Day: September 27, 2023

Sep 27
Gold Prices Fall As Dollar Rally Picks Up

Gold Under Pressure Gold prices have turned sharply lower over the last week against the backdrop of a rising US Dollar. US yields have hit their highest levels since 2007/2008 on the back of the Fed’s recent signals that it expects one further hike this year with rates then expected to stay at higher levels […]

Sep 27
Daily Market Outlook, September 27, 2023

Daily Market Outlook, September 27, 2023 Munnelly’s Market Commentary…  Asian equity markets had a mixed performance, influenced by a rebound in Chinese Industrial Profits that offset the subdued sentiment from Wall Street. Major US indices continued to decline as the month-end approached, lacking significant catalysts. The Nikkei 225 underperformed, briefly slipping below 32,000 before recovering. […]

Sep 27
FCA warns against Trust Wave Bank

Unauthorised firm details Name: Trust Wave Bank Address: Southall, UK Telephone: +14582070645 Website: www.trustwavebank.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 27
FCA warns against kudoscm.com

Unauthorised firm details Name: kudoscm.com Address: 84 Eccleston Square, Pimlico, London, UK Website: www.kudoscm.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 27
FCA warns against FXPRIME

Unauthorised firm details Name: FXPRIME Address: Suite 604, City Avenue Building, Port Saeed Road, Dubai, UNITED ARAB EMIRATES Email: [email protected], [email protected] Website: www.fxbrokerprime.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 […]

Sep 27
FCA warns against FXCRYPTOTRADE

Unauthorised firm details Name: FXCRYPTOTRADE Address: 1613 Fire Access Road, Mcgregor, UNITED STATES OF AMERICA Telephone: +19012059859 Email: [email protected] Website: www.ifxcryptotrade.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 […]

Sep 27
Murrey Math Lines 27.09.2023 (USDJPY, USDCAD)

USDJPY, “US Dollar vs Japanese Yen” USDJPY quotes are above the 200-day Moving Average on H4, indicating a prevailing uptrend. The RSI is approaching the overbought area. In these circumstances, the quotes are expected to test the 8/8 (150.00) level, rebound from it, and drop to the support at 7/8 (148.43). The scenario can be […]

Sep 27
The yen is in a freefall once again. Overview for 27.09.2023

The Japanese yen, paired with the US dollar, remains on a devaluation path. The current exchange rate for USDJPY is 149.03. A meeting between politicians and representatives of the Bank of Japan ended with somewhat vague remarks. The head of the regulator, Kazuo Ueda, emphasised the importance of monitoring any positive changes in the economic […]

Sep 27
USDCAD H4 | Rising into 50% Fibo resistance

TitleUSDCAD H4 | Rising into 50% Fibo resistance TypeBearish Reversal Preference:Price is rising towards the pivot point of 1.35384 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 1.34526 which is a pullback […]

Sep 27
US30USD H4 | Bullish reversal off pivot?

TitleUS30USD H4 | Bullish reversal off pivot? TypeBullish Bounce Preference:Price is hovering above our pivot point at 33650.19, which is a multi-swing low support level. Price could rise towards the 1st resistance level at 33878.76, which is a pullback resistance level and at the 23.6% fibo retracement. Alternative scenario:If price breaks below the pivot point, […]