2023

Summary: 1. The British pound successfully closed the gap from the start of the weekly session and continued to rise. 2. The price is attempting to break above Friday’s high, with the nearest target at 1.2307. 3. The Marlin oscillator entering positive territory indicates sufficient momentum to reach the nearest line of the price channel…

1. The Australian dollar experienced a rally, breaking through the significant resistance level at 0.6388 and the balance line on the daily chart. 2. The price is approaching the MACD line at 0.6470, and indications suggest that it will surpass this level due to strong convergence with Marlin pushing the price higher. 3. The primary…

1. The escalating Israeli-Palestinian conflict in the Middle East is drawing market attention, particularly regarding oil prices. Oil prices have already increased by 5-6% due to the potential for further conflict and disruption in the region. 2. Higher oil prices impact the global economy as transportation costs increase, leading to price rises for goods and…

The GBP/USD chart is currently displaying a bearish momentum as it trades below the bearish Ichimoku cloud. This indicates a potential for further downward movement. The first support level at 1.185 is significant as it represents a swing low support, while the intermediate support at 1.1764 is notable due to overlap support and the 50%…

The XAU/USD chart is currently showing bearish momentum, indicating a potential move down toward the initial support level at 1804.71. This support level is considered significant as it represents an overlap of support. On the upside, the first resistance level at 1891.81 is noted as a pullback resistance, potentially limiting further upward movement. Recommended Trade…

1. MakerDAO has secured $6 billion for treasury bill investments. 2. The investment in US government bonds has propelled the governance coin MKR to its highest level since April 2022. 3. MKR has outperformed other major cryptocurrencies, including Bitcoin, with a surge of 77% this quarter. 4. MakerDAO’s decision to invest in short-term US Treasuries…

XBRUSD Summary Trend: Bullish Support: 89.00 Resistance: 98.00 1. Russia and Saudi Arabia agreed to extend their oil supply cuts until the end of 2023, exceeding expectations for a shorter duration.2. The price of XBRUSD (Brent crude oil) broke out of its previous range of $70 to $89, which had persisted for over a year.3….