Latest Market News

Due to Good Friday, the currency markets are seeing some minor changes with low trading volumes and reduced liquidity. The Non-Farm Payrolls report briefly shook up prices, but it mostly met market expectations with job growth at 236K (forecasted 239K) and a 0.3% increase in wages, as anticipated. However, unemployment dropped to 3.5%, and the […]

Brent On H4, the quotes are above the 200-day Moving Average, which indicates the prevalence of an uptrend. The RSI is approaching the support line. A test of 4/8 (87.50) should be expected, followed by growth to the resistance at 5/8 (90.62). The scenario can be canceled by a breakout of 3/8 (84.38) downwards. In […]

EURUSD, “Euro vs US Dollar” The currency pair has completed a link of correction to 1.0936. Today the price could fall to 1.0899. Then a link of growth to 1.0938 is not excluded, followed by a drop to 1.0850. The target is local. GBPUSD, “Great Britain Pound vs US Dollar” The currency pair continues forming […]

TitleS&P500 H4 | Potential bounce off from 23.6% TypeBullish Bounce Preference:Price is approaching our pivot level at 4084.34, which is a pullback support level and lines up with the 23.6% Fibonacci retracement level. If there is a reversal from this level, the price could potentially rise towards 1st resistance level at 4142.53. This level is […]

TitleHUSD H4 | Could ETHUSD bounce off the pivot TypeBullish Bounce Preference:Price is approaching our pivot level of 1846.94 and potentially bounce off this level, we could see momentum carry price up to its 1st resistance of 1943.61. Alternative scenario:If price breaks below the pivot level, it could hit the 1st support of 1751.07. To […]

GBPUSD, “Great Britain Pound vs US Dollar” GBPUSD is pushing off the Tenkan-Sen line of the indicator. The instrument is going above the Ichimoku Cloud, which suggests an uptrend. A test of the Kijun-Sen line at 1.2395 is expected, followed by growth to 1.2685. An additional signal confirming the decline will be a rebound from […]