Day: February 15, 2022
Bitcoin (BTC) opted for fresh upside on Feb. 15 as a trip to near $40,000 saw an abrupt change of direction. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView RSI prints classic bull signal Data from Cointelegraph Markets Pro and TradingView showed BTC/USD gaining swiftly overnight into Tuesday, going on to pass $44,000. A classic relative strength […]
Shares of La-Z-Boy Inc. LZB, +2.71% dropped more than 8% in the extended session Tuesday after the furniture maker reported mixed fiscal third-quarter results and detailed multiple COVID-19 snags that hindered production amid ongoing high demand for its furniture items, which include its well-known recliners. La-Z-Boy said it earned $28.5 million, or 65 cents a […]
Warren Buffett’s Berkshire Hathaway dumped a portion of its Visa and Mastercard holdings and increased exposure in Nubank, the largest fintech bank in Brazil that’s also popular among the country’s Bitcoin investors. In a securities filing late Feb. 14, the industrial conglomerate disclosed that it had purchased $1 billion worth of Nubank Class A stock […]
Marriott International Inc. MAR, +5.24% disclosed Tuesday that it had 120,000 employees at the end of 2021, including 97,000 employees in the U.S., according to the hotel operators 10-K filing with the Securities and Exchange Commission. That’s down 0.8% from 121,000 employees at the end of 2020, which included 98,000 U.S. employees. The hotel operator’s […]
EURUSD, “Euro vs US Dollar” As we can see in the daily chart, the asset is quickly correcting to the upside after convergence on MACD. After reaching and testing 23.6% fibo, the pair has started a slight pullback within this correctional uptrend. After this pullback is over, the price may form another rising impulse towards […]
EURUSD, “Euro vs US Dollar” Having completed another descending structure at 1.1280, EURUSD is expected to grow towards 1.1334 and then fall to reach 1.1307, thus forming a new consolidation range between the two latter levels. If the price breaks the range to the upside, the market may form one more ascending structure with the […]
Oil prices deepened their losses by about 3.5% during trading on Tuesday, with Brent crude falling below $ 93 a barrel, with signs of easing geopolitical tensions between Russia and Ukraine. The Russian Defense Ministry announced the return of some of its forces to their bases after carrying out exercises in the southern and western […]
Type: Bearish ReversalKey Levels:Resistance: 1889.8Pivot: 1880.5Support: 1853.4Preferred Case:Prices are at a recent high and also a strong graphical resistance. We see the potential bearish reversal from our Pivot at 1876.7 in line with 100% Fibonacci extension towards our area of 1st support at 1853.4 in line with 127.2% Fibonacci Projection and 23.6% Fibonacci retracement. Our […]
CitiEuropean OpenA relatively quiet morning in Asia that saw DXY slightly lower after continuing its grind higher post the European close. UST yields were down in Asian trading by a tad as well, following yesterday’s spike in yields following Bullard’s comments yesterday. G10 currencies were stronger against the dollar generally, while equity markets remained volatile. […]
• GER50 reversed from support zone • Likely to rise to resistance level 34000.00 GER50 index recently reversed up from the support zone located between the key support level 32120.00 (which stopped wave (C) in January) and the lower daily Bollinger Band. The upward reversal from this support zone created the daily Hammer reversal signal […]
