Latest Market News

Apr 21
Sugar Futures (SB1! ), H1 Potential for Bearish Continuation

Type: Bearish ContinuationKey Levels:Resistance: 19.85Pivot: 19.59Support: 19.25Preferred Case:Price is near to the key pivot level and it is on a bearish pressure. We see the potential for a bearish continuation from our pivot level of 19.59 which is in line with 50% Fibonacci retracement and 161.8% Fibonacci extension towards our 1st support level of 19.25 […]

Apr 21
Silver Wave Analysis – 21 April, 2022

• Silver falling minor impulse wave 3• Likely to reach support level 24.10 Silver continues to fall inside the minor impulse wave 3, which started earlier from the resistance level 25.8 (previous reversal high from March) – strengthened by the upper daily Bollinger Band. The active impulse wave 3 belongs to the higher-order impulse wave […]

Apr 21
NZDCAD Wave Analysis – 21 April, 2022

• NZDCAD reversed from resistance level 0.8500• Likely to fall to support level 0.8400 NZDCAD currency pair recently reversed down from the resistance level 0.8500 (former monthly strong support from the end of February), strengthened by 61.8% Fibonacci correction of the earlier upward impulse from January. The downward reversal from the resistance level 0.8500 started […]

Apr 21
German banking giant Commerzbank applies for crypto license

A spokesperson for Commerzbank confirmed to local media that it applied for the license with BaFin earlier this year as a first for a major bank in Germany. 4830 Total views 136 Total shares One of the largest banking institutions in Germany has confirmed that it applied for a local crypto license earlier this year, […]

Apr 21
U.S. oil futures end higher, but off the day’s best levels as traders weigh a potential European ban on Russian oil

U.S. oil prices finished with a gain Thursday, finding support from reports that the European Union is working on a plan to phase out oil imports from Russia. U.S. Treasury Secretary Janet Yellen on Thursday said during a press conference that it was essential for the EU to end its dependence on Russian energy, but […]

Apr 21
FCA secures £2,000,000 account forfeiture order

QPay Europe Limited, which claims to be a fintech start up offering due diligence and underwriting services, has consented to a court order to give up £2,000,000 held in its name following proceedings brought by the Financial Conduct Authority (FCA) under the Proceeds of Crime Act in the Westminster Magistrates’ Court. The money was initially […]