Day: May 11, 2022
EURUSD, “Euro vs US Dollar” EURUSD is still consolidating around 1.0530. If later the price breaks this range to the downside, the market may form a new descending structure with the target at 1.0462; if to the upside – start another growth towards 1.0610 or even break this level to extend the structure up to […]
XAUUSD, “Gold vs US Dollar” As we can see in the H4 chart, XAUUSD has formed a Hammer reversal pattern not far from the support area. At the moment, the asset is reversing in the form of another ascending impulse. In this case, the upside target may be the resistance level at 1860.50. At the […]
Type: Bullish RiseKey Levels:Resistance: 1132’6Pivot: 1106’4Support: 1084’4Preferred Case:With price breaking above the Ichimoku cloud and making a new high on the donchian channel, we have a bullish bias that price will rise to our 1st resistance in line with the horizontal swing high resistance and 100% Fibonacci projection from our pivot in line with the […]
Type: Bearish ContinuationKey Levels:Resistance: 791’0Pivot: 784’6Support: 769’4Preferred Case:With price expected to reverse off the Ichimoku resistance, we have a bearish bias that price will drop to our 1st support in line with the horizontal swing low support from our pivot of 784’6 in line with the horizontal swing high support and 38.2% Fibonacci retracement.Alternative Scenario:Alternatively, […]
Rostin Behnam and Gary Gensler make their positions clear in keynote addresses at the annual meeting of the ISDA with Sam Bankman-Fried in attendance. 1107 Total views 46 Total shares The annual meeting of the International Swaps and Derivatives Association (ISDA) began Wednesday in Madrid. United States Securities and Exchange Commission (SEC) chairman Gary Gensler […]
Shares of Netflix Inc. NFLX, -6.35% took a 5.0% hit in afternoon trading Wednesday, putting them on track to close at a five-year low, in the wake of a New York Times report that the streaming video giant plans to launch and ad-supported pricing tier and crack down on password sharing by the end of […]
Bitcoin (BTC) price initially bounced from its recent low at $29,000 but the overall market sentiment after a 25% price drop in five days is still largely negative. Currently, the crypto “Fear and Greed Index,” which uses volatility, volume, social metrics, Bitcoin dominance and Google trends data, has plunged to its lowest level since March […]
All three major U.S. stock benchmarks closed lower Wednesday, with Dow Jones Industrial Average booking a fifth straight day of losses, as investors parsed fresh inflation data showing the annual pace slowed less than expected. The Dow Jones Industrial Average DJIA, -1.02% closed down about 1%, while the S&P 500 SPX, -1.65% fell about 1.6% […]
The supply chain tracking project has a comfortable cushion in its Foundation treasury, but expenditures were very low through the first quarter of 2022. 6635 Total views 33 Total shares The VeChain Foundation has released its financial report for Q1 2022, showing that the project amassed an impressive $1.2 billion war chest but only spent […]
Shares of Rivian Automotive Inc. RIVN, -9.27% tumbled 12.0% in afternoon trading toward a record low, following Ford Motor Co.’s F, -3.97% disclosure that it sold more than $200 million worth of the electric vehicle maker’s stock. Ford’s share sale came after the lockup agreement in Rivian’s initial public offering expired on Sunday. Meanwhile, ecommerce […]
