Daily Market Outlook, January 13, 2022 Overnight Headlines Fed See Economic Optimism Showing Cooling Signs In Places Fed Bullard: Four 2022 Interest Rate Hikes Now Found Likely Fed Brainard: Inflation Control Is Fed’s ‘Most Important Task’ Fed Daly Joins Camp That See Rate Lift-Off As Early As March Democrats Fast-Track Voting Rights Bill, Speeding Showdown […]
Type: Bearish ReversalKey Levels:Resistance: 45514.76Pivot: 43995.2Support: 40641.22Preferred Case:Price is abiding to the descending trendline resistance, signifying an overall bearish momentum. We can expect price to drop from pivot level in line with 38.2% Fibonacci retracement towards the 1st Support in line with 78.6% Fibonacci retracement and 61.8% Fibonacci projection. Our bearish bias is further supported […]
• USDJPY broke daily up channel • Likely to fall to support level 113.50 USDJPY currency pair recently broke the key support level 114.50, intersecting with the daily up channel from November and the 50% Fibonacci correction of the upward impulse 3. The breakout of the support level 114.50 accelerated the active short-term correction 4 […]
Mark Cuban said he didn’t focus on the price speculation around cryptocurrencies like Bitcoin and Dogecoin, comparing it to “gamesmanship” akin to that of stocks. 3098 Total views 77 Total shares Comedian and former Daily Show host Jon Stewart said Dallas Mavericks owner and billionaire Mark Cuban broke down the intricacies of the crypto space […]
Boston Beer Co. SAM, +0.82% shares fell in the extended session Thursday after the beer maker slashed its earnings guidance in light of higher-than-expected supply-chain costs and reduced wholesaler inventories. Boston Beer shares fell 7% after hours, following a 0.8% gain in the regular session to close at $488.98. In a filing with the Securities […]