Day: March 24, 2022

Mar 24
EURUSD bypasses risks again. Overview for 24.03.2022

EURUSD is back to falling; investors are selling due to increased risks. The major currency pair found itself under pressure on Thursday. The current quote for the instrument is 1.0984. In the last 24 hours, risk aversion returned to global financial markets, including the currency one. There is an opinion that EURUSD might remain under […]

Mar 24
Sugar Futures (SBK2022), H1 Potential Bearish Reversal

Type: Bearish ReversalKey Levels:Resistance: 19.89Pivot: 19.57Support: 19.09Preferred Case:Price is approaching our pivot level of 19.57 in line with 138.2% Fibonacci extension and 78.6% Fibonacci retracement. We see the potential for a bearish reversal towards our 1st support level of 19.09 in line with 38.2% Fibonacci retracement. Our bearish bias is further supported by the stochastic […]

Mar 24
Dax Futures (FDAX1!), H4 Potential For A Rise!

Type: Bullish RiseKey Levels:Resistance: 14870Pivot: 14090Support: 13466Preferred Case:With price moving above the Ichimoku cloud, we have a bullish bias that price will from our Pivot at 14090 in line pullback support and 23.6% Fibonacci retracement towards our 1st resistance at 14870 in line with the pullback resistance and 78.6% Fibonacci retracement .Alternative Scenario:If prices were […]

Mar 24
Nikkei 225 Wave Analysis – 24 March, 2022

• Nikkei 225 broke resistance level 27870.00• Likely to rise to resistance level 28765.00 Nikkei 225 index recently broke through the resistance level 27870.00 (which has been reversing the price from the middle of December). The breakout of the resistance level 27870.00 was preceded by the breakout of the 61.8% Fibonacci correction of the downward […]

Mar 24
Rolls Royce Wave Analysis – 24 March, 2022

• Rolls Royce reversed from resistance level 0.94• Likely to fall to support level 0.850 Rolls Royce recently reversed down from the resistance level 0.94 (which has been reversing the price from the start of March). The resistance zone near the resistance level 0.94 was strengthened by the 50% Fibonacci correction of the downward impulse […]

Mar 24
Almost half of Germans to invest in crypto: Report

The richest country in Europe is coming round to crypto. That’s according to a report by KuCoin which shared some flattering statistics towards the future of crypto in Deutschland.  Notably, 44% of Germans are “motivated to invest in cryptocurrencies to be a part of ‘the future of finance’”; while over a third, “37% of German […]

Mar 24
Home Depot cut its overall workforce but boosted salaried employees by 20% last year

Home Depot Inc. HD, -0.28% disclosed that it cut its overall workforce by 2.8% in the fiscal year ended Jan. 30, 2022, while increasing the number of salaried employees by 19.9%. In the home improvement retail giant’s 10-K annual report filed with the Securities and Exchange Commission late Wednesday, the company said it had 490,600 […]

Mar 24
BAYC’s ApeCoin up 50% this week as its creator raises $450M in new funding

ApeCoin (APE) continued its rebound move Thursday as the firm behind it raised hundreds of millions of dollars in a funding round led by Andreessen Horowitz. APE’s price surged 7.5% intraday to reach around $14.50 per piece. Notably, the token’s upside move came as a part of a retracement rally that started at the beginning […]

Mar 24
Columbia Care loss widens as revenue climbs

Columbia Care Inc. CCHWF, -1.92% CCHW, -2.28% said Thursday its fourth-quarter net loss widened to $53.3 million, or 14 cents a share, from a loss of $43.3 million, or 16 cents a share in the year-ago quarter. The cannabis company’s revenue increased to $139.3 million from $76.1 million. Analysts expected Columbia Care to lose five […]

Mar 24
Press release on the reopening of trading in Argenx SE

ANNOUNCEMENT BY THE FINANCIAL SERVICES AND MARKETS AUTHORITY, PUBLISHED IN APPLICATION OF ARTICLE 78 OF THE LAW OF 21 NOVEMBER 2017 Trading in the financial instruments of Argenx, ISIN NL0010832176 on Euronext Brussels will re-open on 24/03/2022 at 09:00 CET. Source: FSMA