Latest Market News
Fed Expectations Gold prices are holding steady at the start of the week following a firm rally across the backend of last week. Fluctuating expectations regarding the Fed continue to be the main driver for gold prices. A further fall in US inflation, as confirmed by last week’s CPI readings, has seen traders scaling back […]
The BTC quotes on Monday are hovering near 30,313 USD. The market failed to continue skyrocketing though it still had all reasons to do so. Last week, the resounding victory of Ripple over the SEC in court provided the cryptocurrency sector with a mighty momentum. More than that, the crash of the USD also facilitated […]
The Australian dollar is correcting against the US dollar after rising in July. The current AUDUSD quote is 0.6808. The Australian dollar earlier hit a new high on 16 June this year, following which the market moved towards a correction. Today’s statistics from China turned out to be mixed. The only report that exceeded the […]
The FTSE Finish Line – July 17 – 2023 FTSE Modestly Lower To Start The Week FTSE 100 index experienced a slip to start the week, primarily led by declines in mining stocks. The lower metal prices were a result of weak growth in China, the world’s second-largest economy. The FTSE 100, which has a […]
TitleUSDJPY H4 | React off resistance level? TypeBearish Reversal Preference:Price is approaching our pivot point of 138.879 which is an overlap support level that aligns with 23.6% Fibo retracement. A reverse from here, price could fall to 1st support level at 137.61 which is a swing low support level. Alternative scenario:However, if price breaks above […]
EURUSD, “Euro vs US Dollar” The currency pair has completed a wave of growth to 1.1244. Today the market is forming a consolidation range under this level. The range could later expand to 1.1278. Next, a decline to 1.1128 might follow, from where the wave of decline could continue to 1.1010. GBPUSD, “Great Britain Pound […]