Latest Market News
EURUSD, “Euro vs US Dollar” The currency pair is forming a consolidation range around 1.0820. Today an escape downwards to 1.0768 is expected, followed by growth to 1.0820 and a decline to 1.0717, from where the trend might continue to 1.0660. GBPUSD, “Great Britain Pound vs US Dollar” The currency pair is forming a consolidation […]
EURUSD, “Euro vs US Dollar” The currency pair is pushing off the signal lines of the indicator. The instrument is going above the Ichimoku Cloud, implying an uptrend. A test of the Kijun-Sen line is expected at 1.0775, followed by growth to 1.1005. An additional signal confirming the growth will be a bounce off the […]
JPM Records Q4 Earnings & Revenues Beat America’s biggest bank, JP Morgan, kicked off US earnings season on Friday along with several other big names. The bank saw earnings and revenues both topping forecasts in Q4 with EPS of $3.57 vs $3.05 expected on revenues of $34.54 billion vs $34.35 billion expected. While the headline […]
Last week Bitcoin jumped quite a bit, forming the tower candlestick. This candlestick is strongly supported at the level of 16000. The price of Bitcoin also broke the weekly downtrend and got back to the supporting level of 16000. Next, Bitcoin has tested the broken trendline. The asset has been remaining in a very narrow […]
10 Essential Tools For New Forex Traders When starting to trade in the forex market, new forex traders need to be aware that there are many factors to consider. The process of learning about this market can be overwhelming, so it’s important to cover all the basics before beginning. One of the first steps is […]
Daily Market Outlook, January 16, 2023 Risk Appetite Remains Buoyant, As The Dollar Makes New Lows For 2023 Asian Equities once again took a positive impetus from the rally on Wall Street Friday, with the benchmark SP500 notching up a 0.4% gain confirming back to back positive weekly gains to kick off the new year. […]