Day: May 6, 2022
EURUSD, “Euro vs US Dollar” EURUSD is testing the support area. The instrument is currently moving below Ichimoku Cloud, thus indicating a descending tendency. The markets could indicate that the price may test the cloud’s downside border at 1.0555 and then resume moving downwards to reach 1.0275. Another signal in favour of a further downtrend […]
BOE Up NextToday’s BOE rate decision will be the main focus for FX traders. On the back of the .5% hike from the Fed yesterday, some market participants are adjusting their views, anticipating a larger hike than the .25% consensus forecast. However, it is worth noting the differences between conditions for the Fed and the […]
Type: Bullish RiseKey Levels:Resistance: 1105’2Pivot: 1081’4Support: 1065Preferred Case:With price moving above the Ichimoku cloud and and the recent break of the descending trendline which signifies bullish momentum, we have a bullish bias that price will rise to our 1st resistance in line with the 1105’2 in line with the 61.8% Fibonacci retracement and swing high […]
Bitcoin was down more than 10% intraday on Thursday, stabilising at $36.4K from the end of the day and losing 8.3% overnight. Ethereum lost 6.7% in the last 24 hours, while other leading altcoins in the top 10 fell from 5.6% (DogeCoin) to 14% (Avalanche). Total cryptocurrency market capitalisation, according to CoinMarketCap, fell 7.6% overnight […]
Ice Cube said he is down with the “DogeArmy” after Bill Lee bought $625,000 worth of NFTs tied to the rappers’ BIG3 basketball league in DOGE. 1976 Total views 5 Total shares Iconic rapper Ice Cube — also known as O’Shea Jackson Sr — has jumped on the Dogecoin bandwagon with his endorsement of an […]
William Watts is MarketWatch’s senior markets writer. Based in New York, Watts writes about stocks, bonds, currencies and commodities, including oil. He also writes about global macro issues and trading strategies. Before moving to New York, he reported for MarketWatch from Frankfurt, London and Washington, D.C. Source: Marketwatch
Only four days have passed since two of Argentina’s biggest banks opened up to crypto trading but now the central bank has stepped in to block the offerings. 116 Total views 1 Total shares The central bank of Argentina (BCRA) has put the kibosh on financial institutions offering crypto trading only days after two of […]
Boeing Co. BA, -4.14% is moving its global headquarters to Arlington, Va., the aerospace and defense company said Thursday. The Wall Street Journal broke the news about the imminent move earlier Thursday. Boeing vowed to keep a “significant presence” in Chicago, where it moved in 2001. The Northern Virginia campus will “support various corporate functions […]
Washington, D.C. — The Commodity Futures Trading Commission today announced the U.S. District Court for the Southern District of New York entered consent orders against the three co-founders of the BitMEX cryptocurrency derivatives trading platform: Arthur Hayes, Benjamin Delo, and Samuel Reed. The three co-founders are required to pay a total of $30 million civil […]
Bluesky outlined that it is “not possible to have a usable social network without moderation,” and intends to build a moderation model for the network dubbed “speech and reach.” 262 Total views 4 Total shares Twitter’s decentralized social media project Bluesky has released its first batch of code, and also committed to content moderation on […]
