Latest Market News
Gold futures finished slightly lower on Monday, following last week’s modest rise. The precious metal found support Friday on the back of softer U.S. yields. Those softer U.S. yields could “play in favor” of gold if the market sees a material pullback in Federal Reserve interest-rate hike expectations, but that view “is data dependent,” said Ipek Ozkardeskaya, senior […]
• USDJPY reversed from support level 145.75 • Likely to rise to resistance level 151.85 USDJPY currency pair recently reversed up from the support level 145.75 (former monthly high from September). The support level 145.75 was strengthened by the support trendline of the daily up channel from August and by the 50% Fibonacci correction of […]
• NZDUSD reversed from resistance level 0.5785 • Likely to fall to support level 0.5600 NZDUSD recently reversed down from the resistance level 0.5785 (top of the previous wave (iv) from the start of October). The resistance level 0.5785 was further strengthened by the upper daily Bollinger Band and by the 38.2% Fibonacci correction of […]
Oil futures settled lower on Monday, as lackluster import data from China and the conclusion of the Communist party’s national congress helped to dull expectations for energy demand from the world’s second largest oil consumer. U.S. benchmark West Texas Intermediate crude for December delivery CLZ22, -0.28% fell 47 cents, or nearly 0.6%, to settle at […]
FTX founder Sam Bankman-Fried said the exchange won’t be “making a habit of compensating” users that are “phished by fake versions of other companies.” 3095 Total views 47 Total shares Cryptocurrency exchange FTX will provide around $6 million in compensation to victims of a phishing scam that allowed hackers to conduct unauthorized trades on certain […]
NZDUSD, “New Zealand Dollar vs US Dollar” The pair us pushing off the resistance level, going under the Ichimoku Cloud, which means it is in an uptrend. A test of the signal lines of the indicator at 0.5715 is expected, followed by growth to 0.5925. An additional signal confirming the growth will be a bounce […]