Day: April 4, 2022
AUDUSD, “Australian Dollar vs US Dollar” AUDUSD is rebounding from the cloud at 0.7512; the instrument is moving above Ichimoku Cloud, thus indicating an ascending tendency. The markets could indicate that the price may test the cloud’s upside border at 0.7500 and then resume moving upwards to reach 0.7670. Another signal in favour of a […]
Oil prices rose more than 3% during Monday’s trading, with Brent crude trading above $107, with concerns about a tight supply continuing. This comes despite investors’ aspiration to free supplies from strategic oil reserves from consuming countries and the armistice in Yemen; This raised hopes that supply problems in the Middle East might recede. Oil […]
Gold prices rose in trading on Monday, with anticipation of the situation in Eastern Europe, amid expectations of imposing more sanctions on Russia, which supported the precious metal, which is considered a safe haven against geopolitical tensions. Gold prices started their trading on a decline, today, Monday, with the stability of dollar and treasury returns […]
Type: Bullish BounceKey Levels:Resistance: 1959.0Pivot: 1921.0Support: 1910.2Preferred Case:Prices have recently broken out of our descending trendline. We see the potential for further bullish continuation from our Pivot at 1921.0 in line graphical overlap and area of Fibonacci confluences towards our 1st resistance at 1959.0 in line with 61.8% Fibonacci Projection . Our bullish bias is […]
Type: Bullish BounceKey Levels:Resistance: 1033’0Pivot: 985’2Support: 959’0Preferred Case:Prices have approached our Pivot at 985’2 in line with 78.6% Fibonacci Projection. We see the potential for a bounce from our Pivot at 985’2 towards our 1st resistance at 1033’0 in line with 50% Fibonacci retracement and 61.8% Fibonacci Projection. RSI is at levels where dips previously […]
• NZDUSD reversed from key support level 0.6885• Likely to rise to resistance level 0.7000 NZDUSD recently reversed up with the daily Long-Legged Doji from the key support level 0.6885 (former monthly high from January). The support area near the support level 0.6885 was strengthened by the 20-day moving average and 38.2% Fibonacci correction of […]
• EURCHF broke key support level 1.020• Likely to fall to support level 1.01 EURCHF currency pair recently broke the key support level 1.020 (which has been reversing the pair from the start of March). The breakout of the support level 1.020 coincided with the breakout of the 50% Fibonacci correction of the upward ABC […]
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Ethereum’s dominance as the blockchain of choice for DAOs remains strong, but there is a case being made for other chains which may be better suited. 6163 Total views 80 Total shares The crypto community and industry have chosen Ethereum as the chain of choice for most blockchain-based decentralized applications (DApps), but other chains may […]
President Joe Biden on Monday said he is seeking to impose more sanctions on Russia, following the emergence of evidence of civilian executions in Ukraine. He also called for a war crimes trial for Russian President Vladimir Putin, telling reporters in Washington, “this guy is brutal.” Reports of civilian massacres in Bucha, Ukraine, led to […]