With the dollar extending gains against its global peers, and interest rates on the rise, crypto markets are seeing a noted September pullback. Bitcoin prices slumped to a three-month low in overnight trading as global Read more…
Stock futures slump on rate hike, recession worries; Week Ahead: Fed rate hike in sharp focus; Take Two slumps on report of Grand Theft Auto VI leak; Volkswagen nudges higher on $75 billion Porsche IPO Read more…
Market picture Bitcoin is down 8.8% over the past week, ending near $19,700. The losses continued to pile up on Monday, decreasing the price to $18.5K (-7.77% in 24 hours). Ethereum collapsed 25% to $1300 Read more…
Gold resumed its bearish momentum early on Monday after Friday’s rebound off a 29-month low of 1,653 faded immediately around the previous low of 1,680. Strikingly, the latter overlaps with the 200-weekly moving average (SMA), Read more…
EUR/USD Over the past week, we saw highly volatile movements within the single European currency. The market reached a high of 1.0197, but was later affected by a sharp correction that took the pair down Read more…
Gold price started a fresh decline from well above the $1,700 level against the US Dollar. The price traded below the $1,680 support to move into a bearish zone. It traded as low as $1,654 Read more…
EURUSD is moving back and forth of the 1.0000 psychological level, failing once again to surpass the descending trend line in the preceding week. The technical oscillators seem to be in confusion, as the MACD Read more…
Hello Fellow Traders. In this technical article we’re going to take a look at the Elliott Wave charts charts of GBPUSD forex pair published in members area of the website. As our members know GBPUSD Read more…
The structure of the USDJPY currency shows the formation of a global impulse trend, which consists of cycle waves. On the current chart, we see how the price rises in a cycle wave V. Wave Read more…
The Dax 40 slips as high interest rates prompt investors to take refuge in cash. After hitting the supply zone around 13500, the index has given up all gains from this month’s rally. This is Read more…