The shares of Bank of America, the largest financial conglomerate in the US, are moving within the corrective trend of around 34. On the daily chart, the price has left the global downward channel with dynamic boundaries at 27 – 33 and is trying to ...

Free Market Updates by Solidecn.com

USDCHF - A fall is possible. On the daily chart, the fifth downward wave of the higher level 5 develops, within which the first wave (1) of 5 forms. Now, the first wave of the lower level 1 of (1) has formed, and a local correction is ending as the ...

Free Market Updates by Solidecn.com

USDCAD - A fall is possible. On the weekly chart, the downward correctional wave of the higher level 4 develops, within which the wave (C) of 4 forms. Now, the third wave 3 of (C) is developing, within which the first entry wave of the lower level ...

Free Market Updates by Solidecn.com

CAC 40 - French stock market is actively declining The stock index of France continued to decline this week after the financial authorities of the eurozone announced the continuation of aggressive monetary policy at the annual economic symposium in ...

Free Market Updates by Solidecn.com

NZDUSD - Trades within the global downtrend The report of the Statistical Office of the country (Stats NZ) on job occupancy, published yesterday, reflects a stable situation in the national labor market: the number of workers in all sectors of the ...

Free Market Updates by Solidecn.com

USDJPY - strong dollar keeps the pair from falling Since the beginning of the week, macroeconomic releases have not put pressure on the Japanese currency: the unemployment rate in July remained at June (2.6%), and the ratio of the number of ...

Free Market Updates by Solidecn.com

EURUSD - A fall is possible On the daily chart, the downward wave of the higher level C of (B) develops, within which the fifth wave v of (C) forms. Now, the fifth wave of the lower level v of C is forming, within which the wave (v) of v of C is ...

Free Market Updates by Solidecn.com

The shares of PayPal, the American debit payment system, are correcting around 92. On the daily chart, the price is above the resistance line of a wide downwards channel with dynamic boundaries at 55 – 85, however, a trend change is unlikely since ...

Free Market Updates by Solidecn.com

Digital gold under pressure after Jerome Powell's speech The reason for the weakening of "digital gold" and, with it, the majority of alternative digital assets was the Friday comments of the head of the US Federal Reserve, Jerome Powell. At the ...

Free Market Updates by Solidecn.com

AUDUSD - The trading instrument develops a "bearish" momentum Today, the Australian Bureau of Statistics reported an increase in retail sales index in monthly terms by 1.3% compared to 0.2% last month and experts' forecasts of 0.3%, while the ...

Free Market Updates by Solidecn.com

EURUSD - The head of the US Federal Reserve supported the preservation of the "hawkish" course of monetary policy The European economy is slowing down amid reports from representatives of PJSC Gazprom about stopping the gas pumping from August 31 to ...

Free Market Updates by Solidecn.com

Silver - Growth is possible. On the daily chart, a downward correction of the higher level developed as the second wave (2), within which the wave C of (2) formed, and the third wave (3) started. Now, the first entry wave of the lower level i of 1 ...

Free Market Updates by Solidecn.com

The shares of Meta Platforms, which owns the world's largest social network Facebook, are falling around 174. On the daily chart, a global downtrend continues to form, within which the price moves within a sideways corridor of 155 – 180 near its ...

Free Market Updates by Solidecn.com

Crude Oil - The price is in a correction; a fall is possible. On the daily chart, the first wave of the higher level 1 of (1) of C ended, and a downward correction forms as the second wave 2 of (1) of C, within which the wave a of 2 develops. Now, ...

Free Market Updates by Solidecn.com

AUDUSD - long-term downtrend persists The AUDUSD pair is correcting around 0.696 against the background of market participants' expectations of the continuation of the "hawkish" policy of the US Fed. Today at 16:00 (GMT+2), the head of the ...

Free Market Updates by Solidecn.com

USDCAD - Canadian labor market continues to recover The Canadian currency is trying to win back losses against the US dollar against the backdrop of positive macroeconomic statistics from the national labor market. Now the USDCAD pair is correcting ...

Free Market Updates by Solidecn.com

USDJPY - US economy downturn continues in Q2 The price index for corporate goods and services remained at 2.1% YoY, slightly inferior to the 2.2% that analysts forecasted. This morning, data on the core consumer price index in Tokyo in August were ...

Free Market Updates by Solidecn.com

Crude Oil - Growth is possible On the daily chart, the upward wave C forms, within which the first wave 1 of (1) of C developed and a downward correction ended as the second wave 2 of (1) of C. Now, the third wave 3 of (1) has started, within which ...

Free Market Updates by Solidecn.com

Crude Oil - Reducing US oil inventories makes the prices grow Brent crude oil quotes rose above 100 dollars per barrel for the first time since August 12, reaching a resistance level in the 102 area after the publication of US statistics and reports ...

Free Market Updates by Solidecn.com

ADAUSD - Price decline may resume As an additional driver for the asset movement, new challenges are seen with testing a key update of the Cardano Vasil network, which should lead to a significant increase in network performance through the launch ...

Free Market Updates by Solidecn.com