Day: February 17, 2022
Shares of Novavax Inc. NVAX, +0.81% gained 1.8% in trading on Thursday after the company said its COVID-19 vaccine has been authorized by Health Canada. Canada has already ordered 52 million doses of Novavax’s vaccine, and the contract includes the option to order an additional 24 million doses. The protein-based vaccine, which requires two doses, […]
The major currency pair is falling a bit on Thursday after rising the day before. EURUSD is slightly retreating on Thursday after adding some weight in the middle of the week. The current quote for the instrument is 1.1360. The Retail Sales in the US added 3.8% m/m in January after losing 2.5% m/m […]
EURUSD, “Euro vs US Dollar” Having completed the ascending wave at 1.1394 along with the descending structure towards 1.1324, EURUSD is expected to consolidate between these two levels. If the price breaks this range to the downside, the market may continue the correction to reach 1.1255; if to the upside – resume trading within the […]
Type: Bearish ReversalKey Levels:Resistance: 2.05483Pivot: 2.04976Support: 2.03089Preferred Case:Prices have recently broke of our ascending trendline. We see the potential for further bearish drop from our Pivot at 2.04976 in line with 78.6% Fibonacci retracement towards our Take Profit at 1st support at 2.03089 in line with 61.8% Fibonacci retracement and 61.8% Fibonacci extension. RSI is […]
Type: Bullish BounceKey Levels:Resistance: 3412Pivot: 3041Support: 2837Preferred Case:Price is expected to bounce off the Ichimoku support and horizontal overlap support at our pivot of 3041. We are biased that price will rise to 1st resistance at 3412 in line with the 127.2% Fibonacci extension level and horizontal swing high resistance.Alternative Scenario:Alternatively, price may break pivot […]
Bitcoin (BTC) dipped below $43,000 on Feb. 17 as another day on ranging compounded hopes for an incoming breakout. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView Fed teases over rate hikes Data from Cointelegraph Markets Pro and TradingView showed BTC/USD acting in a slightly widened zone with $44,500 as a ceiling over the past 24 hours. […]
Goldman Sachs Group Inc. GS, -2.20% CEO David Solomon on Thursday said Solomon said 2022 will mark a shift from low interest rates and tame inflation to tighter borrowing conditions and above-trend inflation. In its first investor day since 2020, the financial services provider boosted its 2024 financial targets. The bank now expects to book […]
The crypto license legislation might be the first nationwide crypto-focused regulation. However, various free zones in the country had introduced crypto regulations as early as 2018. 712 Total views 24 Total shares The United Arab Emirates is reportedly planning to issue a federal crypto license for virtual asset service providers by the end of the […]
Bubble Wrap maker Sealed Air reported fourth-quarter net income totaling $180.9 million, or $1.20 per share, up from $142.2 million, or 91 cents per share, last year. Adjusted EPS of $1.12 missed the FactSet consensus for $1.13. Sales of $1.532 billion were up from $1.341 billion and ahead of the FactSet consensus for $1.489 billion. […]
Oil and gas giant ConocoPhilips has entered the Bitcoin mining business in a bid to profitably reduce carbon emissions. 3495 Total views 54 Total shares International oil and gas giant ConocoPhilips is dipping its toes into Bitcoin (BTC) mining as a way to eliminate the wasteful practice of flaring. According to a report from CNBC, […]
