Day: September 19, 2023

Sep 19
Technical Analysis & Forecast 19.09.2023

EURUSD, “Euro vs US Dollar” EURUSD has completed a wave of growth to 1.0697. At the moment, the market is consolidating under this level. The consolidation range might extend to 1.0700. Next, a decline to 1.0655 could happen. And a breakout of this level could open the potential for a wave to 1.0608. After the […]

Sep 19
EURUSD is ready for the Fed’s meeting. Overview for 19.09.2023

The major currency pair appears stable on Tuesday. The current EURUSD exchange rate stands at 1.0680. All the time that has passed since the meeting of the European Central Bank, the euro exchange rate has been trying to recover but has so far failed to do so. In fact, the euro has been maintaining a […]

Sep 19
EURJPY H4 | Bearish reaction off 61.8% fibo?

TitleEURJPY H4 | Bearish reaction off 61.8% fibo? TypeBearish Reversal Preference: Price is approaching our pivot point at 157.91, which is an overlap resistance, aligning with the 61.8% fibo retracement. If price reacts bearishly from our pivot point, then price could fall to the 1st support level at 157.41, which is a swing low support, […]

Sep 19
USDCAD Breaks Support Ahead of CAD CPI

CAD Boosted by Oil Gains The Canadian Dollar is rallying firmly this week. With oil prices pushing on to fresh highs for the year, CAD has been well supported and looks poised for further gains near-term. While the BOC has been on hold recently, the bank continues to stand by its message that further tightening […]

Sep 19
FCA warns against Capital Ex Pro

Unauthorised firm details Name: Capital Ex Pro Address: 1 Canada Square, London, UNITED KINGDOM, E14 5AX Telephone: +442033768573 Mobile: +442033767339 Email: [email protected] Website: https://www.capitalexpro.co/, https://www.capitalexpro.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 […]

Sep 19
FCA warns against Merge Global Assets

Unauthorised firm details Name: Merge Global Assets Address: 240 Blackfriar Road, London, UNITED KINGDOM, SE1 8BF Telephone: 447761286142 Email: [email protected] Website: www.mergeglobalassets.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 […]

Sep 19
Ichimoku Cloud Analysis 19.09.2023 (EURUSD, USDCAD, XAUUSD)

EURUSD, “Euro vs US Dollar” EURUSD has rebounded from the resistance level. The instrument is going below the Ichimoku Cloud, which suggests a downtrend. A test of the lower boundary of the Cloud at 1.0725 is expected, followed by a decline to 1.0545. An additional signal confirming the decline will be a rebound from the […]

Sep 19
Japanese Candlesticks Analysis 19.09.2023 (EURUSD, USDJPY, EURGBP)

EURUSD, “Euro vs US Dollar” EURUSD has formed a Hammer reversal pattern on H4 near the support level. Currently, the instrument is going by the reversal signal in an ascending wave. The pullback target could be the resistance level of 1.0720. However, the price could drop to 1.0625 and continue the downtrend without testing the […]

Sep 19
Daily Market Outlook, September 19, 2023

Daily Market Outlook, September 19, 2023 Munnelly’s Market Commentary…  Asian equity markets mostly traded lower, mirroring the flat performance in the United States. The lack of significant catalysts and mounting caution ahead of upcoming central bank decisions contributed to the subdued market sentiment. The Nikkei 225 underperformed as recent regional losses caught up with the […]

Sep 19
NZDUSD H4 | Rising into 50% Fibo resistance

TitleNZDUSD H4 | Rising into 50% Fibo resistance TypeBearish Reversal Preference:Price is rising towards the pivot point of 0.5937 which is a pullback resistance that aligns with the 50.0% Fibonacci retracement level and could potentially reverse from here; we could see momentum carry price down to its 1st support at 0.58667 which is a pullback […]