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Daily Market Outlook, March 21, 2023 Banking Concerns Calmed, As US Considers Backstopping All Deposits Asian equity markets took Wall Street’s lead, with most markets printing gains given the retreat in market fears around the banking sector as investors digested Credit Suisse’s emergency acquisition by UBS and fresh optimism that FDIC’s deposit insurance amount could […]

At the beginning of this week, two events that occurred over the weekend were in the focus of the market. The first was the news of Credit Suisse being acquired by another Swiss bank, UBS, with the involvement of the government through guarantees. This gives the markets some respite as the chances of new surprises […]

EURUSD starts the week quite reservedly. The current quote is 1.0670. It seems that for a few days, we have been hearing of just the US and EU statistics and nothing else. The flow of this news is so strong that investors fail to take account of everything. The final CPI in the Eurozone in […]

The weekly increase in the leading cryptocurrency is impressive – more than 25%. The demand for risky assets grew after it became clear that the banking crisis in the US and Europe will be held back. Simultaneously, investors are interested in cryptocurrencies, while there are not many footholds in the US stock market. The market […]

EURUSD, “Euro vs US Dollar” On H4, near the support, EURUSD has formed a Hammer reversal pattern. Currently, the pair can go by the reversal signal in an ascending wave. The target for the growth might be 1.0725. However, the price might pull back to 1.0650 and continue the uptrend after testing the support. USDJPY, […]

EURUSD, “Euro vs US Dollar” The currency pair has completed a wave of correction to 1.0687. At the moment, a consolidation range is forming around this level. The price is likely to escape the range downwards and continue the wave to 1.0516. The target is local. After the quotes reach the level, a link of […]