Day: July 18, 2022
Type: Bullish Rise Key Levels:Resistance: 3.3488Pivot: 3.2843Support: 3.1886 Preferred Case:On the H4, with prices moving above the ichimoku cloud and along the ascending trendline , we have a bullish bias that price will rise to the pivot at 3.2843 in line with the swing high resistance, 50% fibonacci retracement and 78.6% fibonacci projection . Once […]
• EURCHF reversed from support area • Likely to rise to resistance level 0.9960 EURCHF currency pair recently reversed up from the support area located between the key support level 0.9850 and the lower daily Bollinger Band. The upward reversal from this support area started the active minor corrective wave (ii) – which belongs to […]
• Brent reversed from support area • Likely to rise to resistance level 105.00 Brent crude oil recently reversed up from the support area located between the key support level 95.00 (former monthly low from March), lower daily Bollinger Band and the 50% Fibonacci correction of the upward impulse from December. The upward reversal from […]
The Dutch central bank said that the Binance crypto exchange had a “very large number of customers in the Netherlands.” 3183 Total views 64 Total shares Major global cryptocurrency exchange Binance is facing a penalty in the Netherlands after failing to obtain regulatory approval to operate in the country. The central bank of the Netherlands […]
Stocks gave up earlier gains Monday, with the Dow ending about 216 points lower, after Bloomberg reported on cost-cutting efforts taking shape at Apple Inc., a week before the iPhone maker reports quarterly results. The Dow Jones Industrial Average DJIA, -0.69% fell about 216 points, or 0.7%, to end near 31,071. The tech-heavy S&P 500 […]
The crypto industry has endured some infamous bear markets, and the 2022 downturn will be remembered for its acid test of decentralized finance platforms and over-leveraged trading. 2948 Total views 34 Total shares Grayscale Investment’s latest Insight report provides interesting food for thought, pinning the start of the current bear market in June 2022, which could last […]
KFC announced Monday that chicken nuggets, a staple at many fast-food chains, have landed on the menu in Charlotte, NC for a limited time. “While KFC has had bite-sized, nugget-like options like popcorn chicken and ‘Original Recipe Bites’ in the past, starting today, KFC is testing a brand-new and truly unique chicken nugget that is […]
EURUSD, “Euro vs US Dollar” Having finished the ascending wave at 1.0086, EURUSD is forming a new consolidation range around this level. If later the price breaks the range to the upside, the market may start another growth to reach 1.0151, or even extend this structure up to 1.0219; if to the downside – resume […]
EURUSD, “Euro vs US Dollar” As we can see in the H4 chart, EURUSD is trading below the 200-day Moving Average, thus indicating a descending tendency. In this case, the price is expected to test 3/8, rebound from it, and then resume falling to reach the support at 1/8. Still, this scenario may no longer […]
The 200-week moving average keeps bulls in check, and traders are keeping quiet on the chances of a breakthrough so early. 1668 Total views 23 Total shares Bitcoin (BTC) hovered at $22,000 at the July 18 Wall Street open as analysts warned that bulls would not break resistance in one go. BTC/USD 1-hour candle chart […]
