News

Sep 26
FCA warns against Oxygen Trade Solutions

Unauthorised firm details Name: Oxygen Trade Solutions Address: 25 Old Broad Street, London, UNITED KINGDOM, EC2N 1HN Email: [email protected] Website: https://oxygentrade.solutions/ 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 another business […]

Sep 26
Technical Analysis & Forecast 26.09.2023

EURUSD, “Euro vs US Dollar” EURUSD has completed a wave of decline to 1.0575. Today a consolidation range could develop above this level. A link of growth to 1.0616 (a test from below) is not excluded, followed by a decline to 1.0556 with the trend potentially continuing to 1.0550. This is the first target. GBPUSD, […]

Sep 26
Murrey Math Lines 26.09.2023 (AUDUSD, NZDUSD)

AUDUSD, “Australian Dollar vs US Dollar” AUDUSD quotes are below the 200-day Moving Average on H4, indicating a prevailing downtrend. The RSI has broken the support line. In this situation, the price is expected to break the 2/8 (0.6408) level downwards and fall to the support at 0/8 (0.6347). The scenario can be cancelled by […]

Sep 26
GBP Outlook Shifts Lower Following BOE Pause

BOE Shift Slams Pound GBP remains the weakest among the G10 FX bloc as we start the new week. Sentiment in the Pound has undergone a significant shift in recent weeks with GBP now the worst performer across Q3 as a whole. A solid downturn in inflation over recent months had seen traders scaling back […]

Sep 26
USDJPY Remains Bullish As Ueda Reaffirms Policy Stance

JPY in Focus The Japanese Yen continues to weaken across early European trading on Monday. The continued decline of the Yen is once again stoking intervention speculation. With USDJPY now trading well above the 145 level at which the BOJ intervened last year, traders are wary of possible forthcoming action from the bank. However, speaking […]

Sep 26
The yen’s devaluation continues. Overview for 25.09.2023

The Japanese yen in the USDJPY pair remains at a ten-month low. The current USDJPY exchange rate stands at 148.40. The Friday meeting of the Bank of Japan concluded without surprises, with the interest rate remaining at -0.10% annually. The regulator’s comments provided clear indications of its readiness to alter the monetary policy structure. Meanwhile, […]