Latest Market News

Apr 25
Market Spotlight: NZDUSD Hits Second Target

NZDUSD Hits Second Target The NZDUSD short trade from .6806, issued ahead of the latest US CPI readings, has now hit its second target at .6596. NZD has come under heavy selling pressure over recent sessions as a reversal lower in risk assets has hit the high-beta currency. With Fed hawkishness and fresh uncertainty around […]

Apr 25
Natural Gas Futures (NG1!), H1 Potential for Bullish Bounce

Type: Bullish BounceKey Levels:Resistance: 6.607Pivot: 6.260Support: 6.013Preferred Case:Price is moving nearer to the pivot level. We are expecting the price to potentially bounce off from our pivot level of 6.260 in line with 61.8% Fibonacci projection and -27.2% Fibonacci expansion towards our 1st resistance level of 6.607 which is in line with 38.2% Fibonacci retracement […]

Apr 25
Dow Jones Wave Analysis – 25 April, 2022

• Dow Jones broke key support level 34130.00• Likely to fall to support level 33000.00 Dow Jones index recently broke through the key support level 34130.00 (which stopped the previous waves a and c) intersecting with the 38.2% Fibonacci correction of wave B from February. The breakout of the support level 34130.00 accelerated the active […]

Apr 25
EURCHF Wave Analysis – 25 April, 2022

• EURCHF reversed from resistance level 1.0356• Likely to fall to support level 1.0200 EURCHF currency pair recently reversed down strongly from the pivotal resistance level 1.0356 (which has been reversing the price from end of December). The downward reversal from the resistance level 1.0356 stopped the earlier impulse waves (i) and (C). Given the […]

Apr 25
Meta will open physical metaverse-themed store in San Francisco Bay Area

The store, which will be located on the company campus in Burlingame, California, will feature a wall-to-wall curved LED screen that displays what users see using Meta VR headsets. 157 Total views 2 Total shares Social media giant Facebook’s parent company, Meta, will be opening a retail store in the San Francisco Peninsula offering hardware […]

Apr 25
Dow on track for biggest intraday bounce since Feb. as it erases 488 point loss

A stock-market selloff took a breather Monday afternoon, with the Dow Jones Industrial Average on track for its biggest intraday bounce back from negative territory since February. The blue-chip gauge tumbled sharply in early trade, falling 487.7 points, or 1.44%, at its session low, before turning higher in afternoon action. The Dow DJIA, +0.38% was […]