Latest Market News
The Financial Conduct Authority (FCA) has stopped David Stock & Co Limited (DS&C), a firm that advised on transfers from the British Steel Pension Scheme (BSPS), disposing of assets without FCA permission. In March 2022, the FCA launched a consultation on a redress scheme for former members of BSPS. The FCA wrote to firms who […]
The Swiss firm will conduct all interactions with the Liquity smart contract on its clients’ behalf but only a select few with over $500,000 on the platform will have access to the product. 1306 Total views 28 Total shares Bitcoin Suisse has begun offering decentralized finance (DeFi) services to its clients with the addition of […]
Gold futures declined Wednesday for a second consecutive session to mark another settlement at their lowest since April 11. Prices for the precious metal went into “freefall” on Tuesday and now appear to have stabilized around $1,950, said Craig Erlam, senior market analyst at OANDA. “This could potentially mark the new range support after a […]
USDCAD, “US Dollar vs Canadian Dollar” As we can see in the H4 chart, after forming a Shooting Star reversal pattern close to the resistance level, USDCAD is reversing in the form of the descending impulse. In this case, the downside target may be at 1.2495. However, an alternative scenario implies that the asset may […]
We had a great short trade on GBPCAD earlier in the year, playing the double top and channel break, and conditions look to be lining up for a fresh short. GBPCAD has recently settled into a block of consolidation following the breakdown below the 1.6551 level. With that area acting as resistance now, the market […]
Type: Bearish MomentumKey Levels:Resistance: 814’4Pivot: 807’4Support: 795’4Preferred Case:We see the potential for a bearish dip from our pivot level at 807’4 in line with 38.2% Fibonacci retracement towards our 1st support level at 795’4 in line with 50% Fibonacci retracement, 61.8% Fibonacci projection and -27.2% Fibonacci expansion.Alternative Scenario:Alternatively, price might break our pivot structure and […]