Day: August 4, 2022
Type: Bullish Rise Key Levels:Resistance: 24310Pivot: 22535Support: 20730 Preferred Case:On the H4, with prices moving within an ascending channel and bouncing off the ichimoku cloud , we have a bullish bias that price will rise from the pivot at 22535 where the pullback support, 50% fibonacci retracement , 61.8% fibonacci projection and 61.8% fibonacci projection […]
Incoming data on the US economy continues to surprise on the upside, triggering massive unwinding of recession bets and luring investors back into risk assets on decreasing uncertainty. One such report was the ISM report on the non-manufacturing sector released yesterday which surprisingly showed that the sector continued to expand in July at a healthy […]
• WTI broke round support level 90.00 • Likely to fall to support level 85.00 WTI crude oil today broke below the key round support level 90.00 (which has been reversing the pair from the end of February). The breakout of the support level 90.00 accelerated the active impulse wave 5 of the intermediate impulse […]
• Amazon rising inside the ABC correction 4 • Likely to rise to resistance level 150.00 Amazon continues to rise inside the sharp upward correction 4, which previously broke the key resistance level 125.00, intersecting with the 38.2% Fibonacci correction of the downward impulse from March. The breakout of the resistance level 125.00, accelerated the […]
Nansen has registered over 130 million addresses and has grown 30% despite the crypto downturn in 2022. 1047 Total views 40 Total shares Despite the general downturn in the cryptocurrency markets throughout the year, Ethereum blockchain analytics platform Nansen has continued to report impressive growth numbers. CEO and co-founder Alex Svanevik recently spoke about Nansen’s growth, […]
U.S. stocks closed mostly lower on Thursday, ahead of the release of Friday’s employment report for July, with investors hoping it will provide insights into whether America’s roaring labor market is exhibiting signs of cooling. The Dow Jones Industrial Average DJIA, -0.26% fell about 85 points, or 0.3%, ending near 32,727, a day after all […]
Bitcoin (BTC) returned to base on Aug. 4 as higher levels gave way to a battle for the 200-week moving average (MA). BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView Battle for classic Bitcoin price trendline rages Data from Cointelegraph Markets Pro and TradingView showed BTC/USD falling to repeatedly test the key bear market trendline as […]
Gold prices finished 1.7% higher on Thursday to reclaim a footing above the key $1,800 mark, as investors focused on the chances of the U.S. economy slipping into a recession. December gold GCZ22, +1.90% GC00, +1.90% closed up 1.7% to settle at $1,806.90 an ounce on Comex, the highest finish for the most-active contract since […]
Notice Comments Summary FINRA has received an increasing number of reports regarding registered representatives and associated persons (representatives) forging or falsifying customer signatures, and in some cases signatures of colleagues or supervisors, through third-party digital signature platforms. Firms have, for example, identified signature issues involving a wide range of forms, including account opening documents and […]
GBPUSD, “Great Britain Pound vs US Dollar” GBPUSD is correcting inside the bullish channel. The instrument is currently moving above Ichimoku Cloud, thus indicating an ascending tendency. The markets could indicate that the price may test the cloud’s upside border at 1.2130 and then resume moving upwards to reach 1.2435. Another signal in favour of […]
