News
On 1 April 2022, the Court appointed David Philip Soden, Robert Scott Fishman and Matthew Steven Roe, all of Teneo Financial Advisory Limited, as joint special administrators of Sberbank CIB, following an application by Sberbank CIB’s directors. What does Sberbank CIB do? Sberbank CIB provides trading and execution services to its clients, including providing access […]
EURUSD, “Euro vs US Dollar” EURUSD is still forming the descending structure towards 1.1053. After that, the instrument may start another correction to reach 1.1092 and then resume trading downwards with the target at 1.1015. GBPUSD, “Great Britain Pound vs US Dollar” After completing the correctional wave at 1.3174, GBPUSD is forming a new descending […]
BRENT In the H4 chart, after breaking the 200-day Moving Average, Brent is trading below it to indicate a descending tendency. In this case, the price is expected to continue moving downwards to reach the support at 0/8. However, this scenario may no longer be valid if the asset breaks the resistance at 2/8 to […]
Type: Bullish BounceKey Levels:Resistance: 1965.9Pivot: 1933.7Support: 1921.3Preferred Case:Prices are approaching a pivot. We see the potential for a bounce from our Pivot at 1933.7 in line with 61.8% Fibonacci Retracement towards our 1st resistance at 1965.9 in line with 127.2% Fibonacci Projection . Our bullish bias is further supported prices trading above our Ichimoku clouds […]
Type: Bullish BounceKey Levels:Resistance: 108.74 Pivot: 100.05 Support: 94.45Preferred Case:Prices are consolidating in a triangular pattern. We see the potential for a bounce from our pivot at 100.05 which is a graphical overlap and in line with an area of Fibonacci confluences towards our 1st resistance at 108.74 in line with 50% Fibonacci retracement .Alternative […]
• Cisco reversed from key resistance level 56.70• Likely to fall to support level 53.60 Cisco recently reversed down with the two daily Shooting Stars from the key resistance level 56.70 (upper border of the sideways price range from January). The resistance area near the resistance level 56.70 was strengthened by the upper daily Bollinger […]