Day: October 5, 2022
Nasdaq said that the retail side of the crypto market is quite saturated at the moment, with many service providers looking to fulfill retail investors’ needs. 1515 Total views 39 Total shares Nasdaq, the United States stock exchange, has no immediate plans to launch a crypto exchange until there’s better regulatory clarity from policymakers, said […]
EURUSD, “Euro vs US Dollar” After completing the ascending wave at 0.9872 and then forming a new consolidation range around this level, EURUSD has broken it to the upside to reach 0.9990 and may later start a new decline to return to 0.9872. After that, the instrument may form one more ascending structure towards 1.0010 […]
USDCAD, “US Dollar vs Canadian Dollar” As we can see in the H4 chart, after forming a Harami reversal pattern close to the support level, USDCAD is reversing in the form of a new rising wave. In this case, the upside target may be at 1.3700. Later, the market may break the resistance area and […]
Bitcoin (BTC) showed strength on Oct. 4 and 5, posting a 5% gain on Oct. 5 and breaking through the $20,000 resistance. The move liquidated $75 million worth of leverage short (bear) positions and it led some traders to predict a potential rally to $28,000. $BTC #Bitcoin Shared this descending channel 2 days ago.$BTC has […]
• GBPAUD reversed from resistance level 1.7650 • Likely to fall to support level 1.7400 GBPAUD currency pair recently reversed down from the multi-month resistance level 1.7650 (previous monthly high from August), intersecting with the upper daily Bollinger Band and the 50% Fibonacci correction of the downward impulse from January. The downward reversal from the […]
• EURJPY reversed from resistance level 144.00 • Likely to fall to support level 142.00 EURJPY currency pair recently reversed down from the key resistance level 144.00 (which has been reversing the price from the start of June). The downward reversal from the resistance level 144.00 stopped the earlier short-term impulse wave 3. Given the […]
Bitcoin bulls celebrated BTC’s push through a long term trendline resistance, but has anything actually changed? 404 Total views 7 Total shares On Oct. 4 and 5, Bitcoin (BTC) took another step through the $20,000 mark, bringing the price above a long-term descending trendline that stretches all the way back to April 22 or Nov. […]
Traders of derivatives-like instruments known as fixings nudged up their expectations for the next few U.S. consumer-price index reports after the Organization of the Petroleum Exporting Countries and its allies agreed to cut oil production by 2 million barrels a day, starting in November. Fixing traders now expect the annual headline CPI rate for October […]
The executive chairman of MicroStrategy, Michael Saylor, does not like to be called out. He responded to a poll shared by Eric Wall, a crypto researcher, that suggested he had not used Bitcoin’s layer-2 Lightning Network more than three times with a Twitter poll of his own. The correct answer is Yes, and I will […]
President Joe Biden “is disappointed by the shortsighted decision by OPEC+ to cut production quotas while the global economy is dealing with the continued negative impact of Putin’s invasion of Ukraine,” said a White House statement on Wednesday from National Security Adviser Jake Sullivan and top economic adviser Brian Deese. “In light of today’s action, […]
