Day: August 30, 2022
The Central Bank of Ireland has engaged with financial services firms to reinforce its consumer protection expectations of all regulated firms that also operate as Direct Debit originators (DDOs). This follows a review of plans submitted from the financial services firms that are amongst the top 20 DDOs in Ireland, which set out the measures they […]
The Central Bank of Ireland welcomes today’s publication of the Central Bank (Individual Accountability Framework) Bill 2022. The Central Bank will continue to work with the Department of Finance throughout subsequent stages as the legislation progresses through the Oireachtas to enactment. Once the Bill has been enacted the Central Bank intends to publicly consult on […]
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 […]
Virtuzone joins the list of mainstream businesses in the UAE, such as JA Resorts and Hotels and Majid Al Futtaim, to officially accept cryptocurrencies following the integration of Binance Pay. 1033 Total views 46 Total shares Binance marked its presence among the Middle East investors by running various licensed operations in Abu Dhabi, Dubai and other […]
Type: Bearish Drop Key Levels:Resistance: 4200.75Pivot: 4077.50Intermediate Support: 4007.25Support: 3948.25 Preferred Case:On the H4, with price moving below the ichimoku indicator, we have a bearish bias that price will drop from pivot at 4077.50 where the pullback resistance, 23.6% fibonacci retracement and 61.8% fibonacci projection are to the 1st support at 3948.25 where the pullback […]
Type: Bearish Drop Key Levels:Resistance: 22420Pivot: 20695Intermediate Support: 19390Support: 18830 Preferred Case:On the H4, with price moving below an ichimoku indicator, we have a bearish bias that price will drop from pivot at 20695 where the pullback resistance and 23.6% fibonacci retracement are to the 1st support at 18830 where the swing low support and […]
Bitcoin (BTC) hodlers are asking questions after 10,000 BTC dormant since 2013 suddenly left its wallet. On-chain data flagged on Aug. 28-29 confirmed a large tranche of Bitcoin had become liquid again after nearly a decade. “Lawless era” Bitcoin hit the road Analysts first began to notice curiously high transaction volumes this weekend as 5,000 […]
GBPUSD, “Great Britain Pound vs US Dollar” GBPUSD is rebounding from Tenkan-Sen. The instrument is currently moving below Ichimoku Cloud, thus indicating a descending tendency. The markets could indicate that the price may test the cloud’s downside border at 1.1805 and then resume moving downwards to reach 1.1395. Another signal in favour of a further […]
EURUSD, “Euro vs US Dollar” As we can see in the H4 chart, after forming an Inverted Hammer reversal pattern close to the support area, EURUSD may reverse in the form of a new rising impulse. In this case, the upside correctional target may be at 1.0065. However, an alternative scenario implies that the price […]
• CHFJPY reversed from resistance level 143.00 • Likely to fall to support level 141.35 CHFJPY currency pair recently reversed down from the key resistance level 143.00 (which stopped the previous impulse waves (5) and (B)) intersecting with the upper daily Bollinger Band. The downward reversal from the resistance level 143.00 stopped the earlier short-term […]
