Day: January 28, 2022

Jan 28
Consultation on Q&As regarding advertisements for investment instruments

This newsarticle is not available in English. Please consult the French or Dutch site. Source: FSMA

Jan 28
The “greenback” is extremely strong. Overview for 28.01.2022

EURUSD continues falling; it has dropped to its 2-year lows.  The major currency pair is “knocked down” at the end of the trading week. The current quote for the instrument is 1.1155. So, the USD continues its rally. The key trigger for that is the results of the US Fed January meeting. Market players are […]

Jan 28
Ichimoku Cloud Analysis 28.01.2022 (EURUSD, XAUUSD, GBPUSD)

EURUSD, “Euro vs US Dollar” EURUSD is trading at 1.1151; the instrument is moving below Ichimoku Cloud, thus indicating a descending tendency. The markets could indicate that the price may test Tenkan-Sen and Kijun-Sen at 1.1195 and then resume moving downwards to reach 1.1035. Another signal in favour of a further downtrend will be a […]

Jan 28
Defying the bear market, this automated strategy is up 15% so far in 2022

Let’s be blunt: Being in a bear market sucks profoundly as a crypto trader. Most strategies that work when everything is green lead to losses. Growing the value of a portfolio takes twice as much work for half as much progress. The uncertainty over how long the market will remain down is exhausting. During these […]

Jan 28
AMC stock falls premarket, in danger of matching record 12-day losing streak

Shares of AMC Entertainment Holdings Inc. AMC, -2.86% fell 1.3% in premarket trading, putting them in danger of matching their record 12-day losing streak. The movie theater operator’s “meme stock” had tumbled 36.3% over the past 11 sessions. That matched the 11-day losing streak that ended Jan. 5, 2021, in which the stock had dropped […]

Jan 28
Belgian MP becomes first European politician to accept salary in Bitcoin

The Belgian MP will convert his monthly salary of EUR 5,500 to Bitcoin using the country’s popular cryptocurrency trading platform Bit4You. 1605 Total views 52 Total shares Bitcoin (BTC) craze among lawmakers has reached the Belgian parliament now, as Brussels member of parliament Christophe De Beukelaer became the first European politician to convert his salary […]

Jan 28
Employment costs have another solid gain in fourth quarter

The numbers: The employment cost index rose 1% in the fourth quarter, down from the record 1.3% gain in the July-September quarter, the Labor Department said Friday. Economists polled by the Wall Street Journal had forecast a 1.2% increase. Over the past 12 months, the employment cost index rose an unadjusted 4%, up from 3.7% […]

Jan 28
Qubit Finance suffers $80 million loss following hack

The addresses linked to the hack attack have managed to steal 206,809 Binance Coin from Qubit’s QBridge protocol. 1000 Total views 34 Total shares High-profile hacks have become more prevalent throughout the cryptocurrency market, and Qubit Finance is one of the latest decentralized finance (DeFi) protocols to be exploited by hackers. Hackers were able to […]

Jan 28
Caterpillar reports big profit and revenue beats, but stock slips as costs surge

Caterpillar Inc. CAT, -0.99% reported Friday big profit and revenue beats, as sales of all three of its major business segments rose above expectations, but the stock slipped 0.4% premarket as cost increases outpaced sales growth. Net income nearly tripled, to $2.12 billion, or $3.91 a share, from $780 million, or $1.42 a share, in […]

Jan 28
Fibonacci Retracements Analysis 28.01.2022 (AUDUSD, USDCAD)

AUDUSD, “Australian Dollar vs US Dollar” As we can see in the daily chart, having completed the correction, the asset is forming a new wave to the downside and re-testing 38.2%. The downside targets are 50.0% and 61.8% fibo at 0.6758 and 0.6464 respectively. The resistance is the high at 0.8007. In the H4 chart, […]