Latest Market News

HBR Rising Shares in FTSE 250 listed Harbour Energy PLC are among the biggest gainers on the index today. HBR shares are up nearly 3% from the European open with the stock boosted by the general uptick in risk appetite we’re seeing so far this year. The company which is the largest UK-listed independent oil […]

IAG Up on The Year Shares in British Airways parent company International Consolidated Airlines Group are seeing a mild pullback on Tuesday. IAG stock has been one of the best performers so far in 2023, rising over 11% from the January open. With shares now sitting just off yesterday’s highs, the current price might be […]

AUDUSD, “Australian Dollar vs US Dollar” On H4, the quotes are in the overbought area. The RSI has bounced off 70. In such circumstances, we should expect a downward breakaway of +1/8 (0.6897) and subsequent falling to the support level of 7/8 (0.6774). The scenario can be cancelled by rising over the resistance level of […]

USDCAD, “US Dollar vs Canadian Dollar” On H4, at the support level, the pair has formed an Inverted Hammer reversal pattern. Currently, the pair is going by the signal in an ascending wave. The goal of the growth may be 1.3445; later the price may break through the resistance level and extend the correction. However, […]

EURUSD, “Euro vs US Dollar” The currency pair completed a wave of growth to 1.0759. Today the market is correcting this wave to 1.0710. After the correction is over, the pair may grow to 1.0767. Then it may correct to 1.0625 (a test from above) and grow to 1.0787. GBPUSD, “Great Britain Pound vs US […]

GBPUSD, “Great Britain Pound vs US Dollar” The currency pair 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 1.2010 is expected, followed by growth to 1.2425. An additional signal confirming the growth will […]