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On Wednesday, markets saw growing speculation that the Federal Reserve won’t be able to sustain high interest rates for an extended period. This is due to the recent surge in Treasury bond yields, especially the long-term ones, which inherently exerts a strong disinflationary effect. The Central Bank (CB) itself acknowledged this, and in a previous […]
TitleEURJPY H4 | Potential bearish reversal TypeBearish Reversal Preference: Price is rising towards the pivot point of 158.26 which is a pullback resistance level and could potentially reverse from here; we could see momentum carry price down to its 1st support at 156.698 which is an overlap support level. Alternative scenario: If price breaks above […]
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Unauthorised firm details Name: Cyber Rex Ltd Email: [email protected] Website: www.cyberexltd.com Other Information: aka Cyberex Ltd 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 […]
EURUSD, “Euro vs US Dollar” EURUSD is rebounding from the resistance level. The instrument is going above the Ichimoku Cloud, which suggests an uptrend. A test of the upper boundary of the Cloud at 1.0555 is expected, followed by a rise to 1.0750. An additional signal confirming the rise will be a rebound from the […]
USDCAD, “US Dollar vs Canadian Dollar” USDCAD has formed a Hammer reversal pattern on H4. Currently, the instrument is going by the reversal signal in an ascending wave. The growth target could be 1.3690. Next, the price might break the resistance and continue the uptrend. However, the quotes could correct to 1.3555 before rising. AUDUSD, […]