Day: June 3, 2022
Financial Industry Regulatory Authority, Inc. (“FINRA”) is filing with the Securities and Exchange Commission (“SEC” or “Commission”) a proposed rule change to amend FINRA Rule 6730 to: (i) require members to report electronically executed transactions in U.S. Treasury Securities to FINRA’s Trade Reporting and Compliance Engine (“TRACE”) in the finest increment captured by the system […]
Barron’s The Future of Digital Currencies Readers weigh in on cryptocurrencies, retirement risks and strategies, Bristol Myers Squibb, Snowflake, and Ben Bernanke’s view of inflation Jun. 3, 2022 at 7:45 p.m. ET Barron’s Where GM Is Creating Its EV Future: Factory Zero The car company has taken a shuttered 1980s-vintage factory and stuffed it full […]
The Ethereum co-founder has often advocated for projects to move away from coin voting in DeFi and DeGov, as it will enable smaller holders to participate in governance. 2745 Total views 37 Total shares Ethereum co-founder Vitalik Buterin has shown support for Optimism’s new governance structure, noting that proposals such as using the OP token […]
Post-Ukraine Climate Realism The problem isn’t ‘existential’ and green energy subsidies won’t fix it. Jun. 3, 2022 at 5:20 p.m. ET by Holman W. Jenkins, Jr. America’s Troubling Lesson From Midway After Pearl Harbor, Japan’s navy rampaged through Southeast Asia until its forces were decimated 80 years ago. Could the U.S. face a similar fate […]
EURUSD, “Euro vs US Dollar” Having completed the ascending structure at 1.0693 and formed a new consolidation range there, EURUSD has broken it to the upside and may continue the correction up to 1.0763. Later, the market may fall to break 1.0674 and then continue moving within the downtrend with the target at 1.0585. GBPUSD, […]
Brent In the H4 chart, Brent is trading above the 200-day Moving Average to indicate a possible ascending tendency. In this case, the price is expected to rebound from 6/8 and resume moving upwards to reach the resistance at 8/8. However, this scenario may no longer be valid if the asset breaks the support at […]
The dollar rose after job growth in the United States exceeded expectations. The US dollar edged higher against a basket of currencies on Friday, as a better-than-expected US employment report pointed to a tight labor market, which could lead to interest rate hikes by the Federal Reserve. Nonfarm payrolls increased by 390,000 jobs last month, […]
The dollar erased gains made in the first half of the weekwhile risk assets posted moderate gains after release of ADP report for May,which was rather pessimistic about US labor market gains. According to the ADPreport, the economy added just 128K jobs, less than half of the 300K forecast.The dollar index left the range of […]
Type: Bullish RiseKey Levels:Resistance: 32154.75Pivot: 29499.38Support: 27331.52Preferred Case:On the H4, with price moving above the ichimoku cloud , we have a bullish bias that price will rise from our pivot at 29499.38 in line with the overlap support to the overlap resistance at 32154.75 in line with the 78.6% fibonacci projection.Alternative Scenario:Alternatively, price may reverse […]
• Apple reversed from resistance level 150.00• Likely to fall to support level 140.00 Apple recently reversed down from the pivotal resistance level 150.00 (former multi-month low from March) intersecting with the 38.2% Fibonacci correction of the downward impulse from March. The downward reversal from the resistance level 150.00 started the active minor correction (b). […]
