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EURUSD, “Euro vs US Dollar” EURUSD has completed a decline wave, reaching 1.0487. Today the market is forming a consolidation range above this level. A downward breakout will open the potential for a movement to 1.0434. An upward breakout could lead to a corrective link to 1.0545 (a test from below), followed by a decline […]
Daily Market Outlook, September 28, 2023 Munnelly’s Market Commentary… Asian equity markets with a mixed tone as traders evaluated the performance in the US leading into the end of the month and quarter. Global yields and oil prices saw further upside, impacting market sentiment. The Nikkei 225 underperformed, slipping below the 32k handle and facing […]
Rising Yields Turn Stocks Lower Following the correction lower from YTD highs, the Nasdaq continues to hug support at the 14544.9 level today. The uptick in USD and US yields over the last two weeks has been a major downside catalyst for risk sentiment, with tech stocks falling sharply. The Fed is now widely expected […]
Unauthorised firm details Name: STANDARD ROYAL BANK Address: Cheam Road, Ewell, Epsom, Surrey, England, UNITED KINGDOM, KT17 Telephone: +447448548759 Email: [email protected] Website: https://standardroyalbank.com 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 […]
Unauthorised firm details Name: VETEX BANK Address: 425 Walnut Street, Cincinnati, Ohio, UNITED STATES OF AMERICA, 45202 Telephone: +447529435498 Email: [email protected] Website: https://vetexbank.com 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 […]
USDCHF, “US Dollar vs Swiss Franc” USDCHF quotes are above the 200-day Moving Average on H4, indicating a prevailing uptrend. The RSI has reached the oversold area. In this situation, the price is expected to test the 8/8 (0.9277) level, rebound from it, and drop to the support at 6/8 (0.9155). The scenario can be […]