Day: February 23, 2022
The two prosecutors leading the Manhattan district attorney’s investigation into former President Donald Trump and his business practices abruptly resigned on Wednesday, the New York Times reported. The resignations came amid a month-long pause in their presentation of evidence to a grand jury, and throw the future of the inquiry into serious doubt, said the […]
GBPUSD, “Great Britain Pound vs US Dollar” As we can see in the H4 chart, GBPUSD is still consolidating around 38.2% fibo and this consolidation range may later be followed by a new rising impulse. The mid-term upside targets may be 61.8% and 76.0% fibo at 1.3833 and 1.3987 respectively. The key support remains at […]
EURUSD, “Euro vs US Dollar” EURUSD is trading at 1.1316; the instrument is moving below Ichimoku Cloud, thus indicating a descending tendency. The markets could indicate that the price may test the cloud’s downside border at 1.1340 and then resume moving downwards to reach 1.1155. Another signal in favour of a further downtrend will be […]
The acute phase of the crisis (probably not the last one) in Eastern Europe has passed and the market focus is once again shifting to the battle of central banks against inflation. Short-term market inflation expectations, which are calculated as the spread between 2Y Treasury yield and 2Y TIPS yield, jumped 9 bps to 3.76%, […]
Shares in Barclays are trading a little higher ahead of the open today following a positive Q4 earnings release. The bank reported earnings per share of $0.36, well above the $0.26 EPS forecasts. Similarly, the bank reported revenues of $7.015 billion, beating the $6.991 billion number Wall Street was looking for. This marks the sixth […]
• Adobe under bearish pressure • Likely to fall to support level 420.00 Adobe under the bearish pressure following the earlier breakout of the support area located between the support level 480.00 (which stopped the price twice in January) and the support level 469.00 (former monthly low from May). The breakout of this support area […]
• EURGBP reversed from support area • Likely to rise to resistance level 0.8400 EURGBP currency pair recently reversed up from the support area located between the key support level 0.8310 (which has been reversing the pair from the start of January) and the lower daily Bollinger Band. The upward reversal from this support area […]
Just as it started to look like the crypto market was staging a comeback and bracing for a new bull run, geopolitical tensions stepped in to drive the price of Bitcoin (BTC) below $40,000 again, with most altcoins seeing deep red as well. Such periods of market uncertainty, however, are not unprecedented, and digital assets’ […]
Gold futures climbed on Wednesday, with haven demand for the precious metal in the wake of the Russia-Ukraine crisis lifting prices to their highest finish since January of last year. “Precious metals continue to shine amid heightened geopolitical risks concerning Ukraine, a struggling global stock market and soaring inflation,” said Fawad Razaqzada, market analyst at […]
The next batch of Cointelegraph’s Top 100 features a U.S. politician, a former social media CEO and the concept of a digital universe. 443 Total views 3 Total shares The Cointelegraph Top 100 list has reached the leading 30 entries, and many notable individuals made it to the top. So far, the list includes many […]
