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Crude Rally Causing Concern The rally in oil prices has been one of the standout market developments over Q3. Following a muted H1, crude prices were driven firmly higher over summer in response to a series of cuts from OPEC+, including additional voluntary cuts from Russia and Saudi Arabia. Further cuts from the two producers, […]
BTC Held Down by USD Bitcoin bulls still can’t catch a break as we move into the end of Q3. Following a rally over the last fortnight, BTC prices have once again turned lower, capped by local resistance. Following a solid start to the year, bullish momentum faded into April and despite a fresh push […]
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Unauthorised firm details Name: RAPIDNEX Address: 4 Bartholomew Lane, London, UNITED KINGDOM, EC2N 2AX Telephone: 02038381205, 61489937096, 61879148040, 61489927662 Mobile: 07418365161 Email: [email protected] Website: www.rapidnex.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 […]
The primary currency pair faced significant bearish pressure on Tuesday. The current EURUSD exchange rate stands at 1.0586. The yield on 10-year Treasury bonds increased by over 45 basis points the previous day, surpassing 4.5% for the first time since 2007. This surge provided substantial support to the US dollar. This shift can be attributed […]
TitleUSDCHF H4 | Falling to support level? TypeBearish Reversal Preference: Price has just reacted off our pivot point of 0.91297, a swing-high resistance level. A reversal from this point could lead the price to drop to the 1st support at 0.90739, a pullback support level. Alternative scenario: However, if the price breaks above the pivot, […]