Latest Market News
Oil prices rose about 1% during trading on Monday, with the increase in demand in the United States for fuel and the scarcity of supply. This comes as Shanghai, the economic capital of China, is happy to reopen its doors after a two-month closure; This has raised concerns about a sharp slowdown in growth. This […]
GBPCAD Reversal Set UpPrice action in GBPCAD is looking very interesting here to play to the long side. Following a couple of really great short trades over the prior decline, the pair looks to have bottomed recently. The block of consolidation which formed over May saw strong bullish divergence on momentum studies. Price has since […]
Type: Bullish RiseKey Levels:Resistance: 1.96554Pivot: 1.94163Support: 1.92756Preferred Case:On H4, price is bouncing off Ichimoku indicator we have a bullish bias that price will rise from our pivot at 1.94163 where horizontal pullback support is and is expected to approach the first resistance level at 1.96554 in line with the swing high resistance.Alternative Scenario:Price may break […]
• CHFJPY broke daily up channel• Likely to rise to resistance level 133.00 CHFJPY currency pair continues to rise after the pair broke through the resistance trendline of the daily up channel from the end of last month. The breakout of this up channel accelerated the active impulse wave (1) which started earlier from the […]
• FTSE 100 reversed from support zone• Likely to rise to resistance level 7550.00 FTSE 100 index recently reversed up from the support zone lying between the support level 7225.00, lower daily Bollinger Band and the 50% Fibonacci retracement of the upward correction 2 from March. The upward reversal from this support zone stopped the […]
Brad Garlinghouse, the CEO of cross-border payments company Ripple, spoke during a panel discussion at the WEF 2022. 4954 Total views 41 Total shares Brad Garlinghouse, the CEO of cross-border payments company Ripple, spoke during a panel discussion Monday at the World Economic Forum in Davos, Switzerland. Garlinghouse, who also occupies a role as a member of […]