Latest Market News
Technical & Trade View EURUSD Trade View Bias: Bullish Above Bearish below 1.0390 Technicals Primary support is 1.0390 Primary upside objective is 1.0620 Next pattern confirmation, acceptance above 1.0485 Failure below 1.03 opens a test of 1.0220 20 Day VWAP bullish, 5 Day VWAP bullish Today’s New York Cut Option Expiries: 1.0240-50 (2.4BN), 1.0250 (2.0BN), […]
EURUSD, “Euro vs US Dollar” The currency pair continues forming a consolidation range around 1.0333. At the moment, the market has extended the range to 1.0496. Today the market has completed an impulse back to 1.0333 and is now forming a correction to 1.0411. With an escape from the range downwards a pathway down to […]
EURUSD, “Euro vs US Dollar” EURUSD has secured under the signal lines of the indicator. The instrument is going above the Ichimoku Cloud, which suggests an uptrend. A test of the upper border of the Cloud at 1.0345 is expected, followed by growth to 1.0745. An additional signal confirming the growth will be a bounce […]
Understanding Brokers and Regulators What is a broker? A broker is an entity that acts as an intermediary between traders and the market and can be considered your window into the financial world. A broker collects market orders from traders and executes them in the market. In other words, whenever a trader wants to buy […]
Type: Bullish Rise Key Levels:Resistance:2506Pivot:2422Support:2280 Preferred Case:On the H4 chart, we have a bullish bias. To add confluence to this, price is crossing back above the Ichimoku cloud which indicates a bullish market. If this bullish momentum continues, expect price to head back up towards the 1st resistance at 2506 where the 23.6% Fibonacci line […]
Metals Under Pressure on Monday The metals market is seeing a rather lacklustre open to the week with both gold and silver under selling pressure across early European trading on Monday. A fresh uptick in the US Dollar is having a subduing impact on price action currently with the greenback drawing safe haven demand from […]