Latest Market News

Bitcoin has pulled from the level of 17000, targeting the level of 18000. Currently, the price of Bitcoin is approaching the level of 18500. The asset is likely to pull from this level and drop next to the uptrend. It is possible that Bitcoin will undergo correction and head up. Silver is heading up. Hence, […]

USDCHF, “US Dollar vs Swiss Franc” On H4, the quotes are in the oversold area. The RSI has bounced off the support line. An upwards breakaway of 0/8 (0.9277) is expected, followed by growth to the resistance level of 2/8 (0.9521). The scenario can be cancelled by a downward breakaway of the support level of […]

BOE & ECB On Deck Today Following on from the Fed yesterday, the BOE and ECB December meetings will take centre stage today. Both central banks are expected to hike by a further .5% while signalling the need for continued hikes into next year. However, if we’re looking at where the risks lie in terms […]

Daily Market Outlook, December 15, 2022  Asian equities are trading on the backfoot following last night’s more hawkish read from the US Fed policy decision, while the pace of tightening was reduced, with interest rates increasing by 50bp (to a Fed funds rate of 4.25-4.50%) compared with the 75bp hikes at the prior four meetings, […]

EURUSD, “Euro vs US Dollar” The currency pair has formed a consolidation range around 1.0646. At some point, the range got expanded upwards to 1.0693. Today the market has returned to 1.0646. The decline is expected to continue to 1.0616, i.e. the lower border of the range. Next, a correction to 1.0646 looks possible, followed […]

EURUSD, “Euro vs US Dollar” EURUSD is testing the Tenkan-Sen line. The instrument is going above the Ichimoku Cloud, which suggests an uptrend. A test of the Kijun-Sen line at 1.0610 is expected, followed by growth to 1.0935. An additional signal confirming the growth will be a bounce off the lower border of the bullish […]