Day: October 17, 2023

Oct 17
Japanese Candlesticks Analysis 17.10.2023 (EURUSD, USDJPY, EURGBP)

EURUSD, “Euro vs US Dollar” EURUSD has formed a Harami reversal pattern near the resistance level on H4. Currently, the instrument is going by the reversal signal in a descending wave. The decline target might be the support level at 1.0465. However, the price could correct to 1.0580 and continue the downtrend after the correction […]

Oct 17
Murrey Math Lines 17.10.2023 (AUDUSD, NZDUSD)

AUDUSD, “Australian Dollar vs US Dollar” AUDUSD quotes are below the 200-day Moving Average on H4, indicating the prevalence of a downtrend. The RSI is testing the resistance line. In this situation, a downward breakout of 4/8 (0.6347) is expected, from where the price might drop to the support at 2/8 (0.6286). The scenario can […]

Oct 17
Daily Market Outlook, October 17, 2023

Daily Market Outlook, October 17, 2023 Munnelly’s Market Commentary…  Asia – Asian stocks rebounded from yesterday’s losses, following the US market’s recovery. Japan’s Nikkei-225 index rose by 1%, while other regional markets also gained. The Israel-Hamas conflict remains tense, but diplomatic efforts are underway to prevent further escalation. US President Biden will visit Israel tomorrow. […]

Oct 17
FCA warns against Cryptocoin Mining FXT Investment Company

Unauthorised firm details Name: Cryptocoin Mining FXT Investment Company Address: PRESTON COURT, BURTON LATIMER, NN15 5LR, NN15 5LR Mobile: 07403486227 Email: [email protected] Website: https://cryptomfxt.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 […]

Oct 17
FCA warns against Goldmore Asset Management

Unauthorised firm details Name: Goldmore Asset Management Telephone: 02071268381 Other Information: Please note that this entity has no association whatsoever with the UK registered company Goldmore Asset Management Limited (company number: 07929015). The unauthorised firm is falsely claiming the name, registered number and address of the genuine UK registered company. The genuine company does not […]

Oct 17
FCA warns against Quantixus Limited

Unauthorised firm details Name: Quantixus Limited Address: The Shard, 32 London Bridge St, London, SE1 9SG Email: [email protected] Website: https://quantixus.com/ Other Information: Telegram @quantixus @quantixuslimited 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 […]

Oct 17
FCA warns against Crystaltradeinvestment

Unauthorised firm details Name: Crystaltradeinvestment Address: HILL HOUSE, HIGHGATE HILL, LONDON, N19 5TE Email: [email protected] Website: https://www.crystaltradeinvestment.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 business or individual, so the […]

Oct 17
The market is concerned about JPY. Overview for 17.10.2023

The Japanese yen paired with the US dollar is currently undergoing a phase of consolidation near the psychologically significant level. The current USDJPY exchange rate stands at 149.55. Investors continue to monitor the developments in USDJPY with considerable anxiety. The pair is still very close to the 150.00 yen level, around which interventions to bolster […]

Oct 17
Technical Analysis & Forecast 17.10.2023

EURUSD, “Euro vs US Dollar” EURUSD has completed a correction wave to 1.0562. Today the market continues developing a declining wave to 1.0502. Breaking this level downwards, the potential for a wave down to 1.0444 could open. After the price reaches this level, a correction to 1.0502 (with a test from below) looks possible. GBPUSD, […]

Oct 17
EURUSD H4 | Falling to support level?

TitleEURUSD H4 | Falling to support level? TypeBearish Reversal Preference: Price has just reacted off our pivot point of 1.05591, which serves as an overlap resistance level. A reversal from this point could lead the price to drop to the 1st support at 1.0494, a multi-swing low support level. Alternative scenario: However, if the price […]