Day: February 18, 2022
U.S. stocks closed lower Friday and booked a second week in a row of declines, as investors kept an eye on Russia and Ukraine, fearing an outbreak of war. President Biden is due to speak shortly after the closing bell on Russia tensions, with a focus on “continued efforts to pursue deterrence and diplomacy, and […]
BRENT As we can see in the H4 chart, Brent is trading above the 200-day Moving Average, thus indicating a possible ascending tendency. In this case, the price is expected to test 4/8, break it, and then continue moving upwards to reach the resistance at 5/8. However, this scenario may no longer be valid if […]
USDCAD, “US Dollar vs Canadian Dollar” As we can see in the H4 chart, after forming another Hammer reversal pattern close to the support level, USDCAD is reversing and may form a new ascending impulse. In this case, the upside target may be the resistance area at 1.2815. However, an alternative scenario implies that the […]
Leaving for the weekend, there seem to be more questions about the Russian-Ukrainian tension than there are answers. The diplomatic game is likely to extend much longer than for the upcoming week, which adds to the confidence that traditional safe heavens and greenback will remain immune to sellers’ encroachments for some time.Despite some signs of […]
Amazon Shares at Key JunctureFollowing some initial downside action in response to Q4 earnings, Amazon shares have since been back in demand. Amazon reported a strong beat on earnings per share, which rose to $27.76, well above the $3.61 forecasts. Revenues, however, were slightly lower, which resulted in some short term selling, before price rebounded […]
• GBPCAD reversed from resistance level 1.7300 • Likely to fall to support level 1.7155. GBPCAD currency pair recently reversed down from the resistance level 1.7300 (which has been repeatedly reversing the price from the start of January). The resistance zone near the resistance level 1.7300 was strengthened by the upper daily Bollinger Band. Given […]
Published: Feb. 18, 2022 at 2:56 p.m. ET A Biden administration official on Friday put the blame on Russia for a cyberattack that hit Ukrainian banks earlier this week. “We believe that the Russian government is responsible for widescale cyberattacks on Ukrainian banks this week,” Deputy National Security Advisor for Cyber and Emerging Technology Anne […]
Protesting anti-vax truckers blockading downtown Ottawa, Canada had their fund-raising platform shut down because their host fears the “promotion of violence.” The protesters move to a Bitcoin crowdsourcing funding service. It quickly raised $900,000. Russian troops gather on Ukraine’s borders. Ukrainian NGOs and volunteer groups embrace cryptocurrencies to help defend their country in the event […]
Gold futures fell on Friday to settle below the $1,900 mark, but still gained just over 3% for the week. While “war fears dominate the headlines, I believe the main driving force behind this rally remains rising inflation,” said Peter Spina, president and chief executive officer at GoldSeek.com, adding that there may be a $20 […]
Consultation on a planned General Administrative Act pursuant to Article 42 of Regulation (EU) No 600/2014 of the European Parliament and of the Council of 15 May 2014 on markets in financial instruments and amending Regulation (EU) No 648/2012 (MiFIR) Please note:German version is binding This translation is furnished for information purposes only. The original […]
