Day: September 2, 2022

Sep 02
EURO FX Futures (6E1!), H4 Potential For Bullish Rise

Type: Bullish Rise Key Levels:Resistance: 1.01055Pivot: 1.00515Support: 0.99910 Preferred Case:With the price moving above the ascending trendline and crossing the ichimoku cloud, combined with the fundamental news, we have a short term bullish bias that the price may rise from the pivot at 1.00515, where the prices tested many times before to the 1st resistance […]

Sep 02
SPX500USD, H4 | Potential Bearish Drop

Type: Bearish Reversal Key Levels:Resistance: 4094.62Pivot: 3948.57Support: 3740.23 Preferred Case:On the H4, with prices breaking out of the ascending trendline and moving below the ichimoku indicator, we have a bearish bias that price will drop to pivot at 3948.57 where the pullback resistance is. Once there is downside confirmation that price has broken pivot structure, […]

Sep 02
dYdX ends contentious promo claiming ‘overwhelming demand’

The prompt cancellation comes after strong community pushback relating to the requirement of a facial recognition scan in order to receive the deposit bonus. 1028 Total views 12 Total shares Decentralized crypto derivatives exchange dYdX says it has ended its short-lived and contentious $25 first deposit bonus promo amid a wave of backlash over its […]

Sep 02
EURUSD rose a bit. Overview for 01.09.2022

EURUSD managed to recover a little bit after plunging earlier; however, investors are very cautious. The major currency pair may get under pressure on Thursday. The current quote for the instrument is 1.0025. Sure, EURUSD reached parity and even moved a bit higher, but it will be extremely difficult to stay there. The “greenback” is […]

Sep 02
Celsius files to reopen withdrawals for a minority of customers

Beleaguered crypto lender Celsius Network has filed a motion with the United States Bankruptcy Court yesterday to allow customers with digital assets held in certain accounts to be withdrawn.  There’s a catch, however, as the motion will only apply to Custody and Withold Accounts and for custodied assets worth $7,575 or less in value. Celsius […]

Sep 02
Tether requests Roche Freedman to be booted from class action

Bitfinex and Tether’s legal representatives also want the law firm to return or destroy all defendant-issued documents and confirm they haven’t been shared. 449 Total views 22 Total shares USDT-issuer Tether wants law firm Roche Freedman “terminated” as counsel from the Bitfinex and Tether class action lawsuit following a motion from Kyle Roche to be […]

Sep 02
Risk Aversion Grows as Chances of the Fed’s Dovish Pivot Wane

The notion of an ultra-aggressive Fed hiking rates into recession commands the spotlight in the bonds and equity markets, suggesting that risk aversion will likely stay in place for some time. European equity benchmarks continue their march lower, US futures fall, pointing to a red start for the NY session. The EURUSD rate sticks to […]

Sep 02
Market Spotlight: Trading Today’s US ISM Data

US ISM Manufacturing Up Next The latest US ISM manufacturing reading is due later today and will likely be the main focus ahead of tomorrow’s NFP results. The August results is forecast to remain in positive territory at 52.1, down from 52.8 prior. However, on the back of the shockingly bad PMIs we saw just […]

Sep 02
Caution: C4U Capital

The Financial and Consumer Services Commission (FCNB) is warning New Brunswick investors that the following company is not registered to deal or advise in securities in New Brunswick: Name: C4U Capital Date: 2022-09-01 Location: Zurich, Switzerland URL(s):   https://www.c4ucapital.com/ Additional Info: offers services for forex, crpyto, futures, indices, share and stock trading Learn about how […]