Day: September 13, 2023
As of Wednesday, nothing has changed substantially in the cryptocurrency market. The BTC exchange rate remains near 25,871 USD. Market attention is still focused on information about the potential unlocking of FTX assets, worth no less than 3.4 billion USD. The company intends to sell the assets for 200 million USD weekly. From a fundamental […]
The major currency pair continues its consolidation on Wednesday. The current EURUSD exchange rate stands at 1.0747. There were no significant US statistics published earlier this week. The most interesting developments will begin today with the US Consumer Price Index report for August. According to forecasts, inflation may have increased to 3.6% y/y from 3.2% […]
Brent Soaring on OPEC Drivers Oil prices are soaring this week with Brent crude oil trading up to fresh highs on the year, hitting levels not seen since November 2022. Brent is now trading around 32% higher off the YTD lows and looks poised for further gains near term against a highly supportive backdrop. The […]
Stocks Showing Caution Ahead of Data US stock markets are reflecting some trepidation ahead of the latest set of US inflation figures due later today. Fed rate hike projections for the remainder of the year have been sharply unwound on the back of recent US data misses. While the Fed has reaffirmed its message that […]
Unauthorised firm details Name: BACUNDA LIMITED Address: 8 Glenn Court Avenue, Purley, CR8 2AG Telephone: 4065550120 Email: [email protected] Website: https://bacunda.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 […]
Unauthorised firm details Name: Exc24optxtrade Address: 27 Old Gloucester Street, London, United Kingdom, WC1N 3AX Telephone: +447984691874 Email: [email protected] Website: www.exc24optxtrade.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 […]
EURUSD, “Euro vs US Dollar” EURUSD has performed a declining wave to 1.0704. At a certain moment, the market formed a consolidation range under this level. Escaping the range upwards, the pair completed a link of growth to 1.0764. A consolidation range might form under this level today. Exiting this one upwards, the pair could […]
USDJPY, “US Dollar vs Japanese Yen” USDJPY quotes are above the 200-day Moving Average on H4, revealing the prevalence of an uptrend. The RSI has broken the resistance line. In this situation, the quotes are expected to rise above 7/8 (148.43) and then reach the resistance level at 8/8 (150.00). The scenario can be cancelled […]
UK Growth Drops Sharply The British Pound has come under renewed selling pressure into the middle of the week as traders digest the latest set of UK growth figures. According to the ONS, the UK economy shrank by 0.5% in July. This was deeper than the 0.2% dip the market was looking for and […]
TitleJP225USD H4 | Falling to pullback support TypeBullish Bounce Preference: Price is falling towards the pivot point of 32133.96 which is a pullback support that aligns close to the 61.8% Fibonacci retracement level and could potentially reverse from here; we could see momentum carry price up to its 1st resistance at 32749.26 which is an […]