News

Jul 24
FCA warns against STOCKSBIT FXTRADES

Unauthorised firm details Name: STOCKSBIT FXTRADES Address: 66 Great Suffolk street, London, UNITED KINGDOM, SE1 0BL 5A Hatfields, London, England, UNITED KINGDOM, SE1 9PG 101 WEST BROADWAY, SAN DIEGO, UNITED STATES OF AMERICA, CA 92101 Email: [email protected], [email protected] Website: https://stocksbitfxtraders.com Other Information: STOCKS BIT FX TRADES Some firms may give incorrect contact details including postal […]

Jul 24
Ichimoku Cloud Analysis 24.07.2023 (EURUSD, AUDUSD, USDJPY)

EURUSD, “Euro vs US Dollar” EURUSD is rebounding from the Tenkan-Sen line. The instrument is going inside the Ichimoku Cloud, which suggests a flat. A test of the lower boundary of the Cloud at 1.1085 is expected, followed by a rise to 1.1335. An additional signal confirming the rise will be a rebound from the […]

Jul 24
Japanese Candlesticks Analysis 24.07.2023 (XAUUSD, NZDUSD, GBPUSD)

XAUUSD, “Gold vs US Dollar” Gold has formed a Hammer reversal pattern near the support level. Currently, the instrument could go by the reversal signal in an ascending wave. The growth target might be 1985.50. Upon testing the resistance, the price might break it and continue the uptrend. However, the quotes could pull back to […]

Jul 24
FCA warns against AVACAPITALTRADE / AVA CAPITAL TRADE

Unauthorised firm details Name: AVACAPITALTRADE / AVA CAPITAL TRADE Address: 1 Wood Street, Bolton, UNITED KINGDOM, BL1 1EB Email: [email protected] Website: https://avacapitaltrade.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 […]

Jul 22
Strong UK Retail Sales Fail to Halt GBP Waterfall

Consumer Confidence Dips The latest data out of the UK today painted a very mixed picture. Firstly, the GfK consumer confidence reading was seen printing -30, down from -24 previously and worse than the -25 the market was looking for. This marks the first fresh decline in UK consumer confidence in 6 months and comes […]

Jul 22
EURUSD H1 I Potential bearish reversal?

TitleEURUSD H1 I Potential bearish reversal? TypeBearish Reversal Preference: Price is rising towards our pivot point of 1.11775  that aligns with 38.2 and 50% Fibo retracement, indicating Fibo confluence zone. A reverse from here, price could fall to 1st support at 1.11276 which is support level Alternative scenario: However, if price breaks above the pivot, […]