Day: May 23, 2022
XAUUSD, “Gold vs US Dollar” XAUUSD is rebounding from the cloud. 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 1845.00 and then resume moving upwards to reach 1910.00. Another signal in favour of a further uptrend […]
EUR Rallying on Lagarde CommentsEUR is rallying today on the back of comments from ECB president Christine Lagarde earlier this morning. Writing in a blog post today, Lagarde said: “I expect net purchases under the APP to end very early in the third quarter. This would allow us a rate lift-off at our meeting in […]
Type: Bullish BounceKey Levels:Resistance: 1.61977Pivot: 1.60998Support: 1.60349Preferred Case:On H4, price has bounced off Ichimoku indicator thus we have a bullish bias that price will continue to rise from our pivot at 1.60998 to 1st resistance swing high at 1.61977 and intermediate resistance at 1.61493 in line with 50% fibonacci retracement. Ascending trendline on RSI further […]
The FCA, jointly with the Bank of England, and with the endorsement of the Treasury, has today published a Discussion Paper on Money Market Fund (MMFs) reform. This seeks views to inform the development of MMF reform proposals. The FCA has also published guidance on the UK MMF Regulation. MMFs are a type of open-ended […]
Upon a persistent request from the Terra community, Kwon went against his initial plan and publicly shared a burn address for LUNA on May 21. 839 Total views 4 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 […]
