Latest Market News

The market major survived the meetings of the Fed and ECB and is getting ready for Christmas. The current quote is 1.0610. The statistics published on Friday in the US and Europe could hardly be called impressive. The final CPI in the euro zone in November demonstrated growth by 10.1% y/y, while the forecast had […]

Trading Vs Investing What is the difference between Trading Vs Investing? In the stock market, it is essential to have a basic knowledge when discussing making money. There is a confusion between the terms investing and trading and in this article we are going to explain both. An investor is the one who holds the […]

AUDUSD, “Australian Dollar vs US Dollar” AUDUSD has left the borders of a bullish channel. The instrument is going below the Ichimoku Cloud, which suggests a downtrend. A test of the Tenkan-Sen line at 0.6715 is expected, followed by falling to 0.6545. An additional signal confirming the decline will be a bounce off the lower […]

EURUSD On H4, the quotes are above the 200-day Moving Average, which indicates the prevalence of an uptrend. The RSI has bounced off the support level. Currently, growth above 7/8 (1.0620) is expected, followed by growth to the resistance level of 8/8 (1.0742). The scenario can be cancelled by a breakaway of the support level […]

The UK economy is likely to contract again in December as expansion in services sector cannot fully offset the decline in manufacturing. The S&P Global Composite Purchasing Managers Index edged up slightly to 49.0 from 48.2 in November, but remained below the 50 level that usually separates a rise from a decline for the fifth […]

BRENT On H4, Brent quotes are under the 200-day Moving Average, which indicates a downtrend. The RSI has broken through the descending trendline. In this situation, further falling to the support level of 1/8 (78.12) is expected. The scenario can be cancelled by an upwards breakaway of the resistance level of 3/8 (84.38), which might […]