Day: June 1, 2022
EURUSD, “Euro vs US Dollar” EURUSD is rebounding from the bearish channel’s upside border. 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 downside border at 1.0630 and then resume moving upwards to reach 1.0990. Another signal in favour of […]
Oil prices rose during trading today, Wednesday, June 1, 2022, after European Union leaders agreed on a partial and gradual ban on Russian oil, coinciding with China ending its closure due to Covid-19 in Shanghai. Oil prices had concluded yesterday’s session, amid volatile trading; US crude turned lower, while Brent crude rose near $123. Oil […]
Type: Bullish ContinuationKey Levels:Resistance: 801.30Pivot: 783.50 Support: 764.45Preferred Case:On the H4, with price moving above the ichimoku cloud , we have a bullish bias that price will continue to rise from the pivot at 783.50 in line with the overlap support to the resistance at 801.30 in line with the 61.8% fibonacci retracement and 78.6% […]
Type: Bearish ContinuationKey Levels:Resistance: 1.2660Pivot: 1.2622Support: 1.2554Preferred Case:With price reversing off the ichimoku cloud resistance, we have a bearish bias that price will drop to our support in line with the horizontal swing low support, 38.2% fibonacci retracement and 23.6% fibonacci retracement from our pivot in line with the horizontal swing high resistance and 50% […]
Binance Labs plans to allocate the latest $500 million fund to projects across various stages — incubation, early-stage and late-stage growth. 821 Total views 24 Total shares Binance Labs, the investment arm of crypto giant Binance, launched a $500 million fund in partnership with global investors including DST Global Partners and Breyer Capital to drive […]
Read Next Barron’s: GameStop, Salesforce, Netflix, Alphabet, Nvidia, and Other Stocks to Watch This Week The stock market is closed on Monday for Memorial Day. Then, GameStop, Salesforce, Chewy, Lululemon, and more earnings. Plus, May jobs data, PMIs, and consumer confidence. Source: Marketwatch
On 31 May 2022, the Chairman of the FSMA took part in the 2022 Convention of the Federation of European Securities Exchanges (FESE). In his keynote speech, he addressed, among other things, the development of the Capital Markets Union within the European Union, financial education and the various initiatives taken by the FSMA in this […]
Richard Lloyd OBE has become Interim Chair of the Financial Conduct Authority, as previously announced on 4 February 2022. He takes over from Charles Randell CBE, who stood down yesterday after four years as Chair. Richard will act as Chair until HM Treasury appoints a permanent successor. A recruitment process is underway. Notes to […]
KuCoin enters the Web3 world with a new decentralized wallet platform featuring cross-blockchain trading, DeFi and NFT functionality. 371 Total views 4 Total shares Cryptocurrency trading platform KuCoin has launched a new decentralized wallet platform as interest in Web3 continues to gather steam. KuCoin Wallet is now live for users, with the browser-based platform paving […]
AmerisourceBergen Corp. ABC, -1.32% said Wednesday that it set a new $1 billion stock repurchase program. That represents 3.1% of the pharmaceutical and health care products company’s market capitalization of $32.42 billion at Tuesday’s stock closing price. As of May 31, the company said it had $321 million remaining from the buyback program it set […]
