Day: April 8, 2022
AUDUSD, “Australian Dollar vs US Dollar” AUDUSD is rebounding from the rising channel’s downside border at 0.7488; the instrument is moving inside Ichimoku Cloud, thus indicating a sideways tendency. The markets could indicate that the price may test the rising channel’s upside border at 0.7515 and then resume moving downwards to reach 0.7265. Another signal […]
BRENT As we can see in the H4 chart, after reaching the “oversold area”, Brent is trading at 0/8. In this case, the price is expected to rebound from this level and resume moving upwards to reach the resistance at 2/8. However, this scenario may no longer be valid if the asset breaks 0/8 to […]
Washington, D.C. — The Commodity Futures Trading Commission today announced the U.S. Court for the Southern District of New York entered an order and a final judgment against Danish resident Casper Mikkelsen, a/k/a Carsten Nielsen, a/k/a Brian Thomson, a/k/a Thomas Jensen, a/k/a Casper Muller, permanently prohibiting him from trading commodity interests, and ordering him to […]
The outgoing week was marked by a continued rise in bond yields of developed countries and hawkish reassessment of the Fed’s interest rate path. At the same time, greenback demand rose, while for the currencies of countries with low interest rates, as well as countries dependent on imports of commodities, it decreased. EURUSD found equilibrium […]
USDCAD Reversal on Watch The combination of lower oil prices this week and fresh hawkishness from the Fed has fuelled a sharp reversal in USDACD. The pair has seen strong reversal candles off the 1.2469 support, potentially carving out a large double bottom at the level, accompanied by strong bullish divergence in momentum studies. With […]
• AUDUSD reversed from resistance zone• Likely to fall to support level 0.7400 AUDUSD currency pair recently reversed down from the resistance zone located between the key resistance levels 0.7545 (June high) and 0.7595 (October barrier) The downward reversal from this resistance zone created the daily Japanese candlesticks reversal pattern Bearish Engulfing. Having just broken […]
Sharyn Alfonsi, a journalist and 60 Minutes correspondent, interviewed Mike Peterson, one of the people who funded the Bitcoin Beach project and encouraged crypto adoption. 909 Total views 13 Total shares 60 Minutes, the CBS news show that has been running since 1968, will feature El Salvador’s Bitcoin Beach in a new episode airing April […]
The Dow closed modestly higher Friday, but all three major stock indexes finished the week lower after the Federal Reserve’s March meeting minutes outlined its tentative plans to cut the size of its $9 trillion balance sheet at a record pace. The Dow Jones Industrial Average DJIA, +0.40% advanced about 139 points, or 0.4% Friday, […]
South Africa has taken another step closer to implementing its central bank digital currency (CBDC) as the South African Reserve Bank (SARB) concludes a technical proof-of-concept for the project. The project titled Project Khokha 2 (PK2) is the second phase of SARB’s Project Khokha (PK1), launched in 2018. It experimented with distributed ledger technology (DLT) […]
Lowe’s Cos. Inc. LOW, +1.98% said late Friday it has appointed Brandon Sink as its chief financial officer, effective April 30. Sink, currently senior vice president of retail finance, succeeds Dave Denton, who is stepping down as CFO to “pursue another opportunity at a publicly traded company outside the industry,” Lowe’s said. Sink and Denton […]
