Day: May 25, 2022

May 25
EURUSD may continue rising. Overview for 25.05.2022

After several trading sessions of growth, EURUSD is taking a break on Wednesday. However, the momentum may yet continue in the future.  The major currency pair is slightly correcting on Wednesday. The current quote for the instrument is 1.0699. The statistics published by the US yesterday were an unpleasant surprise. The New Home Sales showed […]

May 25
Forex Technical Analysis & Forecast 25.05.2022

EURUSD, “Euro vs US Dollar” After finishing the correction at 1.0755, EURUSD is forming a new descending impulse towards 1.0533. Later, the market may resume growing to reach 1.0640 and then resume trading downwards with the target at 1.0460. GBPUSD, “Great Britain Pound vs US Dollar” Having completed the correction at 1.2595, GBPUSD is forming […]

May 25
NZDUSD Soars As RBNZ Hikes Rates & Lifts Rates Forecasts

NZD Higher Following RBNZThe New Zealand Dollar continues to trade higher today following a firmly hawkish meeting from the RBNZ overnight. On the back of a recent 4% recovery rally against USD, NZD saw around a further 1% gain overnight as the RBNZ hiked rates for a second consecutive meeting and upgraded its rates forecasts […]

May 25
Soybean Futures ( ZS1! ), H1 Potential for Bullish Bounce

Type: Bullish BounceKey Levels:Resistance: 1718’6Pivot: 1692’4Support: 1676’4Preferred Case:With MACD moving in a bullish momentum and prices breaking the Ichimoku cloud , we have a bullish bias that price will rise to our 1st resistance at1718’6 in line with the 61.8% Fibonacci projection and horizontal swing high resistance from our pivot of 1692’4 in line with […]

May 25
NFT owners reminded to be vigilant after 29 Moonbirds were stolen by clicking a bad link

A malicious link netted a scammer $1.5 million worth of Moonbird NFTs from a Proof Collective member. 2084 Total views 21 Total shares A Proof Collective member has fallen victim to a scam, losing 29 highly-valuable Ethereum (ETH)-based Moonbirds. According to a tweet by Cirrus on Wednesday morning, the victim lost 29 Moonbird nonfungible tokens […]

May 25
Elon Musk commits more cash to Twitter deal, sending Twitter stock higher and Tesla shares lower

Tesla Inc. TSLA, +4.88% Chief Executive Elon Musk increased the amount of cash he is committing to acquiring Twitter Inc. TWTR, +3.91%, according to a Wednesday filing with the Securities and Exchange Commission. Musk increased his commitment by $6.25 billion, with the rest funded by debt financing, according to the filing. Margin-loan commitments for $12.5 […]

May 25
Exchanges show initial support to Terra revival by listing new LUNA token

HitBTC plans to list Terra’s brand new token LUNA on May 27 as the suspended Terra Classic blockchain is expected to revive as Terra 2.0. Source: Cointelegraph

May 25
Valvoline talking to Aramco about a unit sale: WSJ

Valvoline Inc. VVV, +12.59% rallied 13.9% in late afternoon trade on Wednesday after the company’s shares were briefly halted due to volatility. The motor-oil company has been approached about a potential acquisition of part of its business by Aramco, the state-run oil company of Saudi Arabia, The Wall Street Journal reported, citing sources familiar with […]

May 25
Jury discharged in insider dealing trial without a verdict

Having been unable to reach a verdict in a trial at Southwark Crown Court brought by the Financial Conduct Authority (FCA), the jury was discharged. The FCA will now consider whether to seek a re-trial of Stuart Bayes and Jonathan Swann for insider dealing. Notes to editors Stuart Bayes’ date of birth is 11 January […]

May 25
The cryptocurrency market digest (BTC, ADA, USDT). Overview for 25.05.2022

The world is changing fast but the BTC rate remains an island of Buddhistic calmness and balance. The sideways channel between $28,600-$31,250 in the major cryptocurrency isn’t changing. On Wednesday, the BTC is trading at $30,076. We remind you that the area between $29,000-$30,000 remains very important. As long as the price is trading inside […]