Day: February 23, 2022
The cryptocurrency market continues falling and the market sentiment is far from positive. First of all, it happens due to expectations of a future rate hike by the US Fed during its March meeting. Another reason is reactions to geopolitical escalations. It is now clearly seen that the crypto segment has become a “safe haven” […]
EURUSD remains active; the asset is getting back inside its range. The major currency pair keeps responding to the external background changes. The current quote for the instrument is 1.1354. The demand for the “greenback” as a “safe haven” asset remains high; however, investors are no longer overreacting and the global market is reaching […]
CitiEuropean OpenSouring risk continued in Asia, as new headlines shook overnight markets. Russia’s President Putin ordered Russian troops to the breakaway region of Ukraine for “peacekeeping,” further escalating tensions. Subsequent headlines of potential sanctions, further talks as well as criticism from the UN Security Council meeting drew little reactions from markets. DXY continued its march […]
Type: Bullish BounceKey Levels:Resistance: 0.91793Pivot: 0.91534Support: 0.91793Preferred Case:Prices are consolidating in a triangle. We see the potential for a bounce from our Pivot at 0.91534 in line with 200% Fibonacci Projection towards our 1st resistance at 0.91793 in line with 78.6% Fibonacci extension and 23.6% Fibonacci retracement and graphical overlap. RSI is at levels where […]
Ethereum’s native token, Ether (ETH), could reach above $10,000 in the coming weeks as it paints what appears to be an “ascending triangle” technical pattern. Ether’s price technicals: Bullish signs Ascending triangles are bullish continuation setups that appear during an uptrend. Analysts confirm their presence after the price rises upward inside a rising right-angle triangle […]
The ODP Corp. ODP, -3.13% said Wednesday it had net income of $32 million, or 61 cents a share, in the fourth quarter, up from $31 million, or 57 cents a share, in the year-earlier period. Adjusted per-share earnings came to 71 cents, well ahead of the 49 cent FactSet consensus. Sales edged down to […]
United Parcel Service Inc. UPS, -0.19% disclosed Tuesday that its workforce was reduced by about 9,000 employees in 2021, as job cuts in the U.S. more than offset net hiring internationally. The package delivery giant said in its 10-K filing with the Securities and Exchange Commission that it had 534,000 global employees at the end […]
The undisclosed investment will result in ICE becoming a significant minority shareholder in tZero and is another sign of the closing of the divide between equities and crypto assets. 1657 Total views 37 Total shares The Intercontinental Exchange (ICE) has announced a strategic investment in private digital securities marketplace and crypto asset liquidity platform tZero. […]
Read Next SoFi to acquire cloud-based banking platform Technisys in all-stock deal valued at $1.1 bln SoFi Technologies Inc. undefined said Tuesday it has entered an agreement to acquire Technisys, a cloud-based banking platform, in an all-stock deal valued at about $1.1 billion. Under the terms of the deal, Technisys shareholders will receive about 84 […]
AUDUSD, “Australian Dollar vs US Dollar” As we can see in the H4 chart, after breaking the 200-day Moving Average, AUDUSD is trading above it, thus indicating a possible ascending tendency. In this case, the price is expected to break 6/8 and then continue growing to reach the resistance at 8/8. However, this scenario may […]
