Latest Market News
NZDUSD, “New Zealand Dollar vs US Dollar” NZDUSD is trading at 0.6648; the instrument is moving inside Ichimoku Cloud, thus indicating a sideways tendency. The markets could indicate that the price may test the cloud’s upside border at 0.6665 and then resume moving downwards to reach 0.6460. Another signal in favour of a further downtrend […]
Type: Bearish ContinuationKey Levels:Resistance: 15067Pivot: 14514Support: 14086Preferred Case:With price moving below the Ichimoku cloud, we are biased that price retest at our pivot of 14514 in line with the 78.6% Fibonacci retracement and horizontal overlap resistance and dip to our 1st support at 14086 in line with the horizontal swing low support.Alternative Scenario:Alternatively, price could […]
Type: Bearish ContinuationKey Levels:Resistance: 153’02Pivot: 151’15Support: 150’05Preferred Case::With price moving below the Ichimoku cloud, we are biased that price retest at our pivot of 151’15 in line with the 38.2% Fibonacci retracement and horizontal overlap resistance and dip to our 1st support at 150’05 in line with the horizontal swing low support and 127.2% Fibonacci […]
• GBPUSD reversed from support zone • Likely to rise to resistance level 1.3645 GBPUSD recently reversed up from the support area set between the pivotal support level 1.3500 (which has been reversing the price from the start of February) and the 50% Fibonacci correction of the previous upward correction from January. The upward reversal […]
• Gold reversed from support zone • Likely to rise to resistance level 1875.00 Gold recently reversed up from the support zone located between the key support level 1850.00 (previous resistance from January) and the 50% Fibonacci correction of the previous sharp upward impulse from last week. The upward reversal from this support zone continues […]
Ripple’s court battle with the United States Securities and Exchange Commission has recently seen new developments that, according to some observers, could foreshadow an impending resolution of this massively consequential case. Feb. 17 marks the deadline for Ripple to unseal a series of 2012 documents whose contents will likely sway the opinions of both the […]