Day: May 6, 2022
Karine Jean-Pierre has been promoted to White House press secretary, President Joe Biden announced Thursday in a news release. Jean-Pierre, who has been the White House’s principal deputy press secretary, is taking over from Jen Psaki, who will depart from the White House on May 13, the release said. Reports a month ago said Psaki […]
Type: Bullish BounceKey Levels:Resistance: 1.93575 Pivot: 1.9185Support: 1.90841Preferred Case:On the H4, with price expected to continue moving within the ascending channel and expected to bounce off the support of the RSI indicator, we have a bullish bias that price will rise to our 1st resistance at 1.93575 where the pullback resistance and 50% Fibonacci retracement […]
Type: Bullish BounceKey Levels:Resistance: 40857Pivot: 39079Support: 37505Preferred Case:On the H4, with the recent break of the descending channel and Ichimoku cloud to the bullish side, we have a bullish bias that price will rise to our 1st resistance at 40857 where the pullback resistance and 61.8% Fibonacci retracement is from our pivot at 39079 in […]
• GBPUSD falling inside impulse waves (iii),3 and (3)• Likely to fall to support level 1.2250 GBPUSD currency pair recently broke the key support level 1.2670 (low of wave (B) from the end of 2020). The breakout of the support level 1.2670 accelerated the active weekly downard impulse waves (iii),3 and (3). Sterling can be […]
Despite bouncing from a 45-day low on April 30, Ether (ETH) price is still stuck in a descending channel and the subsequent 9% gain over the past four days was just enough to get the altcoin to test the pattern’s $2,870 resistance. Ether/USD price at FTX. Source: TradingView Federal Reserve monetary policy continues to be […]
Stocks ended sharply lower Thursday, with the Nasdaq Composite COMP, -4.99% dropping 5% as major indexes more than wiped out gains seen the previous session in a relief rally that followed a widely anticipated Federal Reserve rate hike. Tech and other growth stocks were hardest hit as Treasury yields jumped, with the 10-year rate at […]
