News

• AUDUSD broke the support level 0.6300 • Likely to fall to support level 0.6200 AUDUSD currency pair under the bearish pressure after the pair failed to break back above the key resistance level 0.6500 (which has been reversing the pair from the end of September). The pair just broke the support level 0.6300 – […]

• EURUSD under bearish pressure • Likely to fall to support level 0.9700 EURUSD currency pair under the bearish pressure after the price broke the support trendline of the daily up channel from October. The breakout of this up channel coincided with the breakout of the 50% Fibonacci correction of the C-wave of the earlier […]

Bitcoin broke the level of 20500. Currently, the asset is testing this level, trying to form the engulfing. Bitcoin is heading up. The asset is likely to face resistance at the level of 22500, break it and target the level of 25500 next. American stock index S&P 500 has pulled from the downtrend and the […]

On Thursday, the Australian dollar against the US dollar is falling. The current quote is 0.6345. The morning trade balance statistics turned out interesting. In September, the results in Australia turned out better than expected. Export grew by 7% against 2.6% previously. Import dropped to 0% from 4.6% previously. The statistics could support the Aussie […]

On Thursday, the market major is depressed; the current quote is 0.9820. Yesterday the US Federal Reserve System completed its two-day meeting by lifting the interest rate to 4% annual. This is the high since 2008. The most important comment made right after the decision was announced touched upon the probability of further increases in […]

Binance CEO Changpeng “CZ” Zhao appears to have softened his stance on central bank digital currencies (CBDCs), arguing in a conference that he doesn’t think CBDCs are a threat to his company or the crypto sector.  CZ spoke at the Web Summit in Lisbon on Nov. 2 about CBDCs and their role in the crypto […]