Latest Market News

Jun 22
Crude Futures Soften Ahead of EIA Inventories

EIA On Watch Crude oil prices are a little softer today ahead of the latest EIA inventories release due later. Last week, the EIA reported a larger-than-forecast inventories surplus, reflecting weaker demand. However, looking at today’s expectations, the market is forecasting a 0.3 million barrel surplus, down sharply from the 7.9 million barrel surplus reported […]

Jun 22
EURUSD H4 | potential reverse from resistance

TitleEURUSD H4 | potential reverse from resistance TypeBearish Reversal Preference: Price is approaching our pivot point of 1.09988, which represents an overlap resistance. This level aligns with the 78.6% Fibonacci retracement and 61.8% projection, indicating a Fibonacci confluence. If there is a reversal from this level, the price could potentially decline towards our first support […]

Jun 22
FCA warns against SwissTrade

Unauthorised firm details Name: SwissTrade Address: 50 Stratton St, London, UNITED KINGDOM Email: [email protected] Website: www.swiss-trade.co 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 another business or individual, so the information […]

Jun 22
FCA warns against Orbit GTM

Unauthorised firm details Name: Orbit GTM Address: 32 London Bridge Street, London, UNITED KINGDOM, SE1 9SG Farogatan 33, 164 51 Kista, SWEDEN Gustav Mahlerplein, 1082, Amsterdam, NETHERLANDS Telephone: +441322471930 Email: [email protected] Website: www.orbitgtm-lite Some firms may give incorrect contact details including postal addresses, telephone numbers and email addresses. They may change these contact details over […]

Jun 22
Ichimoku Cloud Analysis 22.06.2023 (EURUSD, AUDUSD, USDCHF)

EURUSD, “Euro vs US Dollar” EURUSD is rising by the bullish Flag pattern. The instrument is going above the Ichimoku Cloud, which suggests an uptrend. The Tenkan-Sen line is expected to be tested at 1.0945, followed by a rise to 1.1065. An additional signal confirming the rise will be a rebound from the lower border […]

Jun 22
Technical Analysis & Forecast 22.06.2023

EURUSD, “Euro vs US Dollar” The currency pair has escaped a consolidation range upwards, completing a structure of growth to 1.0994. A link of corrective decline to 1.0950 is not excluded today, followed by a rise to 1.1000. After the price reaches this level, a wave of decline to 1.0890 might start. GBPUSD, “Great Britain […]