Latest Market News
Equities Bounce Back As Traders Look Beyond Banking Troubles Global equities benchmarks are climbing strongly at the start of the week. Despite a sea of red as we opened yesterday, losses were quickly reversed and risk appetite was seen returning as news of the UBS purchase of Credit Suisse made its way through markets. Although […]
Daily Technical Trade Set Ups For Gold, Silver & Crude Oil To access today’s actionable analysis, click here! Source: Tickmill
EUR Moving Higher The Euro has been broadly higher today on the back of comments made by ECB president Lagarde yesterday. Testifying to European Parliament, Lagarde was seen reaffirming her commitment to bringing inflation back down to target. On the back of the bank’s latest half-point rise last week, Lagarde told members of the Economic […]
EURUSD, “Euro vs US Dollar” The currency pair has completed a wave of correction to 1.0729. At the moment, a consolidation range is forming around this level. We expect the price to escape the range downwards and go on developing the wave to 1.0620. The target is local. After the quotes reach this level, a […]
AUDUSD, “Australian Dollar vs US Dollar” On H4, the quotes are under the 200-day Moving Average, which reveals the prevalence of a downtrend. The RSI has broken the support level. As a result, we expect the price to keep falling to the nearest support at 2/8 (0.6591). The scenario can be canceled by an upward […]
Bitcoin broke the level of 25200. So, the asset is heading up. The asset’s price might gain the required support at the very important levels 25200 and 21400, pull and jump. Time will tell how soon this is about to happen. Gold has tested the resistance area formed between the levels 1976 and 2000. The […]