Risk Sentiment Suffers On Biden Coments Along with the current rally in USD, risk sentiment appears to be suffering at the start of the week on the back of comments made by President Biden. During an interview with CBS, when questioned over whether the US military would step in to defend Taiwan in the event […]
Type: Bearish Drop Key Levels:Resistance: 13399.43Pivot: 12437.6Support: 12123.93 Preferred Case:On the H4, with the price reflecting off the 61.8% Fibonacci retracement line and the price being below ichimoku cloud, we have a bearish bias that the price may break through the pivot line and tap onto the 1st support line which is at the 78.6% […]
The United States Securities and Exchange Commission (SEC) and Ripple Labs have both called for a federal judge to make an immediate ruling on whether Ripple’s XRP sales violated U.S. securities laws. In separate motions filed on Saturday by Ripple and the SEC, both have called for a summary judgment in the U.S. District Court […]
Bitcoin fell below $19,000 on Monday morning, as risky assets sold off ahead of Wednesday’s Federal Reserve interest-rate decision. BTCUSD, -6.58% recently was down 8% to $18,501.23, while ETHUSD, -5.73% fell 11% to $1,302.48. U.S. stock futures ES00, -0.93% also were pointing to a weaker start.
Tesla Inc. TSLA, -0.13% plans to “double sales each year,” a local executive told the Automobilwoche weekly said in an interview that published Sunday, Reuters reported. The total gain would see sales climb to around 80,000 for this year, from sales of nearly 40,000 in 2021. A spokesperson from Tesla wasn’t immediately available for comment. […]
AUDUSD, “Australian Dollar vs US Dollar” AUDUSD is rebounding from Tenkan-Sen and Kijun-Sen. The instrument is currently moving below Ichimoku Cloud, thus indicating a descending tendency. The markets could indicate that the price may test Tenkan-Sen at 0.6720 and then resume moving downwards to reach 0.6555. Another signal in favour of a further downtrend will […]
USDCAD, “US Dollar vs Canadian Dollar” As we can see in the H4 chart, after forming a Hanging Man reversal pattern close to the resistance level, USDCAD may reverse in the form of a new descending impulse. In this case, the downside correctional target may be at 1.3225. Later, the market may rebound from this […]
Senator Andrew Bragg on Monday released a draft bill aimed at regulating crypto exchanges, stablecoins, and the digital yuan. 1368 Total views 9 Total shares Australian Liberal Senator Andrew Bragg has released a new draft bill aimed at clamping down on digital asset exchanges, stablecoins, and China’s central bank digital currency, the e-Yuan. In a […]
Tesla Inc. TSLA, -0.13% plans to “double sales each year,” a local executive told the Automobilwoche weekly in an interview that published Sunday, Reuters reported. The total gain would see sales climb to around 80,000 for this year, from sales of nearly 40,000 in 2021. A spokesperson from Tesla wasn’t immediately available for comment. Shares […]
• EURGBP broke major resistance level 0.8700 • Likely to rise to resistance level 0.8800 EURGBP continues to rise after the price broke above the major resistance level 0.8700 (which has been reversing the price from the middle of June). The breakout of the resistance level accelerated the active short-term upward impulse wave 3, which […]