Latest Market News

ETH price made a clear trend change and aims for the $3,800 level after traders’ anticipation of the upcoming Merge lures the bulls back to the market. 7889 Total views 21 Total shares The week-long uptrend in the cryptocurrency market has begun to awaken bullish crypto investors and the successful March 15 launch of the […]

Shares of Teva Pharmaceutical Industries Ltd. TEVA, +5.51% hiked up 5.0% toward a six-week high in afternoon trading Friday, putting them on track for a ninth-straight gain, after Bernstein analyst Aaron Gal turned bullish on the “long suffering” generic drug maker. The stock, which has suffered yearly declines the past six years, has run up […]

USDCAD, “US Dollar vs Canadian Dollar” As we can see in the H4 chart, after forming an Inverted Hammer reversal pattern close to the support level, USDCAD is reversing and may form a new correctional impulse. In this case, the upside correctional target may be at 1.2575. However, an alternative scenario implies that the asset […]

BRENT As we can see in the H4 chart, Brent is trading above the 200-day Moving Average to indicate an ascending tendency. In this case, the price is expected to test 4/8, break it, and then continue moving upwards to reach the resistance at 5/8. However, this scenario may no longer be valid if the […]

Type: Bearish Reversal Key Levels:Resistance : 1975.7 Pivot: 1965.9 Support : 19938.3 Preferred case: Prices have bounced off a Pivot. We see the potential for further bearish continuation from our Pivot at 112.05 in line graphical overlap and area of Fibonacci confluences towards our 1st support at 1938.3 in line with 50% Fibonacci Retracement. Our […]

GBPNZD Testing Key LevelThe sell off in GBPNZD has seen the pair collapsing by around 8% over the last month, shedding around 1600 pips! The decline has been firmly consistent with price blowing through several key support levels. The pair is now testing major support at the 1.8857 level, having broken through the rising trend […]