Latest Market News

EURUSD, “Euro vs US Dollar” On H4, at the resistance level, the pair has formed a Hanging Man reversal pattern. The pair may now go by the signal in a correctional wave. The goal of the pullback might be 1.0800. However, the pair may grow to 1.0930, break through it, and continue the uptrend without […]

Type: Bearish continuation Key Levels:Resistance:26555Pivot:25960Support:25610 Preferred Case:Looking at the H4 chart, my overall bias for NKD1! is bearish due to the current price being below the Ichimoku cloud, indicating a bearish market. If this bearish momentum continues, expect price to continue heading towards the support at 25610, where the previous swing low is. Alternative Scenario:Price […]

Muted Start For Metals on Back Of Last Week’s Gains  The metals market is seeing a more tempered start to the week with both gold and silver futures under mild selling pressure across early European trading on Monday. Both metals saw decent buying last week though gold came off as the clear winner, gaining almost […]

How Hard Is It To Learn Forex? Forex, also known as foreign exchange or FX trading, is the buying and selling of one currency in exchange for another. It is one of the largest and most liquid financial markets in the world. To learn Forex trading can be challenging, as it involves understanding complex financial […]

EURUSD, “Euro vs US Dollar” The currency pair has reached the main goal of the wave of growth at 1.0871. Today a wave of decline to 1.0700 may begin. Then growth to 1.0800 and a decline to 1.0660 may follow, from where the trend might continue to 1.0480. GBPUSD, “Great Britain Pound vs US Dollar” […]

GBPUSD, “Great Britain Pound vs US Dollar” The currency pair is testing the upper border of the bullish channel. The instrument is going above the Ichimoku Cloud, which implies an uptrend. A test of the Kijun-Sen line is expected at 1.2175, followed by growth to 1.2365. An additional signal confirming the growth will be a […]