Day: August 3, 2022
Type: Bearish Drop Key Levels:Resistance: 8.055Pivot: 7.665Support: 7.340 Preferred Case:On the H4, with price breaking the ascending trendline, we have a bearish bias that price may drop from our pivot at 7.665 where the overlap resistance is to the 1st support at 7.340, where the 50% fibonacci retracement is. Alternative Scenario:Alternatively, price could rise to […]
Type: Bullish Rise Key Levels:Resistance: 4201.75Pivot: 4072.00Support: 3948.25 Preferred Case:On the H4, with price moving within an ascending channel and above the ichimoku indicator, we have a bullish bias that price will rise from our pivot at 4072.00 where the pullback support and 23.6% fibonacci retracement are to the 1st resistance at 4201.75 where the […]
• EURJPY reversed from support level 133.30 • Likely to rise to resistance level 136.75 EURJPY currency pair recently reversed up from the key support level 133.30 (which stopped wave 2 in May) – standing far outside of the lower daily Bollinger Band. The upward reversal from the support level 133.30 created the daily candlesticks […]
• CADJPY reversed from support level 102.00 • Likely to rise to resistance level 105.00 CADJPY currency pair recently reversed up from the key support level 102.00 (former resistance from April, which stopped the earlier minor correction (a) in June). The support zone near the support level 102.00 was strengthened by the lower daily Bollinger […]
Bitcoin (BTC) miners now own more BTC than at any time in history as the impact of the past months’ turbulence wears off. According to data from on-chain analytics firm CryptoQuant, miners’ BTC holdings increased dramatically in July. Miners keep stacking sats In the latest sign of miners recovering from recent price weakness, the amount […]
Shares of Tupperware Brands Corp. TUP, +35.77% rocketed 60.6% toward a three-month high in morning trading Wednesday, enough to pace all NYSE gainers, after the food storage containers maker reported a sharp drop in second-quarter profit, but beat expectations by a wide margin, as raised prices and improved service helped offset inflation and supply chain […]
Shares of Moderna Inc. MRNA, -0.43% gained 3.8% in premarket trading on Wednesday after the company beat earnings and revenue expectations in the second quarter of the year. Moderna had net income of $2.2 billion, or $5.24 per share, in the second quarter of the year, down from $2.8 billion, or $6.46 per share, in […]
After moving away from its 8-week low, USDJPY is recovering. The Japanese Yen is falling against the USD on Wednesday. The current quote for the instrument is 133.17. The Yen was in demand when the US bond yield was plunging and the “greenback” was getting weaker, but these tendencies are now over. Nevertheless, the Yen […]
EURUSD has plunged in the last 24 hours; the “greenback” is in demand. The major currency pair plummeted. The current quote for the instrument is 1.0180. Demand for “safe haven” assets went up and the USD took advantage of the situation. Geopolitics, of course, is talking on the central stage. We’re talking about the speaker […]
Shares of Applied DNA Sciences Inc. APDN, +311.16% skyrocketed 353.7% higher in very volatile trading Tuesday, after the biotechnology company said it initiated validation of a monkeypox virus test. Trading volume spiked to 73.1 million shares, compared with the full-day average of about 256,450 shares. The stock has been halted no less than 27 times […]
