Latest Market News

Apr 22
Forex Technical Analysis & Forecast 21.04.2022

EURUSD, “Euro vs US Dollar” EURUSD has finished the correction at 1.0860; right now, it is consolidating below this level. Possibly, the pair may expand the range up to 1.0870 and then start a new decline with the target at 1.0750. GBPUSD, “Great Britain Pound vs US Dollar” Having completed the correctional structure at 1.3070, […]

Apr 22
Murrey Math Lines 21.04.2022 (USDCHF, GOLD)

USDCHF, “US Dollar vs Swiss Franc” As we can see in the H4 chart, USDCHF is trading above the 200-day Moving Average to indicate a possible ascending tendency. In this case, the price is expected to break 4/8 and then continue growing to reach the resistance at 5/8. However, this scenario may be cancelled if […]

Apr 22
Market Spotlight: AUDCAD To Break Lower?

AUDCAD Sitting on Key LevelPrice action in AUDCAD has piqued my interest here. Following the latest failed attempt at breaking out above .9391/.9474, price has since broken through the rising trend line from YTD lows. For now, we are sitting atop support at the .9262 level. However, with the retail market currently around 65% long, […]

Apr 22
Light Crude Oil Futures (CL1!), H1 Potential For Bearish Drop

Type: Bearish DropKey Levels:Resistance: 105.59Pivot: 104.39Support: 100.38Preferred Case:Price is moving nearer to the pivot level. We are expecting the price to potentially reverse off from our pivot level of 104.39 in line with 50% Fibonacci retracement towards our 1st support at 100.38 which is in line with 50% Fibonacci retracement and horizontal swing low support […]

Apr 22
CADCHF Wave Analysis – 21 April, 2022

• CADCHF under strong bullish pressure• Likely to rise to resistance level 0.7700 CADCHF currency pair is under strong bullish pressure after breaking through the major resistance level 0.7500, which has a long history of reversing this pair. The breakout of the resistance level 0.7500 accelerated the active impulse waves 3 and (3) which then […]

Apr 22
Hacker bungles DeFi exploit: Leaves stolen $1M in contract set to self destruct

A hacker apparently so thrilled by a successful theft left behind over $1 million in a smart contract that was set to destruct, permanently ensuring the crypto could never be moved. In a rare comedic bungle among DeFi exploits, an attacker has fumbled their heist at the finish line leaving behind over $1 million in […]