News
Type: Bearish Drop Key Levels:Resistance: 4049.00Pivot: 3914.00 Support:3757.50 Preferred Case:Looking at the H4 chart, my overall bias for SPX is bearish due to the current price crossing below the Ichimoku cloud , indicating a bearish market. If this bearish momentum continues, expect price to continue heading towards the support at 3757.50, where the 161.8% Fibonacci […]
Why Avoid Brokers from St Vincent & The Grenadines The St. Vincent and the Grenadines Financial Services Authority (SVG FSA) was founded in November 2012, seven years ago, with the goal of fostering integrated operations while also developing, regulating, and supervising St. Vincent and the Grenadines as a secure and competitive financial center in the […]
The Japanese yen against the US dollar has accumulated some strength but will soon slide back down without support. The current quote is 132.48. On Friday, the BoJ announced the third in a row unscheduled bond purchase. The regulator is going to buy an unlimited number of 2-year bonds with 0.04% yield and 5-year bonds […]
On Friday the leading cryptocurrency is balancing near 16,564 USD. It has lost 1.62% over the week. These last few days, activity in crypto has dropped quite a bit. All the important things have already happened, holidays are coming, and only after them investors will regain some force. In the coming year, the market will […]
EURUSD, “Euro vs US Dollar” The currency pair has extended the consolidation range to 1.0688. Today the market is forming an impulse of decline to 1.0630. After this level is reached, a link if correction to 1.0660 is not excluded, followed by a decline to 1.0600, from where the trend might continue to 1.0550. The […]
GBPUSD, “Great Britain Pound vs US Dollar” The currency pair is correcting by a Triangle pattern. The pair is going under the Ichimoku Cloud, which indicates prevalence of a downtrend. A test of the lower border of the Cloud is expected at 1.2065, followed by falling to 1.1805. An additional signal confirming the decline will […]