Day: October 27, 2023
USDCAD, “US Dollar vs Canadian Dollar” USDCAD has formed a Hanging Man reversal pattern on H4. Currently, the instrument could go by the reversal signal in a descending wave. The pullback target might be 1.3750. Next, the price could rebound from the support level and extend the uptrend. However, the quotes might rise to 1.3880 […]
The main currency pair on Friday keeps balance. The current EURUSD exchange rate stands at 1.0566. The currency market has faced an avalanche of statistics and other information. At the last meeting, the European central bank decided to leave the interest rate at 4.5% per annum. For now, the regulator does not consider softening its […]
ECB Pauses… For Now On the back of ten consecutive rate hikes, the ECB yesterday paused its tightening program, citing the recent drop in inflation as well as underlying weakness in the eurozone economy. The meeting was a relatively muted event, though was perhaps more on the dovish side than some were expecting. Lagarde warned […]
TitleAUDUSD H4 | Rising into 61.8% Fibo resistance TypeBearish Reversal Preference: Price is rising towards the pivot point of 0.63472 which is an overlap resistance that aligns with the 61.8% Fibonacci retracement level and could potentially reverse from here; we could see momentum carry price down to its 1st support at 0.62928 which is a […]
Unauthorised firm details Name: Crypto Wealth Expert / www.cw-expert.co Email: [email protected] Website: https://www.cw-expert.co/#/ 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.
Unauthorised firm details Name: Bitfinex / bitfinex.com Website: bitfinex.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.
GBPUSD, “Great Britain Pound vs US Dollar” GBPUSD is pushing off the lower boundary of the Triangle pattern. The instrument is going below the Ichimoku Cloud, which suggests a downtrend. A test of the lower boundary of the Cloud at 1.2155 is expected, followed by a decline to 1.1915. An additional signal confirming the decline […]
The BTC exchange rate has dropped to 34,173 USD by Friday. This is exactly as expected: the quotes have accounted for all the existing drivers, and new ones have not come. That is why the market stopped. The market looks ready to develop the scenario with a correction to 29,500 USD. After BTC reaches this […]
Safe-Haven Demand Supporting Gold Gold prices are on track to end the week higher once again as ongoing uncertainty around the conflict in the Middle East keeps safe-haven demand well-primed. News that Israel launched its largest ground offensive into Gaza to date, overnight, is keeping geo-political risk-premium at highs ahead of the weekend. With traders […]
TitleEURUSD H4 | Reacting off 38.2%? TypeBullish Breakout Preference:The price is rising toward our pivot point of 1.05845, which serves as a pullback resistance level aligning with the 38.2% Fibonacci. A reversal from this point could lead to a price drop to the 1st support at 1.05257, an overlapping support level. Alternative scenario:However, if the […]