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The delay comes just a couple of months after newly elected president Yoon Suk-yeol promised to work on regulations first. 310 Total views 15 Total shares The South Korean government has reportedly postponed the 20% tax crypto gains by two years. The controversial 20% tax on crypto gains was supposed to come into effect from […]
Published: July 21, 2022 at 7:28 a.m. ET Shares of Dow Inc. erased earlier gains of as much as 1.9% to fall 1.0% in premarket trading Thursday, even after the chemicals and specialty materials company reported second-quarter profit and sales that beat expectations, as price increases helped offset COVID-related lockdowns in China, logistics constraints and […]
EURUSD, “Euro vs US Dollar” As we can see in the H4 chart, the asset has formed a Shooting Star reversal pattern close to the resistance area. At the moment, EURUSD may reverse in the form of another descending impulse. In this case, the downside target may be at 1.0120. However, an alternative scenario implies […]
USDJPY, “US Dollar vs Japanese Yen” USDJPY is correcting within the bullish channel. The instrument is currently moving above Ichimoku Cloud, thus indicating an ascending tendency. The markets could indicate that the price may re-test the cloud’s upside border at 137.60 and then resume moving upwards to reach 140.65. Another signal in favour of a […]
The administration of President Joe Biden is planning to overhaul the federal health department and create a new independent division to lead the nation’s pandemic response, the Washington Post reported, citing seven people briefed on the plan. The move, which comes amid frustration with the Centers for Disease Control and Prevention, would elevate a 1,000-person […]
Type: Bearish Momentum Key Levels:Resistance: 4083.25Pivot: 3945.00Support: 3905.25 Preferred Case:On the H4, with price recently breaking the descending trend channel, we have a bullish bias that price will rise from the pivot at 3945.00 at the pullback swing high in line with the 78.6% fibonacci projection and 50% fibonacci retracement to the 1st resistance at […]