Day: March 9, 2022
USDCAD, “US Dollar vs Canadian Dollar” As we can see in the H4 chart, after forming a Hanging Man reversal pattern close to the resistance level, USDCAD is reversing and may form a new correctional impulse. In this case, the downside correctional target may be at 1.2845. However, an alternative scenario implies that the asset […]
EURUSD, “Euro vs US Dollar” After forming a new consolidation range around 1.0886, EURUSD is correcting towards 1.0963. Later, the market may form a new descending structure to reach 1.0793 and then resume growing with the target at 1.1040. GBPUSD, “Great Britain Pound vs US Dollar” GBPUSD is still consolidating below 1.3113. Possibly, today the […]
Type: Bullish ContinuationKey Levels:Resistance: 163’18Pivot: 159’16Support: 157’24Preferred Case:With price moving above the Ichimoku cloud, we have a bias that price will rise from our pivot of 156’00 in line with the 100% Fibonacci projection to our 1st resistance of 159’27 which is also the graphical swing high resistance. Alternative Scenario:Price may dip to the support […]
Type: Bullish BounceKey Levels:Resistance: 1751’4Pivot: 1639’6Support: 1581’4Preferred Case:With price moving above the Ichimoku cloud, we see the potential for a bounce from our Pivot at 1694’2 in line with 38.2% Fibonacci retracement towards our 1st resistance at 1757’4 in line with horizontal swing high resistance. Alternative Scenario:Alternatively, price can potentially dip towards our 1st support […]
“The proverbial doors of policymakers are wide open, this is now a national conversation in the U.S.,” said Circle CEO Jeremy Allaire. 1630 Total views 41 Total shares Joe Biden has signed his 82nd executive order since being sworn into office in January 2021, directly addressing a regulatory framework for digital assets in a rare […]
U.S. stocks ended sharply higher Wednesday, bouncing as investors continued to track the Russia-Ukraine war and its potential economic fallout. The Dow Jones Industrial Average DJIA, +1.15% rose around 653 points, or 2%, to end near 33,285, while the S&P 500 SPX, +2.57% gained 2.6% to finish near 4,278. The Nasdaq Composite COMP, +3.59% jumped […]
Impossible Foods Inc. on Wednesday sued Motif FoodWorks Inc., a plant-based technology rival, for patent infringement. The suit, filed in federal court in Delaware, alleges Motif’s plant-based beef replica product made with bovine myoglobin infringes upon one of Impossible’s patents. “We applaud other companies’ efforts to develop compelling plant-based products, but we do not tolerate […]
Bitcoin (BTC) hit $42,000 on March 9 as an impressive overnight candle saw bulls reclaim support levels. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView Trader: Market “still fragile” Data from Cointelegraph Markets Pro and TradingView showed BTC/USD abruptly “squeeze” through previous resistance at $39,600, going on to deliver 24-hour gains of 11.3%. Amid local highs of […]
Gold futures posted their first loss in five sessions on Wednesday, easing back a day after settling above the $2,000-an-ounce mark for the first time since August 2020. The fall back in prices comes amid a “general shift in sentiment across asset classes,” said Colin Cieszynski, chief market strategist at SIA Wealth Management. Still, “it’s […]
On 25 February 2022, BaFin imposed administrative fines totalling 22,000 euros on Readcrest Capital AG. The sanction related to breaches of section 37v (1) sentence 2 and section 26a (1) of the German Securities Trading Act (Wertpapierhandelsgesetz – WpHG) old version. Readcrest Capital AG failed to publish announcements, stating the date and the website on […]
