Latest Market News

Aug 09
Avaya shares plunge 21% on 3Q loss as company attempts to fix ‘operational and executional shortcomings’

Avaya Holdings Corp. AVYA, -37.89% shares plunged 37.5% Tuesday after the business communication company reported a third-quarter loss amid attempts to fix what new CEO Alan Masarek describes as “operational and executional shortcomings” set against the backdrop of a volatile economy. The company’s stock closed Monday’s session up 17.2% at $1.12. Avaya reported third-quarter sales […]

Aug 09
Forex Technical Analysis & Forecast 09.08.2022

EURUSD, “Euro vs US Dollar” Having completed the correctional structure at 1.0220, EURUSD is falling to break 1.0122 and may later continue trading downwards with the target at 1.0080. GBPUSD, “Great Britain Pound vs US Dollar” GBPUSD has finished the correctional structure at 1.2136; right now, it is forming a new descending wave to break […]

Aug 09
Murrey Math Lines 09.08.2022 (AUDUSD, NZDUSD)

AUDUSD, “Australian Dollar vs US Dollar” In the H4 chart, after breaking the 200-day Moving Average, AUDUSD is trading above it, thus indicating an ascending tendency. In this case, the price is expected to break 7/8 and continue growing to reach the resistance at 8/8. However, this scenario may no longer be valid if the […]

Aug 09
WTI Wave Analysis – 9 August, 2022

• WTI reversed from support level 88.00 • Likely to rise to resistance level 92.30 WTI crude oil recently reversed up from the key support level 88.00 (low of the previous wave 3, which has been reversing the price from the start of February) intersecting with the lower daily Bollinger Band. The upward reversal from […]

Aug 09
NZDJPY Wave Analysis – 9 August, 2022

• NZDJPY broke resistance level 84.70 • Likely to rise to resistance level 86.40 NZDJPY today broke the resistance level 84.70 (top of the earlier Shooting Star from the start of this month) intersecting with the 681% Fibonacci correction of the downward impulse (c) from July. The breakout of the resistance level 84.70 should accelerate […]

Aug 09
Central Bank of Ireland Issues Warning on Unauthorised Firm – Fraudulent entity clones authorised firm Miripro Insurance Company DAC

It has come to the attention of the Central Bank of Ireland (‘Central Bank’) that a fraudulent entity, Miripro Insurance Company Limited, has been operating as an insurance / reinsurance firm in the State in the absence of appropriate authorisations.  In this instance, the fraudulent entity cloned and impersonated a legitimate Central Bank authorised firm […]