Latest Market News
Many countries, led by Turkey, are seeking to secure their natural gas needs by concluding agreements and contracts with producing countries, after gas prices in the spot market witnessed record increases during the recent period. In this context, the Turkish Minister of Energy and Natural Resources, Fatih Donmez, announced the conclusion of a deal with […]
Type: Bullish RiseKey Levels:Resistance: 1.09207Pivot: 1.07161Support: 1.05488Preferred Case:On the H4, with price moving above the Ichimoku indicator, we have a bullish bias that price will continue in its bullish momentum from our pivot at 1.07161 in line with 61.8% Fibonacci retracement, to our 1st resistance at 1.09207 at the swing high.Alternative Scenario:Price may reverse and […]
The Monday rebound of US equity markets increasingly resembles yet another “dead cat bounce” – already on Tuesday, futures on US indices (an indicator of sentiment on the US equity market after the close) and European stock indices have suffered significant losses, indicating that the S&P 500 will likely retest 3900 level at the New […]
• Gold broke resistance level 1855.00• Likely to test resistance level 1900.00 Gold continues to rise after the earlier breakout of the resistance level 1855.00 (former support from the start of May) and the 50% Fibonacci correction of the downward impulse from last month. The breakout of the resistance level 1855.00 should accelerate the active […]
• GBPCHF under bearish pressure• Likely to fall to support level 1.1955 GBPCHF currency pair under the bearish pressure after the price broke below the key multi-month support level 1.2100 (lower boundary of the sideways price range from the start of March). The breakout of the support level 1.2100 continues the active impulse waves (iii), […]
Francis Suarez reminded people that volatility plays an equal role when the market is going up, but the concerns only come up during bear markets. 1250 Total views 22 Total shares Miami mayor Francis Suarez believes that Bitcoin (BTC) should be seen from an innovation perspective rather than just as an investment asset. Suarez’s comments […]