Latest Market News

Sep 06
Ichimoku Cloud Analysis 06.09.2023 (GBPUSD, USDJPY, NZDUSD)

GBPUSD, “Great Britain Pound vs US Dollar” GBPUSD is correcting after a rebound from the support level. The instrument is going below the Ichimoku Cloud, which implies a downtrend. A test of the Kijun-Sen line at 1.2585 is expected, followed by a decline to 1.2415. An additional signal confirming the decrease might be a rebound […]

Sep 06
Murrey Math Lines 06.09.2023 (USDJPY, USDCAD)

USDJPY, “US Dollar vs Japanese Yen” USDJPY quotes are above the 200-day Moving Average on H4, which indicates the prevalence of an uptrend. The RSI, however, has reached the overbought area, indicating a possible correction. As a result, in this situation, a downward breakout of 6/8 (146.87) is expected, followed by a decline to the […]

Sep 06
Silver Under Heavy Pressure Ahead of US ISM Data

US Economic Strength Stalling The silver market has come under heavy selling pressure over the last week. Following the recovery across the back half of August, a rebound in USD has weighed heavily on silver prices. Concerns over the US economy have reared their head in recent weeks against a backdrop of several key data […]

Sep 06
CAD Plunging Ahead of BOC

BOC on Watch The Bank of Canada meets for its September rate-setting meeting today and while no further policy adjustments are expected, traders will be keeping a close eye on the bank’s forward guidance. Recent data point to a deterioration of the domestic economy, creating room for the BOC top hold rates steady today. Indeed, […]

Sep 06
FCA warns against CLEFBANK

Unauthorised firm details Name: CLEFBANK Address: 130 Broadway, Didcot, Oxfordshire, UNITED KINGDOM, OX11 8RG Telephone: +447466476253 Email: [email protected] Website: https://clefbank.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 […]

Sep 06
Technical Analysis & Forecast 06.09.2023

EURUSD, “Euro vs US Dollar” EURUSD has completed a corrective movement to 1.0707. Today the market is forming a consolidation range above this level. With an escape upwards from the range, a link of growth to 1.0756 is not excluded (with a test from below). Next, a decline to 1.0633 could follow, from where the […]