Latest Market News

Jul 05
The cryptocurrency market digest (BTC, LTC). Overview for 05.07.2023

The BTC price rose to 30,831 USD by Wednesday. The flagship cryptocurrency is currently fully implementing the previously outlined trend with consolidation above 31,150 USD and a further climb to 33,000 USD. The bullish scenario is supported by a new application for licensing submitted by the BlackRock fund to the SEC. The fund attempts to […]

Jul 05
Gold Rallying As US/China Tensions Drive Safe-Haven Demand

China Trade Restrictions Announced Gold prices are rising today on safe-haven inflows after tensions between China and the US were seen ratcheting up a level. Overnight, China announced a fresh set of restrictions on exports of certain rare metals used in the semiconductor building process. Tit-for-tat actions based around the high-tech microchip sector have been […]

Jul 05
NZDUSD H4 | Bearish reversal off pivot point

TitleNZDUSD H4 | Bearish reversal off pivot point TypeBearish Reversal Preference: Price is approaching our pivot point at 0.6188 which is a multi swing high resistance. Price could potentially become bearish and head towards our 1st support level at 0.6142. Additionally, price is below a major descending trend line, suggesting that there is a strong […]

Jul 05
Japanese Candlesticks Analysis 05.07.2023 (EURUSD, USDJPY, EURGBP)

EURUSD, “Euro vs US Dollar” EURUSD has formed an Engulfing reversal pattern by the support level on H4. Currently, the instrument is going by the reversal signal in an ascending wave. The growth target could be 1.0945. However, the price might correct to 1.0845 and continue the uptrend after the test of the support. USDJPY, […]

Jul 05
Ichimoku Cloud Analysis 05.07.2023 (NZDUSD, USDCAD, USDCHF)

NZDUSD, “New Zealand Dollar vs US Dollar” NZDUSD has secured above the resistance level. The instrument is going above the Ichimoku Cloud, which suggests an uptrend. A test of the upper border of the Cloud at 0.6155 is expected, followed by a rise to 0.6285. An additional signal confirming the rise will be a rebound […]