Day: October 28, 2022
• GBPAUD reversed from support level 1.7635 • Likely to rise to resistance level 1.8200 GBPAUD recently reversed up from the pivotal support level 1.7635 (former resistance from July and August, intersecting with the 38.2% Fibonacci correction of the upward impulse from September). The upward reversal from the support level 1.7635 started the active shot-term […]
• AUDUSD reversed from resistance level 0.6500 • Likely to fall to support level 0.6300 AUDUSD recently reversed down from the resistance level 0.6500 (which reversed the pair multiple times at the end of September), standing close to the upper daily Bollinger Band and the 50% Fibonacci correction of the downward impulse from September. The […]
Alphabet Inc.’s GOOGL, +4.50% GOOG, +4.44% Google is preparing a legal fight over $275 million in fines by Indian regulators for antitrust violations last week that Google claims would change its approach to its Android operating system, according to a Reuters report. Indian officials levied $275 million in two decisions last week: one for the […]
The Binance CEO said the company wired $500 million to take a share of equity as Elon Musk’s Twitter takeover is finally sealed. 3235 Total views 14 Total shares Binance CEO Changpeng “CZ” Zhao says the company followed through with a $500 million commitment to back Elon Musk’s high-profile Twitter takeover. Musk reportedly sealed the […]
Traders see a slim, but growing, chance that the Federal Reserve will surprise markets by delivering a 50-basis-point rate hike next Wednesday. They put the likelihood around such a scenario occurring at 15.9%, up from 11.5% on Thursday, according to the CME FedWatch Tool. Meanwhile, the chance of a 75-basis-point move was seen at 84.1%, […]
The BTC corrected after noticeable growth earlier. On Friday, it is mainly fluctuating near 20,280 USD. The price stepped back from the intermediate resistance of 20,500 USD. It is vital that the quotes returned back upwards. Then the market will be counting on an advance for 21,500 USD, which is the most important resistance level, […]
EURUSD, “Euro vs US Dollar” The pair is correcting after a bounce off the resistance level. It is going above the Ichimoku Cloud which indicates an uptrend. A test of the Kijun-Sen line is expected at 0.9945, followed by growth to 1.0305. An additional signal confirming the growth will be a bounce off the lower […]
Bitcoin (BTC) is decoupling from big tech as disappointing earnings fail to spark any major BTC price losses. Economic data for Q3, 2022, saw heavy losses for some tech stocks, but BTC/USD avoided a chain reaction. Bitcoin hodlers shrug off Q3 tech results The largest cryptocurrency shed around $800 over Oct. 27, or 3.8%, after […]
Intel Corp.’s INTC, +10.16% stock rose before market open Friday, lifted by the chip maker’s third-quarter earnings beat and PC-chip sales that were slightly higher than expected. The company’s shares were up 6.2% premarket, after ending Thursday’s session down 3.5%. Intel earned 25 cents a share on net income of $1.01 billion, compared with earnings […]
Charter Communications Inc. CHTR, +4.32% saw an increase in its count of residential internet customers during the latest quarter, but the cable giant fell short of expectations on earnings. The company recorded third-quarter net income of $1.19 billion, or $7.38 a share, compared with $1.22 billion, or $6.69 a share, in the year-earlier period. Analysts […]
