Latest Market News
Your career at FCNB is enriched with daily opportunities to learn, innovate, and grow professionally in a supportive, stimulating, and flexible workplace. We offer a competitive total compensation package and exciting opportunities for professional development. We support our employees in maintaining their professional designations and provide technical updates on a continual basis for many of […]
It may be all quiet on Monday in the absence of Wall Street, but Bitcoin markets might not stay that way for long. 4406 Total views 46 Total shares Bitcoin (BTC) hovered near $43,000 on Jan. 17 as “boring” price action combined with signs that the market could be stabilizing. BTC/USD 1-hour candle chart (Bitstamp). […]
XAUUSD, “Gold vs US Dollar” As we can see in the daily chart, XAUUSD is forming another rising wave within the uptrend after convergence on MACD; the previous wave has tested 50.0% fibo. In this case, the pair is expected to continue the uptrend to reach 61.8% and 76.0% fibo at 1908.00 and 1969.50 respectively. […]
EURUSD, “Euro vs US Dollar” Having finished the descending structure and reached the short-term target at 1.1414, EURUSD is expected to continue the correction to reach 1.1390. Possibly, today the pair may return to test 1.1436 from below and then complete the correction by falling towards 1.1390. Later, the market may resume trading upwards with […]
TheDollar managed to gain a foothold after touching 100-day SMA on Friday, but onMonday the recovery was difficult – the dollar index dangled near the week’s opening:Sellershave broken the uptrend that has lasted since June 2021, so ongoing correctionmay take place in several stages. The main resistance in the index, where awave of sales may […]
GBJPY In Holding PatternGBPJPY price action is starting to look very interesting here. Price is has been sitting in a tight range just under the 157.88 highs over the last week. While there are clear double-top risks, given the strength of the recent rally, and with the retail market still overwhelmingly short here, I’m looking […]