Day: August 16, 2023

Aug 16
Daily Market Outlook, August 16, 2023

Daily Market Outlook, August 16, 2023 Munnelly’s Market Commentary…  Asian equity markets faced downward pressure in response to declines on Wall Street, reflecting a broad risk-off sentiment triggered by global macroeconomic challenges, notably the recent string of weak data from China. The Nikkei 225 index extended its losses, falling below the 32K handle. Major stock […]

Aug 16
FCA warns against www.tc-rm.ru (Clone of FCA authorised firm)

www.tc-rm.ru (Clone of FCA authorised firm)

Aug 16
FCA warns against MGM Global / https://mgmglobal.com/ | FCA

Unauthorised firm details Name: MGM Global / https://mgmglobal.com/ Address: 5 Harbour Exchange, E14 9GE Telephone: 442039961490 Email: [email protected] Website: mgmglobal.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 […]

Aug 16
FCA warns against CFMFXBROKER

Unauthorised firm details Name: CFMFXBROKER Address: St Kingsville, Texas, UNITED STATES OF AMERICA, TX 78363 Mobile: +447300440887 Email: [email protected] Website: www.cfmfxbroker.online 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 16
FCA warns against Forex Trading Digital Pay

Unauthorised firm details Name: Forex Trading Digital Pay Address: UNITED KINGDOM Email: [email protected] Website: www.fxtradingdigitalpay.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 […]

Aug 16
FCA warns against SULZER GREEN LAW

Unauthorised firm details Name: SULZER GREEN LAW Address: 104 S Michigan Avenue, Chicago, Illinois, UNITED STATES OF AMERICA, 60603 Telephone: +17732426548 Email: [email protected], [email protected] Website: www.sulzergreenlaw.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 16
Ichimoku Cloud Analysis 16.08.2023 (EURUSD, USDCAD, XAUUSD)

EURUSD, “Euro vs US Dollar” EURUSD has secured under the support level. The instrument is going below the Ichimoku Cloud, which suggests a bearish trend. A test of the lower boundary of the Cloud at 1.0980 is expected, followed by a decline to 1.0695. An additional signal confirming the decline will be a rebound from […]

Aug 16
Technical Analysis & Forecast 16.08.2023

EURUSD, “Euro vs US Dollar” EURUSD finished a wave of correction at 1.0951. Today the market has performed an impulse of decline to 1.0898. At the moment, a consolidation range is forming above this level. The price is expected to exit the range downwards and extend the wave to 1.0850, from where the trend could […]

Aug 16
XAUUSD H4 | Bullish bounce off pivot?

TitleXAUUSD H4 | Bullish bounce off pivot? TypeBullish Bounce Preference:Price could potentially bounce off the pivot point at 1903.45, and head towards the 1st resistance at 1912.38, which is at the 50% fibo retracement level. Furthermore, there is also a bullish divergence happening, which could mean that there is potential for price to have a […]

Aug 16
Crude Pulling Back Over China Economic Fears

Oil Under Pressure Oil prices have pulled back sharply this week with crude futures dropping around 5% from last  week’s YTD highs. The driver behind the current weakness has been an uptick in concerns over the health of the Chinese economy. A string of recent data weakness out of China has underscored economic concerns while […]