Day: August 10, 2022
Monitoring price changes using charts is one way to stay updated on the market trends. However, technical or fundamental analyses and tracking other market metrics are not the only means of becoming a successful trader. For example, a disciplined approach that includes maintaining a trading journal would protect you from making emotional decisions concerning your […]
U.S. stocks opened higher Wednesday, with the technology-heavy Nasdaq Composite leading sharp gains, after an inflation reading for July was lower than expected and eased from June. The Dow Jones Industrial Average DJIA, +1.53% was trading 1.4% higher soon after the opening bell, while the S&P 500 SPX, +1.78% rose 1.7% and the Nasdaq Composite […]
Type: Bullish Rise Key Levels:Resistance: 1846.5Pivot: 1813.9Support: 1786.9 Preferred Case:On the H4, with price going along the ascending channel above the ichimoku cloud, we have a bullish bias that the price may rise from the pivot at 1813.9, which is in line with the overlap resistance and 78.6% fibonacci retracement to the 1st resistance at […]
Type: Bullish Rise Key Levels:Resistance: 13427.50Pivot: 12951.50Support: 12691.50 Preferred Case:On the H4, with price expected to bounce off the stochastic support, we have a bullish bias that price will rise from our pivot at 12951.50 where the pullback support, 23.6% fibonacci retracement and 78.6% fibonacci projection are to the 1st resistance at 13427.50 where the […]
The Nvidia Omniverse is launching a series of new tools for creators and developers in digital worlds to make life in the metaverse more realistic. 430 Total views 36 Total shares Hardware maker Nvidia is ramping up its efforts to make a stand in the Metaverse. On Tuesday, the company revealed a new set of developer […]
Wendy’s Co. shares WEN, -0.47% slid 2.3% in premarket trade Wednesday, after the fast-food company posted weaker-than-expected revenue for the second quarter. Wendy’s had net income of $48.2 million, or 22 cents a share, for the quarter, down from $65.7 million, or 29 cents a share, in the year-earlier period. Adjusted per-share earnings came to […]
The BTC dropped to $23,000. Yesterday’s trading session was emotionally exhausting – market players were selling and the overall picture was more negative than positive. Two days ago, the BTC was going to test $24,400. However, market conditions failed: American exchanges started falling. Technically, it was explained by the fact that their previous growth had […]
AUDUSD, “Australian Dollar vs US Dollar” AUDUSD is correcting inside the bullish channel. The instrument is currently moving inside Ichimoku Cloud, thus indicating a sideways tendency. The markets could indicate that the price may test the cloud’s downside border at 0.6950 and then resume moving upwards to reach 0.7180. Another signal in favour of a […]
Nuri, a German startup crypto bank with 500,000 customers, filed for insolvency on Tuesday, citing major crypto sell-offs, insolvency of Celsius and other crypto funds earlier this year as a reason for the move. The crypto bank said the move will “ensure the safest path forward” for all its customers but also stressed that the […]
Moody’s MCO, -0.74% was downgraded to hold from buy at Deutsche Bank as part of a broader look at information services companies after earnings season. The broker left its price target on Moody’s unchanged, but said its price target represents a 60% premium to market multiples, while historically Moody’s trades at a 30% premium. Moody’s […]
