Day: March 3, 2022
The FCA said it had opened more than 300 cases into unregistered crypto firms in the last six months, “many of which may be scams.” 1051 Total views 18 Total shares The United Kingdom’s Financial Conduct Authority, or FCA, has announced it has 50 active investigations as part of its efforts to crack down on […]
Sweetgreen Inc. SG, -11.34% reported mixed quarterly results late Thursday, and the stock rallied more than 20% after the fast-casual restaurant said it demonstrated “continued recovery from the pandemic” and benefited from higher prices for its salads and other health-minded meals. Sweetgreen said it lost $66.2 million, or $1.14 a share, in the fourth quarter, […]
USDCAD, “US Dollar vs Canadian Dollar” As we can see in the H4 chart, after forming a Harami 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 1.2700. However, an alternative scenario implies that the […]
European Forex news roundup: The euro continues to struggle in mixed trading. The atmosphere is tepid and uneven today, as the Russia-Ukraine conflict clouds continue to hang over markets. The upbeat tone from yesterday has faded, but there are no indications of larger concerns in the action thus far. European indices are mainly down, with […]
Oil prices hit a new high today – $116.50/bbl for WTI and $119.70/bbl for Brent. The last time the market saw such prices was in October 2008. The Ukrainian conflict is increasingly affecting oil exports from Russia, but surprisingly, this is not a result of sanctions targeting oil production or exports. Refineries reduced demand for […]
Type: Bullish continuationKey Levels:Resistance: 19.46Pivot: 18.78Support: 18.30Preferred Case:Prices are on bullish momentum. Prices might potentially move from pivot level of 18.78 in line with 100% Fibonacci projection and 61.8% Fibonacci retracement towards the 1st resistance level at 19.46 in line with 61.8% Fibonacci retracement and 78.6% Fibonacci projection. Our bullish bias is further supported by […]
• CADCHF reversed from resistance level 0.7300• Likely to fall to support level 0.7250. CADCHF currency pair recently reversed down from the pivotal resistance level 0.7300 (which has been reversing the pair from the start of February). The resistance zone near the resistance level 0.7300 was strengthened by the upper daily Bollinger Band and by […]
• USDCAD reversed from support level 1.260• Likely to rise to resistance level 1.2800 USDCAD currency pair recently reversed up from the key support level 1.260 (which has been reversing the pair from the end of January). The upward reversal from the support level 1.260 stopped the previous intermediate ABC correction 2. Given the prevailing […]
The latest episode in Cointelegraph’s Crypto Stories series’ walks viewers through the history of the pioneering blockchain mobile game as told by its creator. 517 Total views 6 Total shares Cointelegraph interviewed Shaban Shaame, CEO of EverdreamSoft, whose company produced what is considered to be the first blockchain-based mobile game called Spells of Genesis, or SoG, in […]
BTIG technical analyst Jonathan Krinsky said that while the S&P 500 SPX, -0.53% has room to rally further without breaking out of its current downtrend channel, but he remains “cautious” on stocks given that market internals have been “struggling.” In particular, Krinsky noted that the percentage of S&P 500 components that have been trading below […]