Day: September 16, 2022
EURUSD, “Euro vs US Dollar” The pair is correcting inside the Triangle pattern, going under the Cloud, which implies a downtrend. A test of the lower border of the Cloud is expected at 1.0005, followed by falling to 0.9850. An additional signal confirming the decline will be a bounce off the upper border of the […]
BRENT On H4, oil quotes are under the 200-day Moving Average, which indicates a downtrend. A downwards breakaway of 1/8 and subsequent falling to the support level of 0/8 should be expected. The scenario can be canceled by rising over the resistance level of 2/8, which might make the price rise to 3/8. On M15, the […]
Blockchain-based games need to spend more time actually being “fun to play” rather than developing flashy tokenomics, an Animoca Brand-owned blockchain game developer told Cointelegraph. Speaking to Cointelegraph on the first day of the 2022 Tokyo Games Show, Luke Sillay, the lead community manager at Australia-based game developer Blowfish Studios, said that far too many blockchain […]
Though he did not specify any particular crypto, SEC chair Gary Gensler said proof-of-stake cryptocurrencies could be subject to securities laws. 2784 Total views 27 Total shares Ethereum’s upgrade to proof-of-stake may have placed the cryptocurrency back in the crosshairs of the Securities and Exchange Commission (SEC). Speaking to reporters after the Senate Banking Committee on […]
Type: Bullish Rise Key Levels:Resistance: 148.125Pivot: 144.475Support: 141.150 Preferred Case:On the H4, with price moving along the ascending trendline and above the ichimoku indicator, we have a bullish bias that price will rise from the pivot at 144.475 to the 1st resistance at 148.125 where the 127.2% fibonacci extension is. Alternative Scenario:Alternatively, price could break […]
BNY Mellon Mind The UK Consumption Gap On the face of things, the latest UK labour market data likely provides the Bank of England with some relief. Nominal incomes are still growing at a relatively firm pace, and there is every chance that much like may be the case for the European Central Bank, the […]
Following the Ethereum Merge, Dogecoin now only trails Bitcoin as the biggest proof-of-work cryptocurrency. 420 Total views 59 Total shares Meme-inspired cryptocurrency Dogecoin (DOGE) is now officially the second largest proof-of-work (PoW) crypto in terms of market cap, following the Ethereum network’s proof-of-stake upgrade on Sept. 15. Bitcoin (BTC) of course remains miles ahead of […]
Post-Merge Ethereum has now detached itself from the “crypto mining is bad for the environment” narrative, following its transition to proof-of-stake. 944 Total views 78 Total shares The shedding of Ethereum’s energy-intensive proof-of-work (PoW) system is expected to see Ether (ETH) “flow into the institutional world,” according to a number of fund managers and co-founders. […]
Gilead Sciences Inc. GILD, -0.28% said late Thursday the World Health Organization expanded its recommended guide for the use of the biotech drug maker’s COVID-19 treatment Veklury. In a statement, the company said WHO updated its guidelines to recommend the drug to treat patients with severe COVID, an expansion from simply “those with non-severe COVID-19 […]
• NZDJPY reversed from resistance level 87.30 • Likely to fall to support level 85.00 NZDJPY currency pair recently reversed down from the key resistance level 87.30 (which has been reversing the price from the end of March), standing above the upper daily Bollinger Band. The downward reversal from the resistance level 87.30 started the […]
