Latest Market News

Hunt to Meet UK Industry Leaders The Chancellor of the Exchequer Jeremy Hunt is due to meet with industry leaders in the UK this week in a bid to establish how government and industry can work together to tackle inflation. The meetings come on the back of PM Rishi Sunak warning that the government will […]

EURUSD, “Euro vs US Dollar” On H4, the quotes are above the 200-day Moving Average, indicating the prevalence of an uptrend. The RSI has rebounded from the support line. In this situation, the quotes are expected to rise above 3/8 (1.0925) and thus reach the resistance level of 4/8 (1.0986). The scenario can be cancelled […]

The BTC exchange rate is about 30,250 USD on Monday. Over the past 24 hours, the flagship cryptocurrency has been moderately declining. However, it has gained about 14.5% within a week. The last week was victorious for BTC as the leading cryptocurrency saw the most significant weekly result since March of this year. The weekly […]

TitleXAUUSD H4 | Bullish reversal from swing-low TypeBullish Bounce Preference:Price is falling towards the pivot point of 1913.196 and could potentially reverse from here; we could see momentum carry price up to its 1st resistance of 1931.731. Alternative scenario:If price breaks below the pivot point, it could hit the 1st support of 1899.962. To discuss […]

Tesla Pullback Continues Shares in Tesla are trading over 1% lower ahead of the open on Monday. The stock has now slipped around 9% from the YTD highs printed earlier in the month. A pullback in broader risk appetite is certainly one of the factors weighing on Tesla here. Hawkish central bank expectations and rising […]

EURUSD, “Euro vs US Dollar” EURUSD is forming a bullish Wedge pattern. The instrument is going above the Ichimoku Cloud, which suggests an uptrend. A test of the lower border of the Cloud at 1.0840 is expected, followed by a rise to 1.1025. An additional signal confirming the rise will be a rebound from the […]