Latest Market News

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 will be 1.3635; later the price may break through the resistance level and extend the uptrend. Still, […]

Forex Trading Tips To Avoid Mistakes The Forex industry is one of the challenging industries and unforgiving ones not only to beginner traders but also to experienced ones too. That is why having a trading plan is essential part for any trader. Below we are mentioning some Forex trading tips to consider in your strategy. […]

On Thursday, the market major looks neutral. The current quote is 1.0030. Investors in global markets lost some of their optimism, and this inevitably impacted their attitude to risk, making them drop some of the corresponding assets. The EUR also lost some energy. The news is neutral on the verge of the key publication of […]

The British pound against the US dollar has recovered. The current quote is 1.1400. GBP rate remains quite volatile, while investors are engaged with the news. At the same time, it must be admitted that after Rishi Sunak was appointed Prime Minister, political disturbance subsided. However, there are questions to the economy and monetary policy. […]

• WTI reversed from resistance 92.25 • Likely to fall to support level 82.90 WTI crude oil recently reversed down from the pivotal resistance 92.25 (previous monthly high and top of wave A from October) – intersecting with the upper daily Bollinger Band and the 38.2% Fibonacci correction of the downward impulse from June. The […]

• AUDUSD reversed from resistance 0.6515 • Likely to fall to support level 0.6300 AUDUSD currency pair recently reversed down from the key resistance 0.6515 (which has been reversing the pair from the end of September) – standing near the upper daily Bollinger Band and the 38.2% Fibonacci correction of the downward impulse from August. […]