Latest Market News

Sep 22
Technical Analysis & Forecast 22.09.2023

EURUSD, “Euro vs US Dollar” EURUSD has completed a wave of decline to 1.0616. Today the market might develop a correction to 1.0686. After it is over, a new declining move to 1.0606 could follow, from where the trend might continue to 1.0570. GBPUSD, “Great Britain Pound vs US Dollar” GBPUSD has completed a wave […]

Sep 22
The pound hit a six-month low. Overview for 22.09.2023

The British pound sterling paired with the US dollar is currently at its six-month low. The current GBPUSD exchange rate stands at 1.2276. The Bank of England kept the interest rate unchanged at 5.25% per annum at its meeting on Thursday. The decision was unexpected for investors and economists: the main forecast had implied a […]

Sep 22
Daily Market Outlook, September 21, 2023

Daily Market Outlook, September 21, 2023 Munnelly’s Market Commentary…  Asian equity markets faced pressure following the Federal Open Market Committee’s (FOMC) hawkish pause, where the Fed’s dot plots indicated one more rate hike by year-end and fewer expected cuts next year. The Nikkei 225 slipped below the 33K handle as Japanese yields surged to decade […]

Sep 22
GBPUSD H4 | Rising toward 1st resistance?

TitleGBPUSD H4 | Rising toward 1st resistance? TypeBullish Bounce Preference: The price has just bounced off the pivot point at 1.23054, which aligns with the 127.2% Fibo extension level. A bounce from this level could lead the price to rally toward the 1st resistance at 1.23694, which is a pullback resistance. Alternative scenario:However, if the […]

Sep 22
USDCAD H4 | Reversal from 38.2% Fibo resistance

TitleUSDCAD H4 | Reversal from 38.2% Fibo resistance TypeBearish Reversal Preference: Price is rising towards the pivot point of 1.35041 which is an overlap resistance that aligns with the 38.2% Fibonacci retracement level and could potentially reverse from here; we could see momentum carry price down to its 1st support at 1.33895 which is a […]

Sep 22
FCA warns against EXPERTFXSWIFTTRADE

Unauthorised firm details Name: EXPERTFXSWIFTTRADE Address: 3238 Doctors Drive, Los Angeles, California, UNITED STATES OF AMERICA, 90017 Telephone: +12404579951 Email: [email protected] Website: https://expertfxswifttrade.com Some firms may give incorrect contact details including postal addresses, telephone numbers and email addresses. They may change these contact details over time. They may also give you details that belong to […]