Latest Market News

In the ever-changing world of financial markets, new trading methods continually emerge. One such trend is social trading, which has gained popularity in recent times. Engaging in social trading, traders have the potential to enhance their overall Forex experience in several ways. Through active participation in online communities and discussion forums, traders have the opportunity […]

The BTC exchange rate on Wednesday returned to 26,248 USD. Over the past day and a half, the market has corrected all the oversold conditions from the past week. On the one hand, this is not bad: quotes were quite low and seemed interesting for acquisitions. On the other hand, nothing has changed fundamentally in […]

EURUSD, “Euro vs US Dollar” EURUSD has completed a declining movement to 1.0686. Today the market is correcting to 1.0728. When the correction is over, a drop to 1.0670 is expected. This is a local target. Next, a correction to 1.0900 might begin. GBPUSD, “Great Britain Pound vs US Dollar” GBPUSD has completed a wave […]

Brent Brent crude oil quotes are above the 200-day Moving Average on H4, revealing the prevalence of an uptrend. The RSI have broken the support line. In this situation, a test of 4/8 (87.50) is expected, followed by a rebound from this level and a rise to the resistance at 6/8 (90.62). The scenario can […]

USDCAD, “US Dollar vs Canadian Dollar” USDCAD has formed a Hanging Man reversal pattern on H4. Currently, the instrument is going by the reversal signal in a descending wave. The correction target might be 1.3620. Next, the price could rebound from the support and continue the uptrend. However, the quotes might rise to 1.3700 without […]

GBPUSD, “Great Britain Pound vs US Dollar” GBPUSD has secured above the signal lines of the indicator. The instrument is going below the Ichimoku Cloud, which implies a downtrend. A test of the lower boundary of the Cloud at 1.2515 is expected, followed by a drop to 1.2375. An additional signal confirming the decline could […]