Latest Market News
TitleDE30EUR H4 | Bearish reversal from all-time highs TypeBearish Reversal Preference: Price is rising towards the pivot point of 16301.07 and could potentially reverse from here; we could see momentum carry price up/down to its 1st support of 16108.32. Alternative scenario: If price breaks above the pivot point, it could hit the 1st resistance of […]
BTC Unable to Rally Crypto bulls’ frustration continues this week. While other risk assets are breaking out in line with downgraded Fed rate hike projections, Bitcoin and other leading crypto assets are still stuck in a rut. The issue for crypto currently is the latest wave of negative news to hit the sector. The US […]
EURUSD, “Euro vs US Dollar” EURUSD is testing the Tenkan-Sen line of the indicator. The instrument is going above the Ichimoku Cloud, which suggests an uptrend. A test of the Kijun-Sen line at 1.0745 is expected, followed by a rise to 1.0905. An additional signal confirming the rise will be a rebound from the lower […]
EURUSD, “Euro vs US Dollar” The currency pair continues developing a wide consolidation range around 1.0770. At the moment, the market has extended it to 1.0820. Today the price has completed a declining impulse to 1.0777 and a correction of this impulse to 1.0808. The market is now forming a new structure of decline to […]
Apple Rally Picks Up Again Apple shares were seen rallying back up towards all time highs yesterday before softening once again and now trading a touch lower pre-market. The stock has been buoyed recently by the shift in Fed expectations with traders now looking for the Fed to hold off from a further rate hike […]
TitleUSDCHF H4 | Bullish reversal from 61.8% Fibo TypeBullish Bounce Preference:Price is falling towards the pivot point of 0.90296 and could potentially reverse from here; we could see momentum carry price up to its 1st resistance of 0.91049. Alternative scenario:If price breaks below the pivot point, it could hit the 1st support of 0.89898. To […]