News

Aug 16
FCA warns against ECONFX

Unauthorised firm details Name: ECONFX Address: Belgrave Road, London, UNITED KINGDOM, SW1V Mobile: +447849868505 Email: [email protected] Website: www.econfx.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 […]

Aug 16
FCA warns against BITMETALITFX

Unauthorised firm details Name: BITMETALITFX Address: Arlington Business Park Theale, Reading, Berkshire, UNITED KINGDOM, RG7 4SA Email: [email protected] Website: www.bitmetalitfx.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 […]

Aug 16
AUDUSD Breaks Key Support on RBA Minutes

AUD Falls Following RBA Minutes The Australian Dollar has come under pressure today on the back of the release of the latest set of RBA meeting minutes. The minutes revealed that while the bank considered hiking rates again this month, ultimately it decided to hold rates steady, citing the “acute financial challenges” facing some domestic […]

Aug 16
Silver Sitting on Key Support Ahead of US Retail Sales

USD Rally Weighing on Silver Silver prices remain heavy this week with the market still sat on support at the 22.3205 level, underpinned by the bull channel lows also. The recent uptick in USD has weighed heavily on silver, seeing futures prices dropping around 11% from the July highs. The majority of this move has […]

Aug 15
Japanese Candlesticks Analysis 15.08.2023 (USDCAD, AUDUSD, USDCHF)

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 1.3525. Next, the price might break the resistance and continue the uptrend. However, the quotes could pull back to 1.3400 before rising. […]

Aug 15
Murrey Math Lines 15.08.2023 (AUDUSD, NZDUSD)

AUDUSD, “Australian Dollar vs US Dollar” AUDUSD quotes are under the 200-day Moving Average on H4, revealing the prevalence of a downtrend. The RSI is nearing the resistance line. In this situation, a test of 3/8 (0.6530) is expected, followed by a rebound from it and a decrease to the support at 1/8 (0.6408). The […]