News

Aug 15
BCOUSD H4 | Bullish bounce off 50% Fibo?

TitleBCOUSD H4 | Bullish bounce off 50% Fibo? TypeBullish Bounce Preference:Price has bounced off the pivot point of 85.859 which is an overlap support that aligns with the 50.0% Fibonacci retracement level and could potentially climb higher; we could see momentum carry price up to its 1st resistance at 88.179 which is a swing-high resistance. […]

Aug 15
FCA warns against BITPRIMAL

Unauthorised firm details Name: BITPRIMAL Telephone: +447705991473 Email: [email protected] Website: https://bitprimal.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 another business or individual, so the information looks genuine.

Aug 15
The FTSE Finish Line – August 14 – 2023

The FTSE Finish Line – August 14 – 2023 FTSE China Concerns Continue To Weigh ON Export Heavy Blue Chips London’s FTSE 100 index UK export-heavy stock index, started the week on the backfoot experiencing a slight decline due to the underperformance of mining and oil companies’ shares. This drop was primarily influenced by mounting […]

Aug 15
Yuan Drops With China Economic Risks Back In Focus

Property & Financial Sector Risks Fresh fears over the health of the Chinese economy are taking centre stage this week. On the back of recent data weakness, reports this week are centred around the Chinese property and financial sector.  According to Bloomberg, late on Friday three firms recorded miss payments on high yield products from […]

Aug 14
Technical Analysis & Forecast 14.08.2023

EURUSD, “Euro vs US Dollar” EURUSD has formed a consolidation range around 1.0980 and, breaking it downwards, continues developing a structure of decline to 1.0914. After the price reaches this level, a link of correction to 1.0980 is not excluded (with a test from below). Next, a decline to 1.0890 is expected, from where the […]

Aug 14
Murrey Math Lines 14.08.2023 (EURUSD, GBPUSD)

EURUSD, “Euro vs US Dollar” EURUSD quotes are under the 200-day Moving Average on H4, revealing the prevalence of a downtrend. The RSI is testing the support line. In these circumstances, a downward breakout of 3/8 (1.0925) is expected, followed by a decline to the support at 2/8 (1.0864). The scenario can be cancelled by […]