News

May 04
Ichimoku Cloud Analysis 04.05.2023 (GBPUSD, USDCHF, NZDUSD)

GBPUSD, “Great Britain Pound vs US Dollar” GBPUSD is testing the resistance area. The instrument is going above the Ichimoku Cloud, which suggests an uptrend. A test of the Tenkan-Sen line at 1.2510 is expected, followed by growth to 1.2695. An additional signal confirming the decline will be a rebound from the lower border of […]

May 04
GBP renewed its highs. Overview for 04.05.2023

The British pound rose noticeably against the US dollar. The current GBPUSD quote is 1.2565. The pound did not have the best of times at the beginning of May, but it should be admitted that it has already regained all the previous losses. The pair received support from the declining USD after the May meeting […]

May 04
USD: readiness number one. Overview for 03.05.2023

The market major has frozen before the decisive event of this week. The current quote is 1.1020. So, today is the X day for the USD because this night another Fed’s meeting will be over. The interest rate decision will be announced. Most probably, the crediting price will be lifted by 25 base points to […]

May 04
EURUSD Rallying Ahead of FOMC

EURUSD Pushing Higher  EURUSD is rallying firmly ahead of the FOMC later today. The pair has been on a strong run since the March lows, gaining around 5.5% as narrowing yield spreads between EU and US bonds help lift sentiment. Much of the driver behind the move has been the narrowing of monetary policy divergence […]

May 04
Pfizer Earnings Soar in Q1 Despite Covid Sales Drop

  Pfizer Shares Rally on Q1 Earnings Beat  Despite a tough day for stock markets on Tuesday, shares in US pharma company Pfizer were seen rising over the session following the release of better-than-forecast Q1 figures. Pfizer posted Q1 EPS of $1.23, well above the $0.98 the market was looking for. Additionally, revenues were seen […]

May 03
The cryptocurrency market digest (BTC, AVAX, PEPE). Overview for 03.05.2023

The BTC on Wednesday is balancing near 28,641 USD. An important support for the leading crypto remains at 26,500 USD. There are no reasons for a steep decline yet. However, anything may happen today. In the evening, the Federal Reserve System will close its two-days’ meeting and report its interest rate decision. If we suppose […]