Day: September 8, 2022
• IBM reversed from strong support level 126.00 • Likely to reach resistance level 130.00 IBM recently reversed up from the strong support level 126.00 (which stopped all previous downward correction from April), intersecting with the lower daily Bollinger Band. The upward reversal from the support level 126.00 started the active short-term correction (ii). Given […]
BOC Hikes & Signals More To Come The September Bank of Canada meeting, held yesterday, saw the BOC delivering a firmly hawkish outcome. The bank hiked rates by .75%, the top end of the range of expectations, and signalled more tightening as likely necessary. There had been a great deal of speculation ahead of the […]
Type : Bearish Drop Key Levels:Resistance : 32600 Pivot: 31872 Support : 30974 Preferred Case: On the H4, with price moving below the ichimoku indicator, we have a bearish bias that price will drop from pivot at 31872 where the pullback resistance and 23.6% fibonacci retracement are to the 1st support at 30974 where the […]
Flash loans allow users to borrow a high amount of assets without having to provide any upfront collateral, this is often used by miscreants to launch attacks on DeFi protocols. 1651 Total views 6 Total shares New Free DAO, a decentralized finance (DeFi) protocol, faced a series of flash loan attacks on Thursday, resulting in a […]
USDCHF, “US Dollar vs Swiss Franc” On H4, the quotes are in the overbought area. A downward breakaway of 8/8 is expected, followed by further falling to the support level of 7/8. The scenario can be cancelled by a breakaway of +1/8 upwards. In this case the pair might start growing again and even reach […]
The exchange now allows crypto investors access to traditional investments such as natural resource commodities like precious metals. 716 Total views 38 Total shares The Vienna-based fintech unicorn Bitpanda is harkening back to the ways of traditional finance (TradFi) through new offerings on its exchange platform. By adding commodities to its list of available investment […]
• EURJPY reversed from key resistance level 144.30 • Likely to fall to support level 142.00 EURJPY currency pair recently reversed down from the key resistance level 144.30 (which has been reversing the price from the start of June) standing above the upper daily Bollinger Band. The downward reversal from the resistance level 144.stopped the […]
• GBPCHF broke key support level 1.1300 • Likely to fall to support level 1.1100 GBPCHF currency pair recently broke through the key support level 1.1300 (which stopped the earlier minor impulse waves (iii) and (i)). The breakout of the support level 1.1300 accelerated the active impulse waves (iii), 5 and (3). Given the clear […]
Vancouver – The Canadian Securities Administrators (CSA) is adopting a new prospectus exemption for issuers listed on a Canadian stock exchange, aimed at providing a more efficient way for them to raise capital. The Listed Issuer Financing Exemption will reduce costs for issuers raising smaller amounts of capital through the public markets. It will also […]
It has come to the attention of the Central Bank of Ireland (‘Central Bank’) that a fraudulent entity, Beagle Car Insurance, has been operating as an insurance / reinsurance intermediary in the State in the absence of appropriate authorisations. The unauthorised entity, operating the website www.beaglecarinsurance.com (website no longer available), deceived customers by acting as […]
