Day: March 9, 2022

Mar 09
EURUSD is recovering. Overview for 09.03.2022

EURUSD has been correcting and moving away from the local lows for the second consecutive trading session.  The major currency pair continues recovering after plunging earlier this week. The current quote for the instrument is 1.0969. A plunge in EURUSD was the result of investors’ demand for “safe haven” assets, the situation which is very […]

Mar 09
Ichimoku Cloud Analysis 09.03.2022 (USDCHF, BRENT, USDCAD)

USDCHF, “US Dollar vs Swiss Franc” USDCHF is trading at 0.9284; the instrument is moving above Ichimoku Cloud, thus indicating an ascending tendency. The markets could indicate that the price may test Tenkan-Sen and Kijun-Sen at 0.9255 and then resume moving upwards to reach 0.9370. Another signal in favour of a further uptrend will be […]

Mar 09
Investment Bank Outlook 09-03-2022

CIBCFX FlowsRBA Governor Lowe spoke at the AFR Business Summit, indicated that it is plausible for cash rate to be raised later this year but RBA has the time to wait and see before acting. AUD$ barely moved, traded narrow range. Even slight risk-on sentiment didn’t do much. We think that there are still ongoing […]

Mar 09
Sugar Futures (SBK2022), H4 Potential for Bearish Reversal

Type: Bearish ReversalKey Levels:Resistance: 20.15Pivot: 19.78Support: 19.01Preferred Case:We see the potential for bearish reversal from our Pivot at 18.78 in line 161.8% Fibonacci extension towards our 1st resistance at 20.15 with a graphical swing high. Our bullish bias is further supported by stochastic indicator whereby prices are at resistance level.Alternative Scenario: If prices were to […]

Mar 09
Dow Jones Wave Analysis – 9 March, 2022

• Dow Jones reversed from support area• Likely to rise to resistance level 34000.00 Dow Jones index recently reversed up from the support zone set between the strong support level 32325.00 (which has been reversing the price from the start of 2021), 61.8% Fibonacci correction of the upward impulse from lasy year and the lower […]

Mar 09
CHFJPY Wave Analysis – 9 March, 2022

• CHFJPY reversed from support area• Likely to rise to resistance level 125.70 CHFJPY currency pair recently reversed up from the support area located between the key support level 124.00 (which has been reversing the price from the start of February) and the lower daily Bollinger Band. The upward reversal from this support area stopped […]

Mar 09
Crypto.com gives users in excluded countries one week to repay loans

The decision by Crypto.com comes just within a month of BlockFi’s $100 million penalties for its lending products, as many speculate regulatory clampdown could be the potential reason behind the decision. 4363 Total views 41 Total shares Crypto.com is reportedly giving users from countries restricted from its loan program until March 15 to repay their […]

Mar 09
UPDATE: U.S. congressional committee is asking DoJ to investigate Amazon for possible criminal obstruction of Congress: WSJ

A U.S. congressional committee is asking the Justice Department to investigate Amazon.com Inc. AMZN, +1.83% and some of its executives for a potential criminal obstruction of Congress, the Wall Street Journal reported Wednesday, citing people familiar with the matter and a letter it has obtained. The letter is dated March 9 and addressed to U.S. […]

Mar 09
Press release on the suspension of trading in Intervest Offices and Warehouses

ANNOUNCEMENT BY THE FINANCIAL SERVICES AND MARKETS AUTORITY, PUBLISHED IN APPLICATION OF ARTICLE 7, § 3 OF THE LAW OF 2 AUGUST 2002 Trading in the financial instruments of Intervest Offices and Warehouses , BE0003746600, on Euronext Brussels is suspended on the request of the company from 05/05/2017 at 9:00 CET until the publication of […]

Mar 09
Joint public statement FSMA-ESMA regarding Euribor

The Euribor is administered by the Brussels-based European Money Markets Institute (EMMI). In August 2016, the Euribor was declared a critical benchmark by the European Commission[1], in accordance with Article 20 of the Regulation (EU) 2016/1011 “on indices used as benchmarks in financial instruments and financial contracts or to measure the performance of investment funds”[2] […]