The Rollercoaster Ride of USD/CHF Forecast Hold on Tight as Dollar Weakness Takes the Wheel What’s Happening? Well, well, well…it looks like the Swiss franc is having a moment thanks to the weakening dollar. The USD/CHF pair is feeling the heat and heading towards a steep collapse on the charts. And just when you thought…
Hey there, fellow readers! So, the other day I stumbled upon some news that really caught my attention. Apparently, the New Zealand Financial Markets Authority (FMA) has taken some serious actions against Western Union for breaching their license. Now, you may be wondering what exactly that means and how it could affect you. Let’s break…
Welcome to the Daily Market Commentary! European Shares Stocks Slid Slightly Lower Investors Seizing the Occasion European shares stocks slid slightly lower in Europe on Tuesday, following the trend spotted overnight in Asia, while US futures were mixed. Investors are driving markets lower today, seizing the occasion given by lingering global and local worries to…
USDCNH Minor Wave Y To Complete Intermediate Correction (4) The internal structure of the USDCNH pair hints at the primary zigzag pattern Ⓐ-Ⓑ-Ⓒ. This in the long term forms a cycle correction IV. The final primary wave Ⓒ takes the form of an intermediate 5-wave impulse (1)-(2)-(3)-(4)-(5). The current structure could indicate that bullish intermediate…
Versus Systems Inc. Announces Closing of Previous Deal LOS ANGELES, July 18, 2022 (GLOBE NEWSWIRE) — Versus Systems Inc. (“Versus” or the “Company”) (NASDAQ: VS) today announced that it closed its previous deal, marking a significant milestone for the company. With this latest announcement, Versus Systems continues to solidify its position as a leading player…
Stocks Continue to Rise for Second Day Due to Strong Bank Results – Market Recap Introduction US stocks rose as Wall Street banks posted upbeat results while speculation the Federal Reserve will take a more measured approach to policy tightening eased fears of recession. The S&P 500 gained for a second day, with all but…
Hey there, fellow market enthusiasts! Get ready for a rollercoaster ride in the world of finance this third week of July! With major decisions on the horizon from the European Central Bank and the Bank of Japan, as well as key economic data releases from the UK and Canada, it’s safe to say that we’ll…
Hey there, fellow traders! Let’s talk about daily pivots and what they mean for your trading strategy So, you may have heard about daily pivots and how they can help you make more informed decisions in the forex market. In simple terms, daily pivots are key levels that traders use to identify potential support and…
