Latest Market News
The BTC quotes on Monday are consolidating near 27,949 USD. Nothing happened in the cryptocurrency sector over the last few days. The market remains without a key idea. As one, it could have accepted the licensing of bitcoin ETF or investors massively fleeing from risks in fiat markets. However, nothing has changed yet. To proceed […]
Daily Market Outlook, October 9, 2023 Munnelly’s Market Commentary… Asian equity markets mostly traded lower in quiet markets, with concerns about geopolitical tensions and a surprise multi-front attack by Hamas on Israel weighing on sentiment. The conflict led to a flight to safety, boosting T-note futures and gold prices. Oil prices also surged amid heightened […]
TitleNZDUSD H4 | Rising into resistance TypeBearish Reversal Preference:Price is rising towards the pivot point of 0.59898 which is a pullback resistance level and could potentially reverse from here; we could see momentum carry price down to its 1st support at 0.59334 which is a pullback support level. Alternative scenario:If price breaks above the pivot […]
EURUSD, “Euro vs US Dollar” EURUSD made a corrective movement to 1.0566 and a link of decline to 1.0482. Amid the news, the market performed a rising impulse to 1.0599 and is correcting it today. A link of decline to 1.0522 is not excluded today. After the correction is over, a rising link to 1.0685 […]
The major currency pair is declining on Monday. The current EURUSD exchange rate stands at 1.0550. The global market is escaping risks due to the escalation of a political conflict in the Middle East. Such aggravations primarily boost demand for safe-haven assets, including the US dollar. The statistics released in the US on Friday have […]
TitleEURGBP H4 | Falling to 38.2% Fibo support TypeBullish Bounce Preference: Price is falling towards the pivot point of 0.86333 which is an overlap support that aligns with the 38.2% Fibonacci retracement level and could potentially reverse from here; we could see momentum carry price up to its 1st resistance at 0.86746 which is a […]