Day: June 15, 2022
On Tuesday, the EURUSD major is likely to remain restrained, trading at a quote of 1.0442. All eyes are focused on the meeting of the US Federal Reserve system and its decision about the interest rate. While a week ago people expected growth by 50 base points, according to what the regulator was promising, today […]
EURUSD, “Euro vs US Dollar” The pair completed a wave of correction to 1.0477. Today the market keeps developing a declining wave to 1.0400, and with a breakaway of this level downwards, a pathway to 1.0270 will open. GBPUSD, “Great Britain Pound vs US Dollar” The pair completed a wave of decline to 1.1932. Today […]
Washington, D.C. — The Commodity Futures Trading Commission today announced that the U.S. District Court for the Central District of California entered a consent order on June 7 for a permanent injunction, monetary sanctions, and equitable relief against Daniel Hewko of Fort Bragg, California. The consent order resolves the CFTC’s claims against Hewko in the […]
Type: Bearish MomentumKey Levels:Resistance: 16.990Pivot: 16.725Support: 16.125Preferred Case:On the H1, with price moving below the ichimoku indicator and within the descending channel , we have a bearish bias that price will rise to and drop from our pivot at 16.725 in line with the 38.2% fibonacci retracement and overlap resistance to the 1st support at […]
Type: Bullish RiseKey Levels:Resistance: 781’0Pivot: 759’0Support: 749’2Preferred Case:On the H4, with price moving above the ichimoku cloud and within the ascending trend channel, we have a bullish bias that price will rise from our pivot at 759’0 in line with the overlap support to to 1st resistance at 781’0 in line with the 61.8% fibonacci […]
Bitcoin (BTC) plummeted close to the crucial support of $20,000 as traders panicked and dumped their holdings, fearing an aggressive rate hike by the United States Federal Reserve on June 15. Another reason for the sell-off could be fears of possible contagion if lending platform Celsius and crypto venture capital firm Three Arrows Capital (3AC) […]
All three major stock benchmarks closed sharply higher Wednesday, after the Federal Reserve said it was raising its benchmark interest rate by three-quarters of a percentage point in an effort to fight high inflation. The Dow Jones Industrial Average DJIA, +1.00% rose around 300 points, or 1% higher, while the S&P 500 SPX, +1.46% gained […]
The Food and Drug Administration said late Wednesday that base powder for Mead Johnson’s Enfamil baby formula will begin shipping in June from Singapore to a Minnesota plant. The final product will be available “in the coming weeks,” the FDA said, with monthly follow-on shipments continuing through November. The formula would be used to meet […]
Oil futures ended lower on Wednesday after the Energy Information Administration reported a second straight weekly rise in U.S. crude inventories. Oil prices extended their decline after the Federal Reserve announced its decision to lift the fed funds rate by 75 basis points, the largest hike in almost three decades. West Texas Intermediate crude for […]
The BTC is so low that it looks like an illusion. However, this is the reality – on Wednesday the leading cryptocurrency goes on falling, trading at 21,363 USD. All the negative forecasts have come true, and in quite a short time. The BTC broke through all important support levels and dropped to the important […]
