Latest Market News

Aug 02
CADCHF Wave Analysis – 2 August, 2022

• CADCHF reversed from long-term support level 0.7375 • Likely to rise to resistance level 0.7450 CADCHF currency pair recently reversed up from the long-term support level 0.7375 (former resistance from January, which has been steadily reversing this pair from March). The support zone near the support level 0.7375 was further strengthened by the lower […]

Aug 02
EURUSD Wave Analysis – 2 August, 2022

• EURUSD reversed from resistance level 1.0260 • Likely to fall to support level 1.0100 EURUSD currency pair recently reversed down from the resistance level 1.0260 (which has been repeatedly reversing this currency pair from the middle of July). The resistance zone near the resistance level 1.0260 was strengthened by the upper daily Bollinger Band […]

Aug 02
Bitcoin derivatives show a lack of confidence from bulls

Bitcoin (BTC) has been trending up since mid-July, although the current ascending channel formation holds $21,100 support. This pattern has been holding for 45 days and could potentially drive BTC towards $26,000 by late August. Bitcoin/USD 12-hour price. Source: TradingView According to Bitcoin derivatives data, investors are pricing higher odds of a downturn, but recent […]

Aug 02
Dow ends 400 points lower Tuesday after historic Taiwan visit defies China

U.S. stocks closed lower for a second straight day on Tuesday, after U.S. House Speaker Nancy Pelosi defied China with a historic visit to Taiwan. The blue chip Dow Jones Industrial Average [djia] shed about 401 points, or 1.2%, ending near 32,396, while the S&P 500 index SPX, -0.67% closed 0.7% lower and the Nasdaq […]

Aug 02
Kim Kardashian’s legal team files motion to dismiss EthereumMax crypto lawsuit

Kim Kardashian’s lawyers filed a joint motion to dismiss the class-action complaint against the American businesswoman for promoting an alleged “pump and dump” crypto token. 1386 Total views 81 Total shares Kim Kardashian’s legal team has filed a motion to set aside a class-action complaint aimed at the businesswoman and other American celebrities. Kardashian and a handful […]

Aug 02
Gold prices score 5th straight day of wins Tuesday with U.S.-China tensions in focus

Gold prices end higher Tuesday, climbing for a fifth straight day, after U.S. House Speaker Nancy Pelosi landed in Taiwan, sparking vows of retaliation from Beijing. December gold GCZ22, -0.26% GC00, -0.26% rose 0.1% to settle at $1,789.70 an ounce, with the most-active contract ending higher in the past five sessions. Investors also continued to […]