Latest Market News
It has come to the Central Bank of Ireland’s (‘Central Bank’) attention that a fraudulent firm, Light Finance (Ireland), has been operating as a retail credit firm in the State in the absence of an appropriate authorisation. Light Finance is advertising loans on its website but it holds no authorisation from the Central Bank as […]
AUDUSD, “Australian Dollar vs US Dollar” In the H4 chart, AUDUSD is trading above the 200-day Moving Average, 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 price breaks 6/8 […]
The soon-to-be former CEO said splitting the roles of MicroStrategy’s chief executive officer and chair would help the firm pursue its strategy of “acquiring and holding Bitcoin.” 1334 Total views 36 Total shares Bitcoin maximalist Michael Saylor has announced that he will step down as the chief executive officer of MicroStrategy, the business intelligence firm […]
The financial market’s most knowledgeable inflation traders are expecting a string of roughly 8.8% annual headline U.S. consumer-price readings over the next three months, starting with the Aug. 10 release of July’s data. While such readings would be below June’s 9.1% reading and support the theory that inflation may have peaked at an almost 41-year […]
The planned visit of US House Speaker Nancy Pelosi to Taiwan has the potential to exacerbate relations between the US and China, which in the foreign exchange market will be expressed in the strengthening of the dollar, increased demand for safe havens, weakening of the CNY and currencies that get clues from the moves of […]
Type: Bullish Rise Key Levels:Resistance: 33437Pivot: 32495Support: 31864 Preferred Case:On the H4, with price moving along an ascending trendline and above the ichimoku indicator, we have a bullish bias that price will rise from our pivot at 32495 where the pullback support is to the 1st resistance at 33437 where the swing high resistance and […]