News

Dec 16
Forex Technical Analysis & Forecast 16.12.2022

EURUSD, “Euro vs US Dollar” The currency pair has formed the first impulse of decline to 1.0592. Today the market might correct to 1.0684. Practically, the pair is forming a consolidation range at these levels. The main scenario suggests breaking away the lower border of this channel. With an escape downwards, a pathway to 1.0515 […]

Dec 16
Ichimoku Cloud Analysis 16.12.2022 (GBPUSD, USDJPY, USDCAD)

GBPUSD, “Great Britain Pound vs US Dollar” GBPUSD is testing the lower border of a bullish channel. The instrument is going insode the Ichimoku Cloud, which suggests a flat. A test of the upper border of the Cloud at 1.2215 is expected, followed by falling to 1.1865. An additional signal confirming the decline will be […]

Dec 16
Dollar chances for rebound grow as slowdown risks increase on hawkish central bank messages

The dollar bounced back yesterday and showed decent gain against commodity currencies, which correlate with demand for risk. This comes after the ECB issued a very aggressive statement yesterday. The reaction of the currency market turned out to be unusual – investors regarded the ECB’s move as an increased risk that a soft landing of […]

Dec 16
Market Spotlight: EURAUD Explodes on Hawkish ECB

Hawkish ECB Message Rocks Markets The December ECB meeting proved to be far from a muted event as markets were rocked yesterday by the bank’s outlook and guidance. The ECB delivered a widely expected .5% hike, despite hawkish risks, but it was the accompanying projections which were the main focus. Inflation Revised Higher Citing the […]

Dec 16
How to Master Trading Psychology

How to Master Trading Psychology Trading psychology refers to your state of mind and emotions when you trade. Every trader out there definitely experience to lose money after executing traders based on emotions, mostly fear and greed. It is a mistake that is done by everyone at some point but in order to be a […]

Dec 16
The cryptocurrency market digest (BTC). Overview for 16.12.2022

On Friday, the BTC is retracing moderately, balancing near 17,492 USD. At the same time, weekly growth of the BTC amounts to 1.6%. A great victory of the leading crypto is securing above the intermediate resistance level of 17,200 USD. The market is holding above it, still having a chance to reach 18,500 USD. There […]