point of 85.859 which is an overlap support that aligns with the 50.0% Fibonacci retracement level and could potentially climb higher; we could see momentum carry price up to its 1st resistance at 88.179 which is a swing-high resistance. […]

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The FTSE Finish Line – August 14 – 2023 FTSE China Concerns Continue To Weigh ON Export Heavy Blue Chips London’s FTSE 100 index UK export-heavy stock index, started the week on the backfoot experiencing a slight decline due to the underperformance of mining and oil companies’ shares. This drop was primarily influenced by mounting […]

Property & Financial Sector Risks Fresh fears over the health of the Chinese economy are taking centre stage this week. On the back of recent data weakness, reports this week are centred around the Chinese property and financial sector.  According to Bloomberg, late on Friday three firms recorded miss payments on high yield products from […]