Latest Market News
Type: Bullish Rise Key Levels:Resistance: 0.77970Pivot: 0.77300Support: 0.76465 Preferred Case:On the H4, with prices moving within an ascending channel and above the ichimoku indicator, we have a bullish bias that price will rise from the pivot at 0.77300 where the overlap support is to the 1st resistance at 0.77970 where the swing high resistance is. […]
Type: Bullish Rise Key Levels:Resistance: 13864Pivot: 13361Support: 12968 Preferred Case:On the H4, with price moving in an ascending trendline, moving above the ichimoku cloud and price recently breaking the descending trendline, we have a bullish bias that price will rise from the pivot at 13138 at the pullback support. If price breaks the intermediate resistance […]
• Natural gas broke resistance level 7.960 • Likely to rise to resistance level 9.000 Natural gas recently broke through the resistance level 7.960 (top of the previous wave (iv) from the middle of June) intersecting with the 61.8% Fibonacci correction of the earlier downward correction (B) from last month. The breakout of the resistance […]
• EURCHF reversed from support area • Likely to rise to resistance level 0.9940 EURCHF currency pair recently reversed up from the support zone located between the pivotal support 0.9820 (which stopped wave 3 in the middle of this month) and the lower daily Bollinger Band. The upward reversal from this support area can form […]
Bitcoin (BTC) enters a new week with a question mark over the fate of the market ahead of another key United States monetary policy decision. After sealing a successful weekly close — its highest since mid-June — BTC/USD is much more cautious as the Federal Reserve prepares to hike benchmark interest rates to fight inflation. […]
U.S. stocks finished mixed Monday, with the Nasdaq Composite slipping ahead of the Federal Reserve’s two-day policy meeting set to begin July 26 amid recession fears. The Dow Jones Industrial Average DJIA, +0.28% gained 0.3% while the S&P 500 SPX, +0.13% edged up 0.1% and the technology-heavy Nasdaq COMP, -0.43% fell 0.4%, according to preliminary […]