Day: March 16, 2022

Mar 16
Forex Technical Analysis & Forecast 16.03.2022

EURUSD, “Euro vs US Dollar” EURUSD is consolidating around 1.0970. Possibly, today the pair may expand the range up to 1.0997 and then fall towards 1.0940. If later the price breaks this range to the downside, the market may form a new descending structure to reach 1.0880; if to the upside – resume trading upwards […]

Mar 16
Japanese Candlesticks Analysis 16.03.2022 (XAUUSD, NZDUSD, GBPUSD)

XAUUSD, “Gold vs US Dollar” As we can see in the H4 chart, XAUUSD has formed a Hammer pattern not far from the support level. At the moment, the asset is reversing in the form a new ascending impulse. In this case, the upside target may be the resistance area at 1975.50. At the same […]

Mar 16
Cocoa Futures (CCK2022), H4 Bullish Bounce

Type: Bullish BounceKey Levels:Resistance: 2593Pivot: 2496Support: 2449Preferred Case:Price is abiding by the ascending trendline. We see the potential for bullish bounce from our Pivot level at 2661 in line 61.8% Fibonacci projection towards our 1st Resistance at 2593 in line with 50% Fibonacci retracement. Our bullish bias is further supported by RSI indicator showing price […]

Mar 16
Investment Bank Outlook 16-03-2022

Credit AgricoleAsia overnightThe sustained dip in oil prices along with a bounce in Chinese technology stocks perked up sentiment in Asia. Investors remain wary of regulatory crackdowns from the Chinese or US governments (the latter on China-Russia ties) and cautious ahead of the FOMC decision later today. At the time of writing, most Asian bourses […]

Mar 16
Bitcoin calls traders‘ bluff with fresh $40K fakeout as Fed decision day arrives

Bitcoin (BTC) tested traders‘ neves yet again on March 16 as a fresh spike over $40,000 ended in minutes. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView Shorts feel the burn after abrupt trip to $41,700 Data from Cointelegraph Markets Pro and TradingView showed BTC/USD suddenly surging to highs of $41,700 on Bitstamp before instantly reversing. Two […]

Mar 16
Nordstrom resumes dividend

Nordstrom Inc. JWN, +3.32% said late Wednesday it is reinstating a quarterly dividend, with the company’s board of directors approving a quarterly dividend of 19 cents a share payable April 13 to shareholders of record at the close of business on March 28. Nordstrom shares rose 1.2% in the extended session after ending the regular […]

Mar 16
Regulatory Notice 22-09

Summary FINRA seeks comment on a proposal to accelerate arbitration case processing when requested by parties who are seriously ill or are at least 75 years old. The proposal would help ensure that these parties are able to participate meaningfully in FINRA arbitration by shortening certain case processing deadlines for parties and arbitrators under the […]

Mar 16
New Brunswick Capital Markets Report

The Capital Markets Report provides insight into the activity and development of New Brunswick’s capital markets. In this report you will find: Commentary from stakeholders about the impact of the pandemic on investment decisions and efficient regulation of New Brunswick’s capital markets.  An analysis of trends in capital raising activities, including regional and industry breakdowns.  […]

Mar 16
Crypto startup employee quits after realizing telltale signs of failure

The startup ecosystem has historically played a vital role in shaping the crypto community into an almost $2 trillion industry. However, numerous players bank on this notion to consistently overpromise and underdeliver the big WAGMI dream. Back in December 2021, Redditor busterrulezzz thought they landed their dream job after being hired by a crypto startup […]

Mar 16
White House calls for gasoline stations to lower prices after oil’s drop

White House press secretary Jen Psaki on Wednesday urged operators of gasoline RB00, -1.11% stations to pass on the recent retreat in oil prices CL00, -1.59% to Americans. “Retail gasoline prices are updated at least daily, and if gas retailers’ costs are going down, they need to immediately pass those savings on to consumers,” she […]