Day: October 10, 2022
The price paid for “whale coins” is revealed as a potential new bear market bottom zone for BTC. Source: Cointelegraph
EURUSD, “Euro vs US Dollar” As we can see in the H4 chart, EURUSD is trading within the “oversold area” again. The Relative Strength Index is approaching 30, which is a border of the above-mentioned area. In this case, the price is expected to break the resistance at 0/8 (0.9765) and continue growing to reach […]
Legacy markets continue to negatively impact Bitcoin price, but a positive sign is that the bulls have not allowed BTC to retest its June low. Source: Cointelegraph
U.S. stocks finished lower on Monday as all three major indexes fell for the fourth straight session and the Nasdaq Composite saw its lowest close in more than two years. The S&P 500 SPX, -0.75% closed 27.27 points, or 0.8%, lower at 3,612.39. The Dow Jones Industrial Average DJIA, -0.32% finished 93.91 points, or 0.3%, […]
U.S. stocks held onto losses heading into the final hour of trading on Monday, led by declines in the Nasdaq Composite Index. The Nasdaq Composite was down by 0.8% after briefly touching its lowest level since 2020, as investors remained focused on the likelihood of further rate increases by the Federal Reserve. Dow industrials were […]
Home Industries Energy Published: Oct. 10, 2022 at 2: 47 p.m. ET By Myra P. Saefong comments Referenced Symbols Advertisement CLX22 -1.96% Oil futures settled lower on Monday, as weak economic data from China fed concerns over a slowdown in energy demand. U.S. benchmark West Texas Intermediate crude for November delivery CLX22, -1.96% fell […]
Gold futures declined on Monday, with prices for the most-active contract settling at their lowest since Sept. 29. A “resurgent greenback and dwindling faith in slower monetary tightening” led to losses for the precious metal, said Craig Erlam, senior market analyst at OANDA, in market commentary. Gold for December delivery GC00, -2.01% fell $34.10, or […]
• AUDUSD under bearish pressure • Likely to fall to support level 0.6200 AUDUSD under the bearish pressure after the earlier breakout of the support zone lying at the intersection of the support level 0.6400 (low of the earlier impulse wave (i)) and the support trendline of the daily down channel from April. The breakout […]
• USDCHF under bullish pressure • Likely to rise to resistance level 1.0050 USDCHF under the bullish pressure after the earlier breakout of the key resistance level 0.9940 (which has been reversing the pair from the end of September). The breakout of the resistance level 0.9940 accelerated the active short-term impulse waves (c) and 3. […]
Members of the committee passed the crypto framework policy in a vote of 28 in favor and one against, with a final vote expected with the full Parliament soon. Source: Cointelegraph