EUR/USD: Is the Decline Over?

EUR/USD rallied around 200 pips after rebounding from lows. A triangle setup shows an upcoming reversal. The parity zone is crucial for detecting a bottom since the market would breach the triangle’s b-d trend line. EUR-USD rebounds from its lows as we end the month and trading week. The currency surged double-digits yesterday, rallying by … Read more

Stock Market Bottom – Are We in?

Australian markets still trend lower this year. The question remains, when will we bottom? Economists trust more downtrends are impending. Today’s sessions had the Australian markets extending their decline, with the material sector exploring the red in the afternoon. The benchmark ASX/S&P 200 Index lost 72 basis points on the day to 6,507, while the … Read more

TRADE.com Review – What Key Services Are Offered By This Trading Broker?

TRADE.com Review With technological developments, enhanced digitalization, and the availability of thousands of online brokers, it has become relatively easy to start trading. However, becoming part of a sturdy trading community is essential to minimize the impacts of trading’s inherent risks and complexities. In this regard, TRADE.com is a reliable, feature-rich broker that helps clients … Read more

Ethereum: Traders Should Watch This pro-ETH Metric

The crypto bear market seems to prevail, regardless of minor price upticks in a few digital coins. Moreover, the ETH Fear & Greed Index showed Ethereum’s sentiment highlighted fear during this publication. Nevertheless, the increase in fear comes amid Ethereum’s price drop. Despite the mentioned decline, some leading non-exchange and exchange wallets held ETH worth … Read more

Should You Buy Lynas Shares Dip Right Now?

Lynas Corporation has seen its shares in red in 2022, attracting dib buyers. Recently, a broker named Lynas “gold standard” in rare producers’ space. His analysis hinges on escalated geopolitical worries between the Western and China. The Lynas stock price has plummeted substantially within the past six months. Time to buy? The Lynas Rare Earths … Read more

Top Economic Events to Consider This Week

Soaring energy prices threaten European businesses as winter approaches Higher inflation triggered reduced consumer confidence The common currency sees pressure as rate hikes did little to nothing The primary economic event for summer passed, with the Jackson Hole Symposium ending yesterday. Meanwhile, the focus remained on Powell’s Friday remarks. Therefore, the markets didn’t fluctuate much … Read more

Bitcoin (BTC): Investors Should Know This Before Concluding Investment Decisions

Bitcoin noted a downturn performance last week, painting red in its weekly chart. Meantime, these depreciations triggered multiple speculations within the marketplace, as individuals want to know possible upcoming market moves. As always, the trading community has diverse opinions. While some trust trend reversals could appear within the upcoming days, multiple reports indicate otherwise. While … Read more

A Bearish Tale for Europe and the Euro as Winter Approaches

Briefly – Soaring energy prices threaten most businesses in Europe as winter nears Higher inflation leads to plunging consumer confidence The common currency sees pressure as rate hikes by ECB has little impact The worldwide energy prices deteriorate the global population and economies. Meantime, Europe appears more vulnerable. European face the harsh reality of plunging … Read more

City Chic Share Price Drops Another 12% In Grim Week

City Chic shares have seen a fire week following the earnings. The stock has lost approximately 25% within the previous month. The company revealed that trading remained broadly flat Y/Y, with August witnessing a momentum return. The City Chic Collective share trades at $1.79 after losing another 12% during Friday’s sessions. That means the stock … Read more

Bitcoin (BTC): Assessing Possibilities of Crash to $9K

Bitcoin’s struggled to overcome the immediate resistance mark (around $21,000) still sees new dates. The bellwether crypto made some trials to overcome the hurdle at $21,650 but couldn’t succeed. Nevertheless, there could be more pain for the token in the upcoming sessions or days. Pain & Suffering The worry about pain does not end within … Read more

BT Shares’ Triple-Top Setup Suggests More Pain Ahead

Briefly – BT share price hiked today after the government concluded its Drahi review. Patrick Drahi remained the leading stakeholder in the firm. The stock has printed a triple-top setup on the 24hr chart. BT Group’s share saw its price gaining over 2% today as market participants responded to the recent updates about Patrick Drahi’s … Read more