Latest Market News
TitleAUDUSD H4 | Potential Bullish Reversal TypeBullish Bounce Preference:The price has bounced back from the pivot point at 0.66373, which is a swing low support level that aligns with an ascending trendline and the 61.8% Fibonacci retracement level. If the price keeps climbing, it has the potential to hit 1st resistance level of 0.67222. Alternative […]
8 Steps Before You Start Trading Checklist Do you know that is important to have a stock trading checklist before making any trades? It is crucial to have a comprehensive checklist before entering into any trades, as it enables traders to maintain discipline, adhere to the trading plan, and enhance their confidence. It’s important to keep […]
Dive into the complexities behind Deutsche Bank’s share price fluctuations and the impact of the CDS blow-out on the bank’s financial standing, while exploring the possible implications for investors and the global financial market. 1. Introduction: Deutsche Bank’s Share Price Fluctuations The recent volatility of Deutsche Bank’s share prices, particularly in the aftermath of a […]
TitleXAUUSD H4 | Continue to 1st support TypeBearish Reversal Preference:Update on Gold: XAUUSD is still in our pivot zone. Additionally, we are seeing that the price may be forming a double top pattern and there is a doji candlestick. We expect that the price could drop to our first support level, which is an overlap […]
On Friday, the British pound against the US dollar is stable. The current quote is 1.2284. At the March meeting, the Bank of England lifted the interest rate by 25 base points from 4.00% to 4.25% per annum. In the comments, the regulator voiced its readiness to lift the rate again if the inflation pressure […]
TitleNASDAQ, D1 | Potential bearish reversal TypeBearish Reversal Preference:Price is approaching our pivot of 12978.69 and reverse from this level, we could see momentum move price down to its 1st support of 11669.23. Alternative scenario:If price breaks above the pivot level, it could hit the 1st resistance of 13724.95. To discuss this trading idea, head […]