Latest Market News

Feb 05
AUDUSD, H4 | Potential For Upside

Type: Bullish BounceKey Levels:Resistance: 0.72269Pivot: 0.71115Support: 0.70865Preferred Case:Prices are on bullish momentum. We see the potential for a bounce from our Pivot at 0.71115 in line with 23.6% Fibonacci retracement towards our 1st resistance at 0.72269 in line with 78.6% Fibonacci extension. Prices are trading above Ichimoku, further supporting our bullish bias.Alternative Scenario:Alternatively, prices may […]

Feb 05
AUDJPY H4 | Bullish Bounce!

Type: Bullish BounceKey Levels:Resistance: 83.739Pivot: 82.121Support: 81.403Preferred Case:Prices are on bullish momentum. We see the potential for a bounce from our Pivot at 82.121 in line with 38.2% Fibonacci retracement towards our 1st resistance at 83.739 in line with 61.8% Fibonacci extension and 200% Fibonacci Projection. Prices are trading above our ichimoku cloud support further […]

Feb 05
EURNZD Wave Analysis – 4 February, 2022

• EURNZD broke key resistance level 1.7150 • Likely to rise to resistance level 1.7500 EURNZD currency pair continues to rise sharply after breaking the key resistance level 1.7150 (previous multi-month high from the middle of last August). The breakout of the resistance level 1.7150 accelerated the active intermediate impulse wave (5). EURNZD currency pair […]

Feb 05
Ted Cruz buys the Bitcoin dip

Texas Senator who talks a big game actually has something to show for it. 1398 Total views 37 Total shares Rafael ‘Ted’ Cruz, the junior Republican senator from Texas, is putting his money where his mouth is. According to a financial disclosure filed on Friday 4th Feb, Cruz bought between $15k and $50k worth of […]

Feb 05
Fed names Powell as 'chair pro tempore,' allowing him to continue in post awaiting Senate vote

Published: Feb. 4, 2022 at 3:00 p.m. ET The Federal Reserve said Friday that its board has voted to name Jerome Powell as “chair pro tempore” to allow him to continue to lead the central bank even though his official term has expired. The Senate is expected to vote in mid-February on President Joe Biden’s […]

Feb 05
Myanmar’s military government considers launching digital currency: Report

Major General Zaw Min Tun said rolling out a digital currency would “help improve financial activities in Myanmar.” 376 Total views 33 Total shares The armed forces of Myanmar, which have been in control of the government since forcibly detaining many elected leaders in 2021, is reportedly planning to release a digital currency to help […]