GBPCAD Technical + Signal Looking at the daily chart, the GBPCHF pair consequently dropped value from 1.6917. We have the "upper long wick" candle in the daily time fram suggesting possible decrease in the price with SL above the wick. image ...

Free Market Updates by Solidecn.com

Bitcoin near 29,000 "Bulls" return to crypto. The market is reacting to more moves by financial institutions The cryptocurrency market has had some really good days. Fear over the Binance exchange and regulations has given ...

Free Market Updates by Solidecn.com

USDCHF Technical Analysis USDCHF pair is currently rising and is expected to breach the 0.8996 (50 SMA in Yellow) level and attack 0.9093. However, caution is advised for upcoming trading as breaching the last level will cancel the negative effect ...

Free Market Updates by Solidecn.com

Silver USD strengthening and ETF outflows pressure silver prices Silver is trading over 2% lower today, with the move being driven by significant strengthening of the US dollar triggered by better-than-expected US housing market data for May. Solid ...

Free Market Updates by Solidecn.com

AUDUSD The Reserve Bank of Australia (RBA) considered its last interest rate hike as a finely balanced decision. There is increasing frustration due to the lack of stimulus in China. The Australian dollar (AUD) has become more volatile following the ...

Free Market Updates by Solidecn.com

Will ECB end rate hikes in July? EURUSD is pulling back today, following a steep rally that took place last week. Last week's advance was driven by ECB rate hike on Thursday. ECB President said at a post-meeting press conference that further ...

Free Market Updates by Solidecn.com

AUDUSD The Australian dollar is one of the worst performing G10 currencies at the beginning of a new week. While there was no major news coming out from Australia over the weekend, there was some worrisome news relating to China - Australia's ...

Free Market Updates by Solidecn.com

Oil Brent (OIL) launched new week's trading with a bearish price gap as new on rising Iranian exports as well as cuts to Chinese growth forecasts created downward pressure on prices. OIL tested 200-period moving average at H4 interval this morning ...

Free Market Updates by Solidecn.com

US100 US100 index, currently trading at 15354 points, has shown strong bullish momentum by breaking a significant resistance level at 15220 points seamlessly. This upward movement also led to a break above the upward trending channel, indicating a ...

Free Market Updates by Solidecn.com

Bitcoin Below $25,000 The mood of the cryptocurrency market is weak today, with Bitcoin starting to fall after yesterday's Fed decision and slipping from the $26,000 level to $24,800. Unlike the Nasdaq, crypto was unable to make up for the sell-off ...

Free Market Updates by Solidecn.com

USDJPY USDJPY is on the move today with Japanese yen being the worst performing G10 currency while US dollar is one of the top performers. USDJPY is up almost 1% on the day. USD strengthening is driven by yesterday's FOMC meeting, which in spite of ...

Free Market Updates by Solidecn.com

Gold - Chart of the Day Gold traded lower yesterday after the publication of CPI data, with its price falling to $1941 per ounce. Today, gold traded calmly as investors await the Fed's interest rate decision later today. While many expect the rates ...

Free Market Updates by Solidecn.com

Ripple Cryptocurrency RIPPLE gains 5% as fintech lawyers await to get access to internal SEC correspondence in court later today. Ripple has been fighting the SEC for nearly 2 years according to which the cryptocurrency is a security, and the ...

Free Market Updates by Solidecn.com

GBPUSD - Chart of the Day Economic outlook The robust labor data suggest that the UK economy is doing better than predicted despite high inflation and rising central bank interest rates. The job report indicates that workers are demanding and ...

Free Market Updates by Solidecn.com

BTCUSD Bitcoin is currently consolidating within a range of 25,300 to 26,000. The key support level is at 25,300, which has shown significant reactions in the past few months. If the bullish momentum fails to sustain this level, a potential further ...

Free Market Updates by Solidecn.com

US100 Wall Street futures are expected to open higher at the beginning of the new week, with investors eagerly awaiting important Consumer Price Index (CPI) data and the Federal Open Market Committee (FOMC) decision on interest rates later in the ...

Free Market Updates by Solidecn.com

Quadruple Bottom on Oil? Crude oil continues its declines in another week of June. In addition, new Goldman Sachs forecasts for crude have emerged. GS is now pointing to a level of $86 per barrel for Brent at the end of 2023, against a previous ...

Free Market Updates by Solidecn.com

Oil Oil is taking a hit at the beginning of a new week. Brent (OIL) and WTI (OIL.WTI) are trading around 1.5% lower at press time. Recent OPEC actions and announcements provided only a short-term boost for prices and oil quickly resumed pullback. ...

Free Market Updates by Solidecn.com

Palladium Palladium prices have been falling for quite some time - the main reason being an expected oversupply of the metal next year. One of the world's largest producers of the metal, Russian giant Nornickel estimates that the palladium market ...

Free Market Updates by Solidecn.com

JAP225 After a two-day decline from a 33-year peak, Japan's Nikkei share average rebounded on Friday. The Nikkei index surged 1.61% to 32,149.76 by midday, recovering nearly 4% from Wednesday's 33-year high. Index is on track to complete a nine-week ...

Free Market Updates by Solidecn.com