Day: July 18, 2022
Snap Inc.’s SNAP, +5.49% stock price target was reduced by Credit Suisse on Monday ahead of the company’s second-quarter earnings on Thursday, July 21. Credit Suisse lowered its target for the Snapchat parent to $45 from $59 amid concern about rotating advertising budgets and economic headwinds. On May 23 Snap said it will likely miss […]
Germany intends to restart 16 power plants running on fossil fuels, mainly coal and oil, to avoid electricity shortages due to an expected Russian cut in exports to Berlin, The Kyiv Independent reported on Sunday 17 July. The newspaper pointed out that German Chancellor Olaf Scholz stressed that his country did not intend to return […]
Oil prices rise 3% .. and Brent crude is near 104 dollars Oil prices rose nearly 3% during Monday’s trading, supported by a weak dollar and tight supplies. Prices continued to gain, offsetting concerns about a recession and the possibility of a widespread coronavirus shutdown in China; Which again led to reduced demand for fuel. […]
Last week was marked by highly volatile expectations regarding the FOMC July decision: after release of the CPI for June, which showed inflation accelerating to 9.1%, the chances of a 100 bp rate hike soared to 84%, but already on Friday, the retail sales report and inflation expectations from U. Michigan again made 75 bp […]
Type: Bullish Rise Key Levels:Resistance: 25375Pivot: 22500Support: 18880 Preferred Case:On the H4, with prices moving above the ichimoku cloud , we have a bullish bias that price will rise to the pivot at 22500 in line with the swing high resistance and 100% fibonacci projection . Once there is upside confirmation of price breaking pivot […]
The total market capitalization for all of the cryptocurrencies has surged past $1 trillion in a day of big green candles. 2171 Total views 37 Total shares Bye bye Monday blues, hello bullish news – the total crypto market capitalization has retaken the $1 trillion level. The crypto market cap is now almost as valuable […]
Charles Schwab Corp. SCHW, +0.77% shares rose 4.7% in premarket trades Monday after the brokerage firm said its second-quarter profit rose by 42% to a record and its adjusted profit and revenue beat Wall Street estimates. The Westlake, Texas-based company said its earnings for the three months ended June 30 jumped to $1.79 billion, or […]
Bitcoin’s price had just topped $21,000 at the time of writing — meaning around 45% of BTC holders have an “on-paper loss,” according to Glassnode. 6011 Total views 43 Total shares The majority of Bitcoin (BTC) has been hodled for at least three months in behavior bearing a striking resemblance to previous Bitcoin market bottoms, […]
EURUSD, “Euro vs US Dollar” EURUSD is testing the resistance area. The instrument is currently moving below Ichimoku Cloud, thus indicating a descending tendency. The markets could indicate that the price may test the cloud’s downside border at 1.0125 and then resume moving downwards to reach 0.9845. Another signal in favour of a further downtrend […]
EURUSD, “Euro vs US Dollar” As we can see in the H4 chart, the asset has formed a Long-Legged Doji reversal pattern close to the resistance area. At the moment, EURUSD may reverse in the form of another descending impulse. In this case, the downside target may be at 0.9950. However, an alternative scenario implies […]
