Latest Market News

Types of Foreign Exchange Markets Currencies are traded on the foreign exchange market. This the only continuous trading market in the world. In the past the Forex market was dominated only by large banks and institutions and they were trading on behalf of their clients. The last few years it have become more retail oriented […]

• Nasdaq 100 reversed from pivotal support 10650.00 • Likely to rise to resistance level 11585.00 Nasdaq 100 index recently reversed up from the pivotal support 10650.00 (which stopped wave 5 in the middle of October) – standing near the lower daily Bollinger Band. Upward reversal from the key support 10650.00 created the daily candlesticks […]

• EURCAD reversed from key support 1.3280 • Likely to rise to resistance level 1.3520 EURCAD under the bullish pressure after the earlier upward reversal from the key support 1.3280 (former strong resistance from July and August) – standing near the lower daily Bollinger Band. Upward reversal from the key support 1.3280 created the daily […]

Bitcoin broke the level of 21000. Currently, the asset is consolidating. Bitcoin is likely to pull away from the broken level of 21000 and target the level of 22500 next. Having formed a bullish flag, Brent oil has jumped. The asset is about to face resistance at the level of 102.50. Oil might pull back […]

The BTC is correcting after preceding growth, on Monday balancing near 20,723 USD. Earlier the BTC rose to 21,258 USD. The rally – and for the crypto that had long been lingering to a narrow range this was a real rally – was based on rather good labour market statistics from the US. On Friday, […]

The market major starts the new week neutrally. The current quote is 0.9950. The statistics issued in the US on Friday turned out quite ambiguous. The unemployment rate in October grew to 3.7%, while a month ago it was 3.5%. The forecast had suggested growth to 3.6%. The NFP grew by 261 thousand against the […]