Latest Market News

TitleEURUSD H4 | Finding support at recent swing-low TypeBullish Bounce Preference:Price is approaching the pivot point of 1.08235 and could potentially reverse from here, we could see momentum carry price up to its 1st resistance of 1.08985. Alternative scenario:If price breaks below the pivot point, it could hit the 1st support of 1.07911. To discuss […]

EURUSD, “Euro vs US Dollar” The currency pair has completed a wave of decline to 1.0810. Today the market is forming a wave of correction to 1.0849. After the correction is over, the pair might develop a wave of decline to 1.0795, from where the trend could continue to 1.0755. GBPUSD, “Great Britain Pound vs […]

USDCHF, “US Dollar vs Swiss Franc” USDCHF has broken the 200-day Moving Average and rests above it, which indicates a possible development of an uptrend. The RSI has rebounded from the support line. In this situation, a breakout of 4/8 (0.9033) is expected, followed by growth to the resistance level of 5/8 (0.9094). The scenario […]

Is ETH About to Move Higher? Crypto watchers, ETH traders in particular, are getting excited today over news that a major ETH whale has become active in the market again. According to data from industry site lookonchain, a major ETH investor who was part of the ETH genesis ICO has made their first transaction in […]

TitleUSDJPY H4 | React off 1st resistance TypeBearish Reversal Preference: Price has just reacted off our pivot of 137.763 which is a multi-swing high resistance. A reverse from here, price could fall to 1st support at 136.265 which is an overlap support that aligns with a 38.2% Fibonacci retracement. Alternative scenario:However, if price breaks above […]

BRENT Brent has left the borders of the descending channel. The instrument is going above the Ichimoku Cloud, which suggests an uptrend. A test of the upper border of the Cloud at 75.05 is expected, followed by a rise to 80.36. An additional signal confirming the rise will be a rebound from the upper border […]