Latest Market News

May 20
Listening up to level up – regulating finance for the whole of the UK

Speech by Charles Randell, Chair of the FCA and PSR, at the Centre for Commercial Law Studies, Queen Mary University of London. Speaker: Charles Randell, ChairEvent: Centre for Commercial Law Studies, Queen Mary University of LondonDelivered: 20 May 2022Note: this is the speech as drafted and may differ from the delivered version Highlights: The consumer’s […]

May 20
The cryptocurrency market digest (BTC, ETH). Overview for 20.05.2022

The BTC remains as volatile as before. on Friday, the major currency is trading at $30,046 but there are a lot of doubts about whether the BTC may break it and fix above. There is nothing new here. As long as market players continue selling stocks in the US stock market, which plunged in the […]

May 20
The Euro managed to correct. Overview for 20.05.2022

EURUSD got rid of the pressure and intends to rise.  The major currency pair is fixing within a “flat” on Friday. The current quote for the instrument is 1.0568. It seems like the comments about European inflation don’t scare anyone anymore. The ECB vice president Luis de Guindos said yesterday that the CPI would remain […]

May 20
Gold prices rise and are heading for the first gains in 5 weeks

Gold prices rose during trading on Friday, with the metal heading towards recording its first weekly gain in 5 weeks. The precious metal benefited from the US dollar’s retreat from the threshold of its highest levels in two decades, in addition to the exacerbation of concern about the growth of the US economy. And gold […]

May 20
USDJPY, H4 | Potential Bearish Continuation

Type: Bearish ReversalKey Levels:Resistance: 128.86Pivot: 128.088Support: 127.162Preferred Case:On the H4, with price moving below the Ichimoku cloud, we have a bearish bias that prices will drop to our 1st support at 127.162 where our horizontal swing low support is at from our pivot at 128.088 in line with horizontal overlap resistance and 38.2% Fibonacci retracement.Alternative […]

May 20
GBPUSD, H4 | Potential Bullish Continuation

Type: Bullish BounceKey Levels:Resistance: 1.25452Pivot: 1.23939Support: 1.23312Preferred Case:On the H4, with prices moving above the Ichimoku indicator, we have a bullish bias that price will rise from our pivot at 1.23939 where the horizontal overlap support is to our 1st resistance at 1.25452 in line with the 61.8% Fibonacci projection.Alternative Scenario:Alternatively, price may break pivot […]