Latest Market News
EURUSD, “Euro vs US Dollar” The currency pair completed a wave of growth to 1.0360. At the moment, the market is forming a consolidation range under this level. Today we expect an escape downwards to 1.0145, followed by growth to 1.0260 and a decline to 1.0080, from where the wave may continue to 1.0000. GBPUSD, […]
The 4Ms of Trading MARKET Due to its volatile market Forex is affected by an incredibly diverse amount of factors. These market fundamentals are the key pieces to determining when a currency is going to rise in value and when it is going to drop. Trading news is the study of events and economic statistics […]
Investors dumped dollar on Thursday after an unexpected dovish surprise in US inflation and against the backdrop of the easing of covid restrictions in China. Today, the greenback slide continued. Nevertheless, it is still not known how the Fed’s stance has changed after the release of the inflation report, because one month is not enough […]
Brent futures rose by more than 2.5% on Friday after China announced the easing of its COVID Zero strategy. Such a move by the world’s largest oil importer could lead to increased local and international travel and could lift demand for commodities in the country. According to the National Health Commission, China has reduced the […]
Weekly Live Market & Trade Analysis Watch yesterday's live market and trade analysis session here and see how I see how I guided traders ahead of the CPI release, I provided clear technical set ups that played out perfectly! Markets are moving, join me every Thursday for 'Real Time Actionable Analysis' on over 20 charts, […]
BRENT On H4, Brent quotes have broken through the 200-day Moving Average and are now below it, which signifies possible development of a downtrend. The RSI is testing the resistance line. In such circumstances, we should expect a downward breakaway of 6/8 (93.75) and subsequent falling to the support level of 5/8 (90.62). The scenario […]