Latest Market News

EURUSD, “Euro vs US Dollar” As we can see in the H4 chart, the asset has formed a Hammer reversal pattern close to the support level. At the moment, EURUSD is reversing and may form a new rising impulse. In this case, the upside target may be at 1.1390. However, an alternative scenario implies that […]

NZDCAD Breakdown Looking GoodThe drop off in risk assets across the week has benefitted our NZDCAD sell idea very nicely. Price has now broken through the initial target at .8475 and is on course to test the .8351 termination point next week. While oil prices have been a little lower into the back end of […]

Equities UnderwaterIt’s been something of a blockbuster week in markets with plenty of big moves across the board. As usual then, this means that some traders will be congratulating themselves, some will be commiserating, and some will be cursing themselves for missing the train altogether. Now, while there have been moves aplenty this week, it […]

Bitcoin (BTC) price continues to sell-off and the knock-on effect is an even sharper correction in altcoins and DeFi tokens. At the time of writing, BTC price has sank to its lowest level in 6 months and most analysts are not optimistic about an immediate turn around.  Data from Cointelegraph Markets Pro and TradingView shows that a […]

Kraft Heinz Co. said late Friday it has appointed Andre Maciel as its chief financial officer, effective March 2. Maciel will succeed Paulo Basilio, who will step down on March 1, the company said. Basilio will remain with the company as a strategic adviser through August. Shares of Kraft Heinz were off around 0.1% in […]

U.S. stock indexes closed lower Friday, capping another punishing week for growth and technology stocks as investors await a Federal Reserve update next week on how aggressively interest rates may rise and financial conditions tighten to tame inflation. The Nasdaq Composite Index COMP, -2.72% led the three stock benchmarks lower Friday, ending down 2.7%, but […]