Latest Market News

• AUDCAD broke the resistance level 0.8835 • Likely to rise to resistance level 0.8965 AUDCAD recently broke the resistance level 0.8835 (top of wave (a) from the end of October, former support from September). The breakout of the resistance level 0.8835 was preceded by the breakout of the resistance trendline of the weekly down […]

• EURUSD broke resistance level 1.0095 • Likely to rise to resistance level 1.0365 EURUSD recently broke the resistance level 1.0095 (which has been reversing the price from the start of September) intersecting with the 61.8% Fibonacci correction of the downward impulse from August. The breakout of the resistance level 1.0095 led to the subsequent […]

CPI The Key Yesterday’s US CPI report might well prove to be a pivotal moment for the Dollar. Over recent weeks, an increasing number of players have been looking to call a top in USD linked to expectations of a slowing of Fed tightening. With headline CPI having dropped half a percentage point last month, […]

US CPI Shock Ignites Equities  As we round out another week in financial markets we’re certainly not short of interesting price moves to comment on. This week has seen a slew of key trading developments on the back of the US midterms, US CPI release and changes in China’s COVID policy. Talking with traders ahead […]

The BTC has returned to 17,360 USD, but the week has been unbelievably volatile and tough. The turmoil might be not over yet: cryptocurrencies have proved fragile again, and this might be a turning point for the market trust to digital assets. Over the week, the BTC lost 15.6%. Today the capitalisation of the crypto […]

On Friday, the market major is heading up. The current quote is 1.0260. The market is buying actively because the attitude to the future actions of the Federal Reserve System has changed. After the inflation statistics in October for the currency sector were published, a whole revolution happened. So, the CPI in the US over […]