Day: April 5, 2022

Apr 05
CSA, IIROC and MFDA update on implementation of new SRO

Good afternoon, We are contacting you today with a status update on work that is underway to implement the new, single enhanced self-regulatory organization (SRO) and new investor protection fund (IPF). Work is progressing well and timing is on track for a completion date of December 31, 2022. This is in keeping with the timeline […]

Apr 05
Equipping New Brunswickers to talk with their kids about money

To promote financial literacy in youth, FCNB is inviting parents, caregivers, teachers and community leaders to talk about money with their children.  Throughout the month of April, FCNB will be sharing resources on social media to help New Brunswickers integrate financial literacy lessons into everyday life. “Knowing where to start can feel overwhelming, but we’re […]

Apr 05
Romania’s central bank raises the key interest rate to 3%, predicting higher inflation.

Romania’s central bank raises the key interest rate to 3%, predicting higher inflation. On Tuesday, Romania’s central bank raised its benchmark interest rate by half a percentage point to 3%, predicting that inflation would rise faster than expected due to the conflict in Ukraine, which is putting pressure on food and fuel prices. Inflation is […]

Apr 05
Light Crude Oil Futures ( CL1! ), H4 Potential For Pullback!

Type: Bearish DipKey Levels:Resistance: 106.47Pivot: 104.7Support: 98.24Preferred Case:Prices are on bearish momentum and abiding by a descending trendline. We see the potential for a dip from our pivot at 104.7 which is a graphical overlap and in line with 61.8% Fibonacci Projection towards our 1st support at 98.24 in line with 61.8% Fibonacci Projection .Alternative […]

Apr 05
Gold Futures (GC!), H4 Potential for Bullish Upside!

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 […]

Apr 05
Natural gas Wave Analysis – 5 April, 2022

• Natural gas breaks round resistance level 6.0• Likely to rise to resistance level 6.270 Natural gas under the bullish pressure after the price broke through the resistance level 5.8 (which has been reversing the price from November. The breakout of the resistance level 5.8 accelerated the active impulse wave 3, which then broke the […]

Apr 05
USDJPY Wave Analysis – 5 April, 2022

• USDJPY reversed from key support level 121.00• Likely to rise to resistance level 125.00 USDJPY recently reversed up with the daily Morning Star from the key support level 121.00 intersecting with the 38.2% Fibonacci correction of the upward impulse from March. The support area near the support level 121.00 was further strengthened by the […]

Apr 05
Bitcoin retail FOMO spiked most since 2017, but BTC price may still be ‘doomed’ — analyst

Bitcoin (BTC) is seeing what looks like panic buying by retail investors, as fresh data shows — but all might not be as it seems. In a tweet on April 4, William Clemente, lead insights analyst at Blockware, revealed a large spike in the BTC supply owned by smaller hodlers. 2022 retail FOMO spike “an […]

Apr 05
Natural-gas futures jump by nearly 6%; oil settles lower

Natural-gas prices rallied Tuesday, buoyed by the recent rise in coal prices amid a proposed European ban on Russian energy. The long-term focus for the energy market will be how quickly the European Union can move away from Russian coal, oil and natural gas, said Phil Flynn, senior market analyst at The Price Futures Group. […]

Apr 05
Biggest future BTC whale explains why Bitcoin was chosen for ‘decentralized Forex reserve’

Terra co-founder Do Kwon reveals that the firm will be buying Bitcoin “in perpetuity” to back new mints of its TerraUSD stablecoin. 5495 Total views 78 Total shares Bitcoin (BTC) is the collateral asset of choice for the world‘s biggest decentralized stablecoin, and one of its top executives says there was no other. Speaking to […]