Latest Market News

Mar 02
Ichimoku Cloud Analysis 02.03.2022 (EURJPY, XAGUSD, AUDUSD)

EURJPY, “Euro vs Japanese Yen” EURJPY is trading at 127.79; the instrument is moving below Ichimoku Cloud, thus indicating a descending tendency. The markets could indicate that the price may test Tenkan-Sen and Kijun-Sen at 128.75 and then resume moving downwards to reach 125.25. Another signal in favour of a further downtrend will be a […]

Mar 02
Is a Bearish Pullback in Oil Overdue? Or Does it Need a Breakthrough in Russia-Ukraine Talks?

The echo of the Ukraine conflict and its sanction repercussions are heard more and more loudly in the global asset markets. As Russian trade ties with European countries are much stronger than, for example, with the United States, European assets and currencies are first on the line to feel the blow. On Wednesday, we saw […]

Mar 02
Market Spotlight: Trading Today's BOC Meeting

TheBOC interest rate decision today comes at a time when CAD is already on themarch due to higher oil prices. With the market expecting the BOC to lift ratesby a further .25%, along with signalling further rate hikes to come, CAD lookswell poised to advance further over the rest of the week. Aside from the […]

Mar 02
WTI Wave Analysis – 2 March, 2022

• WTI broke resistance zone• Likely to rise to resistance level 110.00 WTI crude oil recently broke the resistance zone lying between the powerful round resistance level 100.00 and the resistance trendline of of the daily up channel from the middle of December. The breakout of this resistance zone accelerated the active short-term impulse wave […]

Mar 02
USDCAD Wave Analysis – 2 March, 2022

• USDCAD reversed from key resistnace level 1.2800• Likely to fall to support level 1.2645 USDCAD currency pair recently reversed down from the key resistance level 1.2800 (which has been reversing the pair from the start of January). The resistance zone near the resistance level 1.2800 was strengthened by the upper daily Bollinger Band and […]

Mar 02
Aussie advisory committee lists key factors for easing crypto adoption

The federal advisory suggests exploring four key areas to support a safer adoption for crypto in Australia and dampen cybersecurity threats. 1310 Total views 40 Total shares The Cyber Security Industry Advisory Committee, the Australian cybersecurity advisor, highlights various crypto-related opportunities for the government to undertake as it prepares for the global mainstreaming of cryptocurrencies. […]