Day: April 20, 2022
USDCHF, “US Dollar vs Swiss Franc” USDCHF is rebounding from Tenkan-Sen and Kijun-Sen at 0.9422; the instrument is currently moving above Ichimoku Cloud, thus indicating an ascending tendency. The markets could indicate that the price may test the cloud’s upside border at 0.9465 and then resume moving upwards to reach 0.9580. Another signal in favour […]
USDJPY, “US Dollar vs. Japanese Yen” As we can see in the H4 chart, USDJPY is trading within the “overbought area”. In this case, the price is expected to break +1/8 and continue falling to reach the support at 8/8. However, this scenario may no longer be valid if the price breaks the resistance at […]
Type: Bearish ReversalKey Levels:Resistance: 2645Pivot: 2607Support: 2557Preferred Case: We see the potential for a bearish reversal from our pivot level at 2607 which is in line with 38.2% Fibonacci retracement and 100% Fibonacci projection towards our 1st support level at 2557 which is in line with 100% Fibonacci projection along with a graphical swing low […]
Type: Bearish MomentumKey Levels:Resistance: 2418.5Pivot: 2377.0Support: 2305.0Preferred Case:We see the potential for a bearish continuation from our pivot level at 2377.0 along with horizontal overlap resistance towards our 1st support level at 2305.0 in line with 161.8% Fibonacci extension, 78.6% Fibonacci projection and -27.2% Fibonacci expansion.Alternative Scenario:Alternatively, price might break our pivot structure and head […]
A study claiming that psychopaths and others with ‘Dark Tetrad’ personality traits are drawn to crypto has been criticized as “meaningless” for showing very weak correlativity by a psychology expert from The University of Otago. Researchers with backgrounds predominately in marketing and advertising from the Queensland University of Technology (QUT) surveyed 566 people on their […]
Sen. Bernie Sanders, a Vermont independent, is open to running for president in 2024 if President Joe Biden declines to seek reelection, the Washington Post reported Wednesday, citing a campaign memo. “In the event of an open 2024 Democratic presidential primary, Sen. Sanders has not ruled out another run for president, so we advise that […]
Market tracker DappRadar and the Blockchain Game Alliance, or BGA, published the Blockchain Games Report for Q1 2022 on Wednesday. After citing that $720 million was invested into blockchain games and infrastructures in February in a previous report, the latest number for total Q1 investment is $2.5 billion. Venture capitalists and other investors raised $4 […]
Major U.S. stock indexes finished mostly lower on Wednesday, with the Nasdaq Composite pulled down by tumbling shares of Netflix NFLX, -35.12% a day after the streaming service reported a net loss of 200,000 paid subscribers in the first quarter. The Dow Jones Industrial Average DJIA, +0.71% gained about 250 points, or 0.7%, ending a […]
Victoria McLoughlin will be responsible for supervising crypto firms based in the U.K. as well as supporting development of a regulatory framework in line with government policy. 258 Total views 6 Total shares Victoria McLoughlin, who has worked more than 11 years at the Financial Conduct Authority, is temporarily heading the digital assets department of […]
U.S. oil prices posted a modest gain on Wednesday, finding some support following data from the Energy Information Administration, which showed a weekly drop of 8 million barrels in U.S. crude supplies. Prices, however, also saw pressure from worries about the demand outlook, and as Europe appeared reluctant to implement any sort of ban on […]
