Latest Market News
Should You Trade Forex or Shouldn’t? Forex trading which is often though as an easy way to make money, is very tempting but in reality it is very difficult. The Forex market is the largest and most liquid market in the world, however Forex trading has its disadvantages due to its high liquidity and high […]
Type: Bullish Rise Key Levels:Resistance:700.00Pivot:651.25Support:638.25 Preferred Case:Looking at the H4 chart, my overall bias for ZC1! is bullish due to the current price being above the Ichimoku cloud, indicating a bullish market. If this bullish momentum continues, expect price to possibly head towards the resistance at 700.00, where the previous swing high is. Alternative Scenario:Price […]
Type: Bullish Rise Key Levels:Resistance: 2671Pivot: 2570Support: 2470 Preferred Case:Looking at the H4 chart, my overall bias for CC1! is bullish due to the current price above the Ichimoku cloud, indicating a bullish market structure. If this bullish momentum continues, expect price to head back up towards the resistance at 2671, where the previous swing […]
Type: Bearish Drop Key Levels:Resistance: 4049.00Pivot: 3914.00 Support:3757.50 Preferred Case:Looking at the H4 chart, my overall bias for SPX is bearish due to the current price crossing below the Ichimoku cloud , indicating a bearish market. If this bearish momentum continues, expect price to continue heading towards the support at 3757.50, where the 161.8% Fibonacci […]
Why Avoid Brokers from St Vincent & The Grenadines The St. Vincent and the Grenadines Financial Services Authority (SVG FSA) was founded in November 2012, seven years ago, with the goal of fostering integrated operations while also developing, regulating, and supervising St. Vincent and the Grenadines as a secure and competitive financial center in the […]
The Japanese yen against the US dollar has accumulated some strength but will soon slide back down without support. The current quote is 132.48. On Friday, the BoJ announced the third in a row unscheduled bond purchase. The regulator is going to buy an unlimited number of 2-year bonds with 0.04% yield and 5-year bonds […]