Day: July 27, 2022

Jul 27
Ichimoku Cloud Analysis 27.07.2022 (GBPUSD, USDJPY, USDCHF)

GBPUSD, “Great Britain Pound vs US Dollar” GBPUSD is rebounding from Tenkan-Sen and Kijun-Sen. The instrument is currently moving above Ichimoku Cloud, thus indicating an ascending tendency. The markets could indicate that the price may re-test Kijun-Sen at 1.2010 and then resume moving upwards to reach 1.2270. Another signal in favour of a further uptrend […]

Jul 27
Forex Technical Analysis & Forecast 27.07.2022

EURUSD, “Euro vs US Dollar” Having completed the descending wave at 1.0133, EURUSD is forming a new consolidation range around this level. If later the price breaks the range to the upside, the market may correct up to 1.0200; if to the downside – start a new decline with the short-term target at 1.0033. GBPUSD, […]

Jul 27
Backlash as Harmony proposes minting 4.97B tokens to reimburse victims

Under the proposal, there would be either a 100% reimbursement via 4.97 billion new ONE tokens or a 50% reimbursement with 2.48 billion ONE tokens. Source: Cointelegraph

Jul 27
Banks and tech stocks lift European stocks in early trade

Steven Goldstein is based in London and responsible for MarketWatch’s coverage of financial markets in Europe, with a particular focus on global macro and commodities. Previously, he was Washington bureau chief, directing MarketWatch’s economic, political and regulatory coverage. Follow Steve on Twitter: @MKTWgoldstein. Source: Marketwatch

Jul 27
Micro GBP/USD Futures (M6B1!), H4 Potential For Bullish Rise

Type: Bullish Rise Key Levels:Resistance: 1.2181Pivot: 1.2061Support: 1.1955 Preferred Case:On the H4, with prices moving within an ascending channel and above the ichimoku indicator, we have a bullish bias that price will rise from the pivot at 1.2061 where the pullback support is to the 1st resistance at 1.2181 where the overlap resistance, 61.8% fibonacci […]

Jul 27
MICRO E-MINI S&P500 INDEX FUTURES (MES1!), H4 Potential For Bearish Drop

Type: Bearish Momentum Key Levels:Resistance: 4091.00Pivot: 3998.25Support: 3738.00 Preferred Case:On the H4, with price moving in a descending trendline and RSI also showing a descending trendline, we have a bearish bias that price will continue to drop from the pivot at 3998.25 at the swing high in line with the 61.8% fibonacci retracement to the […]

Jul 27
Meta raises prices on Quest 2 headsets by $100, starting Aug. 1

Facebook parent company Meta Platforms Inc. META, -4.50% on Tuesday said it is raising the price of Meta Quest 2 headsets by $100 to $399.99 (128GB) and $499.99 (256GB), starting Aug. 1. The company reports second-quarter results on Wednesday. Rival Apple Inc. AAPL, -0.88% is reportedly readying a headset of its own, for a possible […]

Jul 27
Fiscal policy and planning for resilience

At last week’s meeting of the ECB’s Governing Council, we decided to increase our main policy rate by 50 basis points.  This continues the normalisation of our monetary policy, a path that we had started to travel on last December. Our aim is to dampen the inflationary pressures that we’re seeing in the euro area […]

Jul 27
Higher real income growth, reduced spending and precautionary savings contributed to significant increase in Irish household deposits during the pandemic

Central Bank Economic Letter finds that, while household deposits increased across all euro-area countries during the pandemic, Irish deposit growth was among the highest, exceeded only by Baltic countries. Unlike Ireland, these countries had very high pre-pandemic deposit growth, marking the Irish experience as exceptional. While the virus and related restrictions reduced spending, a higher […]

Jul 27
Challenges and opportunities for a financial services ecosystem in transition – Makhlouf

Governor of the Central Bank of Ireland Gabriel Makhlouf spoke this afternoon about current trends in the Irish, German and Eurozone economies, as well as opportunities and challenges in the financial system at an event hosted by the Consulate General of Ireland and IHK Frankfurt, in partnership with Verband der Auslandsbanken in Frankfurt, Europa Union […]