Day: March 21, 2022
BTC is slightly declining. Some say that the coin will remain in the range. The borders of the channel are $34,000-$42,000, but the buyers can easily proceed to $45,500. This level needs to be broken if they want to reach $46,000. If they succeed, the market may expect a stable uptrend to $52,000. If they […]
AUDUSD is falling amid global risk aversion. The Australian Dollar is falling against the USD early in the week. The current quote for the instrument is 0.7389. AUDUSD moved away from its 2-week highs amid global risk aversion in financial markets. Risk is now the major trigger on all exchanges. In the meantime, Australian authorities […]
Daily Market Outlook, March 21, 2022 Overnight Headlines White House: US Pres Biden To Visit Poland On Europe Trip This Week China Keeps Benchmark Lending Rates Unchanged, As Expected NZIER Forecasts Show A Mixed Growth Outlook Amidst Higher Inflation New Zealand Posts Monthly Trade Deficit Of NZ$-385Mln In February Hong Kong Eases Travel Curbs That […]
Type: Bearish ReversalKey Levels:Resistance: 1081.6Pivot: 1068.6Support: 1032.6Preferred Case:Prices are on bearish momentum and abiding by a descending trendline. We see the potential for a further bearish continuation from our Pivot at 1068.6 in line graphical overlap, descending trendline, 50% Fibonacci retracement and 23.6% Fibonacci retracement towards our 1st support at 1032.6 in line with 61.8% […]
On 4 March 2022 BaFin imposed administrative fines totalling 136,000 euros on a natural person due to of section 33 (1) sentence 1 of the German Securities Trading Act (Wertpapierhandelsgesetz – WpHG). An appeal may be lodged against the administrative fine order. Update (31.03.2022): The administrative fine order is final and binding. Source: BAFIN
Bitcoin (BTC) starts a new week on a tentatively stronger footing as macro cues curiously stabilize. After a calmer weekend than most recently, BTC/USD managed to seal its highest weekly close since February, casting off concerns that an imminent bout below $40,000 could enter. Instead, conditions are beginning to favor a more bullish perspective on […]
Capri Holdings Ltd. CPRI, -1.19% announced Monday that Emmanuel Gintzburger has been named chief executive of the Versace luxury label, effective September 12, 2022. Gintzburger joins from Alexander McQueen where he has been CEO since May 2016. Alexander McQueen is part of the Kering KER, -0.94% portfolio. Kering announced Monday that Gianfilippo Testa has been […]
Malaysia’s finance minister previously warned that crypto payments were illegal, as they did not meet the universal characteristics of money. 1604 Total views 9 Total shares The Malaysian Ministry of Communications and Multimedia (KKMM) is reportedly backing the adoption of cryptocurrencies, with the deputy minister calling the government to legalize crypto. Deputy communications and multimedia […]
Cronos Group Inc. CRON, +3.74% CRON, +3.62% on Monday named its executive chairman Mike Gorenstein as chairman, president, and CEO of the cannabis company. The move takes effect Monday after Kurt Schmidt retired as CEO. Gorenstein previously worked as CEO of Cronos Group from 2016 to 2020, where he was named executive chairman. Jim Rudyk, […]
In 2021, many young people became active on the stock market. Those in their 20s were the largest group of new investors. This is revealed by the findings of a new stock market study conducted by the FSMA, which is being presented today on the occasion of the start of the seventh annual Money Week. […]
