Day: February 2, 2022

Feb 02
Forex Technical Analysis & Forecast 02.02.2022

EURUSD, “Euro vs US Dollar” EURUSD is still growing with the short-term target at 1.1300. Later, the market may start a new correction to reach 1.1220 and then form one more ascending structure with the target at 1.1320. GBPUSD, “Great Britain Pound vs US Dollar” After finishing the ascending wave at 1.3500, GBPUSD is still […]

Feb 02
Dow Jones Wave Analysis – 2 February, 2022

• Dow Jones reversed from support zone • Likely to rise to resistance level 36400 Dow Jones index recently reversed up with the weekly Hammer from the support zone lying between the key support level 33425.00 (which has been reversing the index from the start of 2021) and the lower weekly Bollinger Band. This support zone […]

Feb 02
Natural gas Wave Analysis – 2 February, 2022

• Natural gas broke resistance zone • Likely to rise to resistance level 5.50 Natural gas recently broke the resistance zone lying between the key resistance level 4.500 (top of the previous impulse wave 1) and the 50% Fibonacci correction of the previous sharp downward impulse from November The breakout of this resistance zone accelerated the active […]

Feb 02
BTC price faces crucial trend battle as Bitcoin RSI confirms breakout

Bulls have something to celebrate after a classic on-chain metric prints its first major divergence in months. 5710 Total views 48 Total shares Bitcoin (BTC) may have stopped short of $40,000, but this week’s gains have helped spark a more significant breakout for underlying price strength. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView RSI breaks […]

Feb 02
EIA data show a decline in weekly U.S. crude supplies, but gasoline stockpiles edge higher

The Energy Information Administration reported on Wednesday that U.S. crude inventories fell by 1 million barrels for the week ended Jan. 28. On average, analysts had forecast an increase of 1.1 million barrels, according to a poll conducted by S&P Global Platts. The American Petroleum Institute on Tuesday reported a 1.6 million-barrel decrease, according to […]

Feb 02
Hodlers beware! New malware targets MetaMask and 40 other crypto wallets

Users have been warned against a new malware designed to steal crypto from browser extension wallets such as MetaMask and Coinbase Wallet. 5989 Total views 102 Total shares Security was never the strong suit of browser-based crypto wallets to store Bitcoin (BTC), Ether (ETH) and other cryptocurrencies. However, new malware makes the safety of online […]

Feb 02
American Airlines amends firm Boeing 737 MAX orders to 30, delays delivery of 787-9 aircraft

American Airlines Group Inc. AAL, +2.19% disclosed Wednesday that it amended its firm orders for Boeing Co.’s BA, +4.05% 737 MAX 8 aircraft to 30, with 15 aircraft scheduled for delivery in 2023 and the rest to be delivered in 2024. The increase comes after the air carrier said it amended its purchase agreement dated […]

Feb 02
US bobsledder feels the Bitcoin rhythm and orange pills his fans

Johnny Quinn, a U.S. Olympic Bobsledder and former football player, is the latest celebrity to join the Bitcoin bandwagon. 146 Total views 14 Total shares Olympic bobsledder Johnny Quinn is the latest sporting celebrity to swallow the orange pill. In a Twitter thread, he shared his best of Bitcoin (BTC) education while welcoming the Bitcoin […]

Feb 02
Coronavirus tally: U.S. daily death toll climbs above 2,600 to top autumn peak and move close to pre-vaccine level

The average number of daily deaths from COVID-19 in the U.S. has climbed above 2,600, according to a New York Times tracker, now higher than the peak surge in the fall when delta was dominant and close to the peak last winter, before vaccines were available. Deaths are up 36% from two weeks ago and […]

Feb 02
Fibonacci Retracements Analysis 02.02.2022 (GBPUSD, EURJPY)

GBPUSD, “Great Britain Pound vs US Dollar” As we can see in the H4 chart, after falling and reaching 61.8% fibo, GBPUSD is correcting upwards. If this correctional uptrend is transformed into a proper rising wave, the price may grow to break the local high at 1.3749 and then reach the key resistance at 1.3834. […]