Day: October 9, 2023

Oct 09
Technical Analysis & Forecast 09.10.2023

EURUSD, “Euro vs US Dollar” EURUSD made a corrective movement to 1.0566 and a link of decline to 1.0482. Amid the news, the market performed a rising impulse to 1.0599 and is correcting it today. A link of decline to 1.0522 is not excluded today. After the correction is over, a rising link to 1.0685 […]

Oct 09
The euro slides down. Overview for 09.10.2023

The major currency pair is declining on Monday. The current EURUSD exchange rate stands at 1.0550. The global market is escaping risks due to the escalation of a political conflict in the Middle East. Such aggravations primarily boost demand for safe-haven assets, including the US dollar. The statistics released in the US on Friday have […]

Oct 09
EURGBP H4 | Falling to 38.2% Fibo support

TitleEURGBP H4 | Falling to 38.2% Fibo support TypeBullish Bounce Preference: Price is falling towards the pivot point of 0.86333 which is an overlap support that aligns with the 38.2% Fibonacci retracement level and could potentially reverse from here; we could see momentum carry price up to its 1st resistance at 0.86746 which is a […]

Oct 09
Middle East Crisis Spurs Market Volatility and Drives Oil Prices Higher

Stock markets in Asia and Europe experienced a decline on Monday, while gold prices rose and the dollar resumed its upward movement towards local highs amid a sharp escalation of tensions in Israel. The markets also took into account past experiences of conflicts in the Middle East, which, in one instance, led to a recession […]

Oct 09
FCA warns against MEGAFXSWIFTTRADE

Unauthorised firm details Name: MEGAFXSWIFTTRADE Address: 3238 Doctors Drive, Los Angeles, CA, UNITED STATES OF AMERICA, 90017 Email: [email protected] Website: www.megafxswifttrade.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 […]

Oct 09
FCA warns against Boxchain FX – boxchainfx.net

Unauthorised firm details Name: Boxchain FX – boxchainfx.net Address: 145-149 Kilmarnock Rd, Shawlands, Glasgow, UNITED KINGDOM, G41 3JA Email: [email protected] Website: https://www.boxchainfx.net 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 […]

Oct 09
FCA warns against GIANTTECH GLOBAL

Unauthorised firm details Name: GIANTTECH GLOBAL Address: 32 Woodstock Grove, Shepherds Bush, W12 8LE Telephone: +359876112340 Email: [email protected] Website: https://giant-techglobal.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 […]

Oct 09
Ichimoku Cloud Analysis 09.10.2023 (EURUSD, USDJPY, XAUUSD)

EURUSD, “Euro vs US Dollar” EURUSD is testing the signal lines of the indicator. The instrument is going below the Ichimoku Cloud, which suggests a downtrend. A test of the upper boundary of the Cloud at 1.0540 is expected, followed by a decline to 1.0375. An additional signal confirming the decline will be a rebound […]

Oct 09
Japanese Candlesticks Analysis 09.10.2023 (EURUSD, USDJPY, EURGBP)

EURUSD, “Euro vs US Dollar” EURUSD has formed a Shooting Star reversal pattern near the resistance level on H4. Currently, the instrument is going by the reversal signal in a descending wave. The decline target could be the support level of 1.0480. However, the price might correct to 1.0610 and continue the downtrend upon testing […]

Oct 09
XAUUSD H4 | 38.2% Fibo resistance overhead

TitleXAUUSD H4 | 38.2% Fibo resistance overhead TypeBearish Reversal Preference:Price is rising towards the pivot point of 1861.675 which is a pullback resistance that aligns with the 38.2% Fibonacci retracement level and could potentially reverse from here; we could see momentum carry price down to its 1st support at 1828.484 which is a pullback support […]