Day: February 11, 2022
Eli Lilly & Co. LLY, -1.63% said late Friday that the U.S. Food and Drug Administration has issued an emergency-use authorization for bebtelovimab, the pharma company’s antibody treatment for COVID-19. Bebtelovimab now can be used for the treatment of mild-to-moderate COVID-19 in adults as well as children older than 12 years of age and over […]
William Watts is MarketWatch’s senior markets writer. Based in New York, Watts writes about stocks, bonds, currencies and commodities, including oil. He also writes about global macro issues and trading strategies. Before moving to New York, he reported for MarketWatch from Frankfurt, London and Washington, D.C. Source: Marketwatch
SLP rose, ADA was bought by an unknown investor, while ETH remains attractive. The dynamics of events in the cryptocurrency sector remains quite high, and that makes investors respond and attracts new users. First of all, it’s SLP, which added 220% over the week. It happened after developers of Axie Infinity changed the rules […]
EURUSD, “Euro vs US Dollar” Having completed another ascending structure at 1.1492, EURUSD is correcting downwards to reach 1.1376 and may later consolidate there. If the price breaks the range to the upside, the market may form one more ascending structure towards 1.1404; if to the downside – resume trading downwards with the short-term target […]
Bulgaria is looking to join forces with Greece, Serbia and North Macedonia to create a single gas market, in order to improve diversification of natural gas supplies, in light of the rise in European gas prices to record levels. Southeast European countries have historically relied on imports of Russian natural gas, but can also receive […]
Canadian oil exports from the US Gulf Coast hit a record high in 2021, as global demand grows and markets need heavy crude. Canadian companies exports averaged more than 180,000 barrels a day last year, reaching about 300,000 barrels a day in December, according to Matt Smith, chief oil analyst for the Americas at data […]
Type: Bearish DownsideKey Levels:Resistance: 1836.9Pivot: 1829.7Support: 1815.3Preferred Case:Prices are approaching a strong graphical overlap resistance at our Pivot. We see the potential for bearish downside from our Pivot at 1829.7 in line with 38.2% Fibonacci retracement towards our 1st support at 1815.3 in line with 50% Fibonacci retracement and 50% Fibonacci retracement. Our bearish bias […]
Credit AgricoleAsia overnightRisk-off trading dominated the Asian session as the higher-than-expected US inflation reading and hawkish rhetoric from the FOMC’s James Bullard ramped up market expectations of a more front-loaded rate hiking cycle. UST 10Y yields retreated only modestly from their high of 2.05% and remain above 2%. A majority of Asian bourses and S&P500 […]
• Brent reversed from support zone • Likely to rise to resistance level 93.35 Brent recently reversed up from the support area located between the key support level 90.00 (former resistance from January), 38.2% Fibonacci correction of the upward impulse (i) from January and the support trendline of the daily up channel from December. The […]
• Platinum reversed from resistance zone • Likely to fall to support level 1000.00 Platinum recently reversed down from the resistance zone lying between the pivotal resistance level 1055.00 (which has been reversing the price from last month), upper daily Bollinger Band, 200-day moving average and the 61.8% Fibonacci correction of the downward impulse from […]
