Day: August 10, 2022
Wednesday’s release of the consumer-price index report for July contained enough downside surprises to give stock investors hope the worst of inflation may be behind. Yet an undercurrent of worry remained at big-name firms like Pimco and BlackRock Inc., the world’s largest asset manager. According to Pimco economists Tiffany Wilding and Allison Boxer, the details […]
US bonds remain under selling pressure ahead of the release of the US inflation report today. This makes it more difficult for yields to rise further in the event of a positive surprise, however, the near end of the curve may be more sensitive to the release, since the Fed, as we know, can only […]
Type: Bullish Rise Key Levels:Resistance: 24315Pivot: 22430Support: 20705 Preferred Case:On the H4, with price moving within a bullish channel and expected to bounce off the stochastic support, we have a bullish bias that price will rise from our pivot at 22430 where the pullback support, 61.8% fibonacci retracement and 78.6% fibonacci projection are to the […]
Financial documents of Voyager revealed that they lent nearly $1.6 billion in crypto loans to an entity registered in the British Virgin Islands, the same place Alameda is registered. 1592 Total views 37 Total shares Voyager Digital, the crypto lending firm that went bust due to the crypto contagion initiated by Three Arrow Capital’s (3AC) […]
Gold prices finished slightly higher on Wednesday, above the $1,810 level, after U.S. consumer prices showed signs of slower gains in July. December gold GCZ22, -0.29% [s:gc00] rose $1.40, or about 0.1%, settling at $1,813.70 an ounce on Comex, after the surprisingly large retreat in the consumer price-index to a 8.5% annual rate from 9.1% […]
EURUSD hopes for a local improvement, but there might be surprises. The major currency pair remains positive. The current quote for the instrument is 1.0222. The currency market has been rather quiet for a couple of days. It’s some kind of summer vacation – no news, no statistics, it’s time to relax a bit. However, today […]
EURUSD, “Euro vs US Dollar” EURUSD is still falling towards 1.0187. After that, the instrument may grow to reach 1.0215 and then consolidate above 1.0187. If later the price breaks this range to the downside, the market may resume trading downwards with the target at 1.0128, or even extend this structure down to 1.0080. GBPUSD, […]
• USDCHF broke key support level 0.9480 • Likely to fall to support level 0.9300 USDCHF currency pair recently broke the key support level 0.9480 (which stopped the earlier minor impulse wave 1 at the start of August). The breakout of the support level 0.9480 follows the earlier breakout of the 61.8% Fibonacci correction of […]
• EURUSD broke key resistance level 1.0260 • Likely to rise to resistance level 1.0370 EURUSD just broke the pivotal resistance level 1.0260 (which has been repeatedly reversing the pair from the middle of July). The breakout of the resistance level 1.0260 coincided with the breakout of the multi-month resistance trendline from February and the […]
One Twitter user claimed that they are at “war” with the shorts while encouraging others to post more content about the short squeeze. 1402 Total views 29 Total shares The Celsius (CEL) community has rallied on Twitter once again to fight off short positions against its favored crypto token despite multiple challenges faced by the […]
