Day: August 24, 2023
EURUSD, “Euro vs US Dollar” EURUSD has formed an Engulfing reversal pattern near the support level on H4. Currently, the instrument is going by the reversal signal in an ascending wave. The correction target could be the resistance level at 1.0915. However, the price could drop to 1.0815 and continue its downward movement without pulling […]
TitleGBPJPY H4 | Falling from neckline? TypeBearish Reversal Preference:Price just react off our pivot point off 184.704 which is a pullback resistance level. A reverse from here, price could fall to 1st support at 183.209 which is a pullback support level Alternative scenario:However, if price breaks above the pivot, it could rise to 1st resistance […]
Bumper NVIDIA Earnings Lift Sentiment Tech stocks are marching higher today on the back of a bumper set of earnings from NVIDIA yesterday which helped bolster sentiment further. There was plenty of anticipation in the market ahead of the release given the current hype around AI and traders were eyeing a positive set of results […]
Unauthorised firm details Name: QM Capital Partners Telephone: 02070888409 Email: [email protected] Website: qm-capitalpartners.co.uk Other Information: Please note that this entity has no association whatsoever with the UK registered company QM Capital Partners Ltd, company number: 10737660. The unauthorised firm is falsely claiming the name, registered number and address of the genuine UK registered company. The […]
EURUSD, “Euro vs US Dollar” EURUSD is pushing off the Tenkan-Sen line. The instrument is going below the Ichimoku Cloud, which suggests a bearish trend. A test of the lower boundary of the Cloud at 1.0880 is expected, followed by a decline to 1.0665. An additional signal confirming the decline will be a rebound from […]
EURUSD, “Euro vs US Dollar” EURUSD has completed a wave of decline to 1.0818. Today the market is correcting this wave of decline. A link of growth to 1.0885 is not excluded, followed by a decline to 1.0795, from where the trend might continue to 1.0750. This is a local target. GBPUSD, “Great Britain Pound […]
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Venrex Investment Management / Venrex Ventures / Venrex (Clone of FCA Authorised Firm)
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The major currency pair’s position is unchanged on Thursday. The current EURUSD exchange rate stands at 1.0870. US statistics are mixed. For example, while the forecast was more optimistic, the preliminary services PMI from Markit showed a decline to 51.00 points in August against 52.30 points earlier. The manufacturing PMI, in turn, dropped to 47.00 […]