Latest Market News

Jul 12
Central Bank of Ireland Issues Warning on Unauthorised Firm – Renfrew Capital Management (Clone)

It has come to the attention of the Central Bank of Ireland (‘Central Bank’) that a scam entity by the name Renfrew Capital Management (Ireland and Bermuda), formerly operating the website https://renfrewcapitalmgmt.com, has been claiming to be an investment firm / investment business firm in the State in the absence of appropriate authorisations. In this […]

Jul 12
Forex Technical Analysis & Forecast 12.07.2022

EURUSD, “Euro vs US Dollar” EURUSD is still falling with the target at 0.9975. Possibly, today the pair may reach 0.9994 and then start a new correction up to 1.0094. Later, the market may resume trading downwards to reach the above-mentioned target. GBPUSD, “Great Britain Pound vs US Dollar” GBPUSD continues falling towards 1.1800. After […]

Jul 12
Bitcoin price hits 7-day low as US warns of ‘highly elevated’ CPI data

Bitcoin (BTC) carried through threats of new local lows on July 12 as the White House warned of “highly elevated” inflation. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView White House warns ahead of “decisive day” Data from Cointelegraph Markets Pro and TradingView showed BTC/USD approaching $19,500 prior to the Wall Street open, down over 4% […]

Jul 12
StitchFix stock rallies as Bill Gurley hikes stake by a million shares

StitchFix Inc. SFIX, -0.39% stock got a quick fix late Tuesday after Benchmark Capital’s Bill Gurley reported buying a million shares of the stock. StitchFix shares rallied 8% after hours, following a 0.4% decline in the regular session to close at $5.14. Gurley paid an average weighted price of $5.43 a share for StitchFix on […]

Jul 12
BRITISH POUND FUTURES (6B1!), H4 Potential For Bearish Drop

Type: Bearish Momentum Key Levels:Resistance: 1.1953Pivot: 1.1895Support: 1.1783 Preferred Case:On the H1, with price moving below the ichimoku cloud and along the descending trendline, we have a bearish bias that price will rise and drop from the pivot at 1.1895 in line with the pullback resistance to the 1st support at 1.1783 where the 161.8% […]

Jul 12
LIGHT CRUDE OIL FUTURES (CL1!), H4 Potential For Bearish Drop

Type: Bearish Momentum Key Levels:Resistance: 105.23Pivot: 101.59Support: 95.13 Preferred Case:On the H4, with price moving below the ichimoku cloud and within the descending channel , we have a bearish bias that price will drop from the pivot at 101.59 in line with the pullback support to the 1st support at 95.13 where the 61.8% fibonacci […]