Latest Market News

Aug 03
USD: rise and shine again. Overview for 03.08.2022

EURUSD has plunged in the last 24 hours; the “greenback” is in demand. The major currency pair plummeted. The current quote for the instrument is 1.0180. Demand for “safe haven” assets went up and the USD took advantage of the situation.  Geopolitics, of course, is talking on the central stage. We’re talking about the speaker […]

Aug 03
Applied DNA Sciences blasts more than 350% higher after initiating validation of monkeypox virus test

Shares of Applied DNA Sciences Inc. APDN, +311.16% skyrocketed 353.7% higher in very volatile trading Tuesday, after the biotechnology company said it initiated validation of a monkeypox virus test. Trading volume spiked to 73.1 million shares, compared with the full-day average of about 256,450 shares. The stock has been halted no less than 27 times […]

Aug 03
S&P 500 E-mini Futures (ES1!), H4 Potential For Bullish Momentum

Type: Bullish Rise Key Levels:Resistance: 4202.75Pivot: 4072.00Support: 3949.75 Preferred Case:On the H4, with price moving along an ascending trendline and above the ichimoku indicator, we have a bullish bias that price will rise from our pivot at 4072.00 where the pullback support and 23.6% fibonacci retracement are to the 1st resistance at 4202.75 where the […]

Aug 03
Euro E-mini Futures (E71!), H4 Potential For Bullish Rise

Type: Bullish Rise Key Levels:Resistance: 1.0430Pivot: 1.0198Support: 1.0007 Preferred Case:On the H4, with prices breaking the descending channel , we have a bullish bias that price will rise from the pivot at 1.0198 where the 23.6% fibonacci retracement is to the 1st resistance at 1.0430 where the 50% fibonacci retracement is. Alternative Scenario:Alternatively, price could […]

Aug 03
BTC wholecoiners up by 40K since June crash began

A sharp fall in the cryptocurrency’s price in May and June appears to have coincided with the increase in wallet addresses holding more than one Bitcoin. 3157 Total views 33 Total shares Smaller Bitcoin (BTC) investors have found a unique opportunity during the crypto slump to snap up their favorite cryptocurrency. The number of “wholecoiners” […]

Aug 03
Oil logs modest gain ahead of OPEC+ meeting

William Watts is MarketWatch’s senior markets writer. Based in New York, Watts writes about stocks, bonds, currencies and commodities, including oil. He also writes about global macro issues and trading strategies. Before moving to New York, he reported for MarketWatch from Frankfurt, London and Washington, D.C. Source: Marketwatch