Day: March 31, 2022
ANNOUNCEMENT BY THE FINANCIAL SERVICES AND MARKETS AUTHORITY, PUBLISHED IN APPLICATION OF ARTICLE 34, § 2, PARAGRAPH 3, OF THE LAW OF 2 AUGUST 2002 Trading in Alfacam, ISIN code BE0003868859 on Euronext Brussels will re-open on 31/10/2012 at 09:00am. Source: FSMA
EURUSD, “Euro vs US Dollar” Having finished the ascending wave at 1.1182, EURUSD is expected to form a new descending structure with the first target at 1.1111. After that, the instrument may start another correction towards 1.1140 and then resume trading downwards to reach 1.1010. GBPUSD, “Great Britain Pound vs US Dollar” After completing the […]
USDCHF, “US Dollar vs Swiss Franc” In the H4 chart, after breaking the 200-day Moving Average, USDCHF is trading below it to indicate a possible descending tendency. In this case, the price is expected to break 3/8 and then continue falling to reach the support at 2/8. However, this scenario may be cancelled if the […]
Toronto index set for best monthly gain in five On Thursday, Canada’s commodity-heavy main stock index set a new high and was on track for its best monthly performance in five years, as gold prices rose, lifting precious metal miners. The S&P/TSX composite index of the Toronto Stock Exchange was up 78.12 points, or 0.35 […]
Gold prices increased on Thursday, although the safe-haven metal is poised to post its biggest quarterly gain since September 2020. The war between Russia and Ukraine – which erupted on February 24 last – led to a decline in the appetite for risk and raised the attractiveness of the precious metal. Yesterday, Wednesday, gold prices […]
Type: Bearish ReversalKey Levels:Resistance: 1947.2Pivot: 1938.4Support: 1895Preferred Case:Prices have broken out of our ascending trendline. We see the potential for further bearish continuation from our Pivot at 1938.4 in line with 61.8% Fibonacci retracement towards our 1st support at 1895 in line with 61.8% Fibonacci Projection. Prices are trading below the Ichimoku cloud, further supporting […]
Type: Bullish BounceKey Levels:Resistance: 98.308Pivot: 97.72Support: 97.3Preferred Case:Prices have approached a pivot. We see the potential for a bounce from our Pivot at 97.72 in line with 100% Fibonacci Projection towards our 1st resistance at 98.308 in line with 61.8% Fibonacci Projection. RSI is at levels where bounces previously occurred.Alternative Scenario:Alternatively, prices may dip further […]
• EURUSD reversed from resistance level 1.1140• Likely to fall to support level 1.1000 EURUSD currency pair recently reversed down sharply from the key resistance level 1.1140 (former strong support from January). The resistance area near the resistance level 1.1140 was strengthened by the upper daily Bollinger Band and by the 50% Fibonacci correction of […]
Bitcoin (BTC) has already netted its biggest new buyer almost $200 million in profit from price increases, data suggests. Analysis of the wallet related to blockchain protocol Terra reveals that since it began amassing BTC in Q1 this year, it is up $165 million. Terra co-founder rejects idea LFG moved BTC price The Luna Foundation […]
Oil futures dropped on Thursday as the U.S. announced its biggest-ever release from the nation’s Strategic Petroleum Reserve. President Joe Biden authorized the release of 1 million barrels of oil per day for the next six months. It’s “essentially a temporary measure designed to minimize the spring rally, and to that end, it could increase […]
