Latest Market News

Jun 08
OECD cuts global growth outlook to 3%

The Organization for Economic Cooperation and Development cut its global growth forecast to 3% in 2022, from 4.5% previously, as it forecast 2023 growth to slow further to 2.8%. The OECD’s revised projection is a touch ahead of the World Bank’s 2.9% growth estimate that was released Tuesday. “The invasion of Ukraine, along with shutdowns […]

Jun 08
Japanese Candlesticks Analysis 08.06.2022 (EURUSD, USDJPY, EURGBP)

EURUSD, “Euro vs US Dollar” As we can see in the H4 chart, the asset has formed an Engulfing reversal pattern close to the support area. At the moment, EURUSD may reverse in the form of a new ascending impulse. In this case, the upside target may be at 1.0840. However, an alternative scenario implies […]

Jun 08
Ichimoku Cloud Analysis 08.06.2022 (USDCAD, EURUSD, AUDUSD)

USDCAD, “US Dollar vs Canadian Dollar” USDCAD is rebounding from Tenkan-Sen and Kijun-Sen. The instrument is currently moving below Ichimoku Cloud, thus indicating a descending tendency. The markets could indicate that the price may test the cloud’s downside border at 1.2595 and then resume moving downwards to reach 1.2275. Another signal in favour of a […]

Jun 08
COPPER1!, H4 Potential For Bullish Continuation

Type: Bullish RiseKey Levels:Resistance: 821.05Pivot: 790.95Support: 772.10Preferred Case:On the H4, with price moving above the ichimoku cloud and within the ascending trend channel, we have a bullish bias that price will rise from our pivot at 790.95 in line with the 23.6% fibonacci retracement and 61.8% fibonacci projection to the 1st resistance at 821.05 in […]

Jun 08
NIKKEI, H4 Potential For Bullish Continuation

Type: Bullish RiseKey Levels:Resistance: 28350Pivot: 27810Support: 27550Preferred Case:On the H4, with price moving above the ichimoku cloud , we have a bullish bias that price will rise from our pivot at 27810 at the overlap support to the 1st resistance at 28350 in line with the 127.2% fibonacci expansion and swing high.Alternative Scenario:Price may also […]

Jun 08
Beer, gambling and crypto: Budweiser races into Zed Run’s NFT games

The duo will launch a Budweiser-themed race track, Budweiser NFT passes, racing prize pools starting at $45,000 and three tiers of airdropped Clydesdale NFT skins that are usable in Zed Run. 1055 Total views 29 Total shares Popular beer manufacturer Budweiser has teamed up with Zed Run to deploy tokenized Clydesdale draught horses in its […]