Day: May 23, 2022

May 23
GBPNZD, H4 | Potential Bullish Momentum

Type: Bullish RiseKey Levels:Resistance: 1.96554Pivot: 1.94163Support: 1.92756Preferred Case:On H4, price is bouncing off Ichimoku indicator we have a bullish bias that price will rise from our pivot at 1.94163 where horizontal pullback support is and is expected to approach the first resistance level at 1.96554 in line with the swing high resistance.Alternative Scenario:Price may break […]

May 23
CHFJPY Wave Analysis – 23 May, 2022

• CHFJPY broke daily up channel• Likely to rise to resistance level 133.00 CHFJPY currency pair continues to rise after the pair broke through the resistance trendline of the daily up channel from the end of last month. The breakout of this up channel accelerated the active impulse wave (1) which started earlier from the […]

May 23
FTSE 100 Wave Analysis – 23 May, 2022

• FTSE 100 reversed from support zone• Likely to rise to resistance level 7550.00 FTSE 100 index recently reversed up from the support zone lying between the support level 7225.00, lower daily Bollinger Band and the 50% Fibonacci retracement of the upward correction 2 from March. The upward reversal from this support zone stopped the […]

May 23
WEF 2022: Ripple CEO reveals he visited SEC several times before lawsuit struck

Brad Garlinghouse, the CEO of cross-border payments company Ripple, spoke during a panel discussion at the WEF 2022. 4954 Total views 41 Total shares Brad Garlinghouse, the CEO of cross-border payments company Ripple, spoke during a panel discussion Monday at the World Economic Forum in Davos, Switzerland. Garlinghouse, who also occupies a role as a member of […]

May 23
Financial stocks power broadly higher, as J.P. Morgan Chase sees biggest gain in 18 months

Financial stocks enjoyed broad gains Monday, with the sector the best performer of the S&P 500’s SPX, +1.74% 11 major sectors, after J.P. Morgan Chase & Co. JPM, +7.64% raised its outlook for net interest income (NII). The SPDR Financial Select Sector ETF XLF, +3.87% charged 3.8% higher in midday trading, with all 66 equity […]

May 23
WEF 2022: Serious people to stay in crypto despite market setbacks, says CCI CEO Sheila Warren

Sheila Warren, the CEO of Crypto Council for Innovation (CCI), shared her insights in an interview with Cointelegraph at the World Economic Forum. 383 Total views 35 Total shares During the World Economic Forum (WEF) 2022, Sheila Warren, the CEO of Crypto Council for Innovation (CCI), sat down with Cointelegraph to discuss a range of […]

May 23
Stocks open higher after Dow’s 8th straight weekly loss

U.S. stocks opened higher Monday, attempting to bounce after another week of losses for major indexes. The Dow Jones Industrial Average DJIA, +1.11% rose 266 points, or 0.8%, after logging an eight straight weekly fall on Friday, its longest streak of weekly declines since 1932, according to Dow Jones Market Data. The S&P 500 SPX, […]

May 23
Do Kwon shares LUNA burn address but warns ‘LUNAtics’ against using it

Upon a persistent request from the Terra community, Kwon went against his initial plan and publicly shared a burn address for LUNA on Saturday. 6004 Total views 79 Total shares The recent Terra revival plan announced by Do Kwon, the co-founder and CEO of Terraform Labs, received mixed reactions as many questioned the effectiveness of […]

May 23
Bank of America raises minimum wage to $22 an hour

Shares of Bank of America Corp. BAC, -1.71% rose 1.5% in premarket trading Monday, after the moneycenter bank said it raised its U.S. minimum wage of $22 an hour, effective at the end of June. The increase is from $21 an hour in October 2021, and has now increased 47% from $15 an hour in […]

May 23
The cryptocurrency market digest (BTC, ETH, LUNA). Overview for 23.05.2022

The BTC has been growing for three days in a row, and on Monday is consolidating near $30,445. Meanwhile, since the beginning of the year, it has already lost 52% and 58.2% of the high of 28 March. For the past 8 weeks, the BTC has been mostly losing. Here, we should remind you of […]