Latest Market News
EURUSD, “Euro vs US Dollar” EURUSD is trading at 1.1455; the instrument is moving above Ichimoku Cloud, thus indicating an ascending tendency. The markets could indicate that the price may test Tenkan-Sen and Kijun-Sen at 1.1385 and then resume moving upwards to reach 1.1615. Another signal in favour of a further uptrend will be a […]
Oil prices extended their gains to more than 2% during trading today, Friday, with US crude exceeding the $ 92 barrier, prices to continue their sharp gains, with cold weather spreading in large areas of the United States, which threatens to disrupt oil supplies further. Yesterday, Thursday, oil prices ended their trading with gains of […]
The Pound Fights Back 2022 is really starting to heat up now and as another week draws to a close, its safe to say it’s been a very eventful session in the markets. We’ve seen some interesting moves across the board and plenty of noteworthy developments in the fundamental backdrop. In terms of moves in […]
Credit AgricoleAsia overnightWhile equity markets in North America were rattled by a sell-off in technology stocks following a hawkish turn by the ECB and BoE, strong earnings from Amazon helped bolster market sentiment in Asia. At the time of writing, S&P 500 futures were up by over 1% and Asian bourses were trading mixed in […]
• Facebook broke key support level 245.80 • Likely to fall to support level 220.00 Facebook recently fell sharply breaking through the key support level 245.80 (previous monthly low from September and January). The breakout of the support level 245.80 accelerated the active medium-term downward impulse wave (3). Facebook can be expected to fall further […]
• GBPAUD reversed from key support level 1.8900 • Likely to rise to resistance level 1.9200 GBPAUD currency pair recently reversed up from the key support level 1.8900 (previous monthly high from September and December), intersecting with the 20-day moving average and the 38.2% Fibonacci correction of the upward impulse from December. The upward reversal […]