Day: September 7, 2023

Sep 07
FCA warns against QUICKOPTIONSINVESTMENT

Unauthorised firm details Name: QUICKOPTIONSINVESTMENT Email: [email protected] Website: www.quickoptionsinvestment.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 genuine.

Sep 07
Murrey Math Lines 07.09.2023 (USDCHF, XAUUSD)

USDCHF, “US Dollar vs Swiss Franc” USDCHF are above the 200-day Moving Average on H4, indicating the prevalence of an uptrend. The RSI is in the overbought area, giving hints on a possible price correction. In this situation, a downward breakout of 6/8 (0.8911) is expected, after which the price might drop to the support […]

Sep 07
AUD hits a new low. Overview for 07.09.2023

The Australian dollar, paired with the US dollar, is plummeting. The current AUDUSD exchange rate stands at 0.6365. The Aussie is updating lows last seen in November 2022 as market participants continue to analyse earlier data. Australia’s trade balance surplus in July decreased to its lowest point in 17 months. The report shows that imports […]

Sep 07
GBPJPY H4 | Bullish reversal off 78.6% fibo?

TitleGBPJPY H4 | Bullish reversal off 78.6% fibo? TypeBullish Bounce Preference:Price has made a lower high, and we can expect price to fall further to our pivot point at 184.06, which is an overlap support level, aligning with the 61.8% fibo projection and 78.6% fibo retracement. Price could potentially reverse from our pivot point, and […]

Sep 07
JPY: a new slump. Overview for 06.09.2023

The Japanese yen, paired with the US dollar, is undergoing an active phase of devaluation. The current USDJPY exchange rate is 147.41. The current levels for the yen are the lowest in the past 10 months. Overall, the yen has lost more than 12% of its value since the beginning of the year. The primary […]

Sep 07
Oil Surges As Saudi Arabia & Russia Extend Production Cuts

Oil Cuts Extended Crude prices broke out to yet further new highs for the year yesterday. The move was driven by news that Saudi Arabia and Russia have extended their additional production cuts through year-end. On top of the production cuts agreed among OPEC+ members, the two producers undertook additional, voluntary cuts which totalled around […]

Sep 07
Dollar Faces Resistance Amid Oil Price Swings

The rapid bullish advance of the greenback in the past few days has encountered some selling pressure near the 105 level on the US Dollar Index (DXY). Today, the index is treading water amid a pullback in oil prices following yesterday’s OPEC+ decision. It’s worth noting that currencies of energy-importing nations entered a downside in […]