Latest Market News
There are now more than 17.5 million Bitcoin wallets underwater with little faith in a rebound coming from analysts in the face of a surging dollar. 1332 Total views 65 Total shares Bitcoin (BTC) hodlers are feeling the squeeze this week as repeated tests of lower levels spark increasing losses. Data from on-chain analytics firm […]
Shares of Denny’s Corp. DENN, -1.47% rallied 4% in premarket trades Tuesday after Wedbush upgraded shares of the restaurant chain to outperform from neutral and raised its 12-month price target to $12.50 a share from $10 a share. “We came away from meetings with CFO Robert Verostek…incrementally positive,” Wedbush said. The company is poised to […]
XAUUSD, “Gold vs US Dollar” As we can see in the H4 chart, XAUUSD has formed a Hammer reversal pattern not far from the support area. At the moment, the asset may reverse in the form of a new ascending impulse. In this case, the upside target may be at 1760.00. At the same time, […]
EURUSD, “Euro vs US Dollar” EURUSD is falling within the bearish channel. 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 0.9965 and then resume moving downwards to reach 0.9750. Another signal in favour of a further downtrend will be […]
• CHFJPY reversed from resistance level 143.10 • Likely to fall to support level 140.60 CHFJPY currency pair recently reversed down from the key resistance level 143.10 (which has been reversing the pair from the end of June) intersecting with the upper daily Bollinger Band. The downward reversal from the resistance level 143.10 stopped the […]
• NZDCHF reversed from support level 0.5900 • Likely to rise to resistance level 0.6050 NZDCHF currency pair recently reversed up from the key support level 0.5900 (which stopped the sharp downtrend at the end of June) standing below the lower daily Bollinger Band. The upward reversal from the support level 0.5900 created the daily […]