EURJPY Technical Analysis EURJPY is testing the Ichimoku cloud, a key resistance. Our analysis suggests a bullish market, with a strategy to go long. Currently, it’s trading in a bearish channel below the 158.6 pivot. A close above the pivot will ...

Free Market Updates by Solidecn.com

Gold prices hit $2000 as Middle East tension escalates As tensions rise in the Middle East, gold prices have shot up over $2000 due to increased fighting on the ground. While all eyes are on the shifting situation, gold has jumped over the crucial ...

Free Market Updates by Solidecn.com

Market Trends: Navigating Equity Dips and Economic Signals Last week, European and US stock markets kept falling, marking six weeks of losses. The main worries were about companies' earnings not being as good as hoped and their future outlooks ...

Free Market Updates by Solidecn.com

EURUSD Pair Analysis: Bulls Eye R1, Bears Target Bearish Channel The EURUSD currency pair is currently testing the S1 support and the upper line of the previously broken channel. A close above the pivot could signal a bullish trend, with R1 as the ...

Free Market Updates by Solidecn.com

Solid ECN Account Types Solid ECN provides a variety of account types on the MetaTrader 5 trading platform, catering to both individual and corporate clients for online Forex and Derivatives trading. Retail, affiliate, and White-Label clients can ...

Free Market Updates by Solidecn.com

Silver The price of silver is currently testing the pivot point at 23.14, with the Relative Strength Index (RSI) maintaining a position above the 50 level. The XAGUSD's inability to close below the S1 support level of 22.59 suggests that the price ...

Free Market Updates by Solidecn.com

EURAUD For the past four months, the EURAUD has been trading within a range between 1.6200 and 1.7100, suggesting that it might currently be in a range trading mode. This week, the price faced difficulty surpassing recent peaks just below 1.6900, ...

Free Market Updates by Solidecn.com

Experience Zero Deposit Fee with Solid ECN: We've Got You Covered! At Solid ECN, we value our customers and their trading experience. That's why we've eliminated deposit fees across all payment options. When you make a transaction to your trading ...

Free Market Updates by Solidecn.com

BTCUSD In our “BTCUSD Technical Analysis”, we see that BTCUSD is currently in a state where it’s bought too much, as shown by the Relative Strength Index (RSI) which is now over 80. This means there are a lot of buyers, and the price might not go up ...

Free Market Updates by Solidecn.com

LTCUSD Last week, the cryptocurrency market saw a notable uptick, and Litecoin (LTC) investors were among those who profited from this positive shift. The LTCUSD exchange rate climbed to a formidable resistance point at $71.15. This upward movement ...

Free Market Updates by Solidecn.com

Gold source The price of gold has retreated from the $2,000 mark and is currently testing the $1,949 support level. This decline was anticipated as the RSI and Stochastic indicators were in the overbought zone. image A closer look at the 4-hour ...

Free Market Updates by Solidecn.com

Eurozone's Inflation Slowdown: A Simplified Insight Eurozone inflation is slowing down, affecting many sectors and making things less expensive compared to the European Central Bank's (ECB) goals. However, overall inflation is still higher than what ...

Free Market Updates by Solidecn.com

Crude Oil The U.S. oil industry, known as "Big Oil", is seeing growth in production and mergers. Active drilling rigs increased to 502 for oil and 122 for gas last week, marking a second week of growth. Daily oil production has hit a record 13.2 ...

Free Market Updates by Solidecn.com

Recession Looms Over Eurozone: PMI Indices Disappoint, EURUSD Dips The economy in Europe is slowing down, which is causing worries about a possible recession in Germany and the entire eurozone. The PMI indices, which are often used by investors to ...

Free Market Updates by Solidecn.com

EURUSD The eurusd graph indicates a sharp decline, potentially in five distinct stages. We're currently experiencing a temporary rise in the fourth stage. The third stage seems finished, and now we're in a phase of slight recovery. The price is ...

Free Market Updates by Solidecn.com

GBPCHF Forecast: Swiss Bond Yields Surge source The return on Switzerland’s 10-year government bond has gone up past 1.2, according to the rates quoted between banks for this bond’s term. The CH20, a stock market index in Switzerland, has dropped to ...

Free Market Updates by Solidecn.com

Gold Gold prices have stopped rising just below a five-month high on Monday. The rapid increase in prices slowed down as it got close to the $2000 mark. After a strong push back on Friday, it's clear that the $2000 area is a big hurdle. This has led ...

Free Market Updates by Solidecn.com

GBPJPY Source The GBPJPY currency pair is currently experiencing a bearish trend, having exited the bullish channel in a downward direction. This shift in market dynamics is further confirmed by the Stochastic indicator, which is presently hovering ...

Free Market Updates by Solidecn.com

Bitcoin’s Rollercoaster Ride: Predictions from the Pros Full article As Bitcoin’s wild ride keeps everyone guessing, big names are dropping hints about where it might head next. Currently, Bitcoin is at $30,377, a tiny bit higher than yesterday. The ...

Free Market Updates by Solidecn.com

Euro Stays the Same as Everyone Waits for the Big Bank Meeting The Euro isn't changing much. It's still a little bit less than 1.06 dollars. It's hard for it to go higher right now. People are also watching what's happening in places far away in the ...

Free Market Updates by Solidecn.com