Latest Market News
USDCHF, “US Dollar vs Swiss Franc” On H4, the quotes are under the 200-day Moving Average, revealing the presence of a downtrend. The RSI has rebounded from the resistance line. In this situation, a test of 1/8 (0.8911) should be expected, followed by a downward breakout and a decline to the support at 0/8 (0.8789). […]
Goldman Earnings Up Next Following on from JP Morgan and Citi’s bumper Q1 earnings calls last week, traders now turn their attention to Goldman Sachs which is due to report today. On the numbers front, the market is looking for EPS of $8.14 on revenues of $12.762 billion. These forecasts mark a solid uptick on […]
EURUSD, “Euro vs US Dollar” EURUSD is pushing off the support level. The instrument is going inside the Ichimoku Cloud, which suggests a flat. A test of the lower border of the Cloud at 1.0945 is expected, followed by growth to 1.1165. A signal confirming the growth will be a rebound from the lower border […]
USDCAD, “US Dollar vs Canadian Dollar” On H4, the pair has formed a Hammer reversal pattern. The instrument is now going by the reversal signal in an ascending wave. The target for the correction could be 1.3520. Then the price could rebound from this level and continue the downtrend. However, it may still drop to […]
The FTSE Finish Line – April 19 – 2023 FTSE 100 Inflation Data Dents Risk Sentiment The FTSE 100 winning streak looks set to end at the close of trade today, the driver for the downbeat mood amongst UK investors has principally derived from another surprise in UK inflation data, coming on the heels of […]
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