Latest Market News

Sep 11
FCA warns against QUMAXCOFXS

Unauthorised firm details Name: QUMAXCOFXS Address: 586 Alexander Road, London, UNITED KINGDOM, WC41 9NG Email: [email protected] Website: www.qumaxcofxs.com Some firms may give incorrect contact details including postal addresses, telephone numbers and email addresses. They may change these contact details over time. They may also give you details that belong to another business or individual, so […]

Sep 11
Japanese Candlesticks Analysis 11.09.2023 (EURUSD, USDJPY, EURGBP)

EURUSD, “Euro vs US Dollar” EURUSD has formed a Hammer reversal pattern near the support level on H4. Currently, the instrument is going by the reversal signal in an ascending wave. The pullback target could be the resistance level of 1.0760. However, the price might drop to 1.0680 and continue the downtrend without any correction. […]

Sep 11
Technical Analysis & Forecast 11.09.2023

EURUSD, “Euro vs US Dollar” EURUSD continues developing a consolidation range around 1.0717. Today the market could extend the range to 1.0750. The correction might continue to 1.0790 (with a test from below). After it will be over, a new link of decline to 1.0680 is expected. This is a local target. After the price […]

Sep 11
EURUSD H4 | Bouncing off support level?

TitleEURUSD H4 | Bouncing off support level? TypeBullish Bounce Preference:  The price is declining toward our pivot point of 1.06897.  A bounce from this level could lead the price to rally toward the 1st resistance at 1.07381 which is an overlap resistance level Alternative scenario:However, if the price breaks below the pivot, it might decline […]

Sep 11
Daily Market Outlook, September 11, 2023

Daily Market Outlook, September 11, 2023 Munnelly’s Market Commentary…  Asian equity markets displayed a mixed performance driven by rising yields, triggered by comments from BoJ Governor Ueda. Ueda mentioned the possibility of having enough data by year-end to decide on ending negative interest rates, emphasising a smooth exit strategy. This led to varied outcomes in […]

Sep 11
FCA warns against COZ FX / COZFX LIMITED

Unauthorised firm details Name: COZ FX / COZFX LIMITED Address: Floor 1, Office 25, Market Square, London, E14 6BU Email: [email protected] Website: www.mycozfx.com Some firms may give incorrect contact details including postal addresses, telephone numbers and email addresses. They may change these contact details over time. They may also give you details that belong to […]