Day: July 14, 2022
Type: Bearish Momentum Key Levels:Resistance: 0.007362Pivot: 0.007296Support: 0.007126 Preferred Case:On the H4, with price moving below the ichimoku cloud and in a descending trend channel and trendline, we have a bearish bias that price will continue to drop from the pivot at 0.007296 in line with the pullback resistance, 61.8% fibonacci projection and -27.2% fibonacci […]
Type: Bearish Momentum Key Levels:Resistance: 3.7979Pivot: 3.5345Support: 3.1892 Preferred Case:On the H4, with RSI moving along the descending trendline and price moving along the descending trendline, we have a bearish bias that price will drop to the pivot at 3.5345 where the 61.8% fibonacci retracement and pullback support are. Once there is downside confirmation of […]
• Gold broke pivotal support level 1725.00 • Likely to fall to support level 1684.00 Gold recently broke below the pivotal support level 1725.00 (former multi-month support from last September). The breakout of the support level 1725.00 is aligned with the clear downtrend that can be seen on the daily charts. Gold can be expected […]
• Citibank under bearish pressure • Likely to fall to support level 42.00 Citibank under the bearish pressure after the price broke below the strong support level 45.25 (which has been steadily reversing the price from the middle of May). The breakout of the support level 45.25 should accelerate the active minor impulse wave (iii) […]
Oil futures declined on Thursday, with U.S. benchmark crude prices marking their lowest settlement since April. “Concerns about faltering demand are beginning to overtake supply worries linked to the Russia-Ukraine war and that is putting pressure on energy futures markets this week,” said Tyler Richey, co-editor at Sevens Report Research, told MarketWatch. West Texas Intermediate […]
Navin Jain, an executive at Mastercard Indonesia, said that Mastercard will support Fasset’s efforts to drive financial inclusion in the country. 1961 Total views 56 Total shares Financial services firm Mastercard has partnered with crypto gateway provider Fasset to co-develop digital solutions that may drive adoption in Indonesia. The collaboration aims to expand financial inclusion […]
Published: July 14, 2022 at 11:56 a.m. ET The U.S.-listed shares of Alibaba Group Holding Ltd. dropped 4.3% in midday trading Thursday, after The Wall Street Journal reported that Shanghai authorities called in the ecommerce giant’s cloud division for talks regarding the theft of a large police database earlier this month. The WSJ report said […]
EURUSD, “Euro vs US Dollar” EURUSD is testing the support level. The instrument is currently moving below Ichimoku Cloud, thus indicating a descending tendency. The markets could indicate that the price may test Tenkan-Sen, at 1.0055 and then resume moving downwards to reach 0.9765. Another signal in favour of a further downtrend will be a […]
EURUSD is balancing close to parity; the Euro enthusiasts are “holding the fort”. The major currency air is still looking weak. The current quote for the instrument is 1.0022. At some point during the day EURUSD is hitting news lows – the latest one is at 0.9996. Most likely, the asset will drop much lower, […]
Montréal – The Canadian Securities Administrators (CSA) is pleased to announce the establishment of the CSA Investor Advisory Panel (CSA IAP), and the appointment of its first members. As announced in 2021, the CSA IAP will provide meaningful insight into retail investors’ interests and support the CSA’s policy development, strengthening Canada’s capital markets while enhancing […]
