Latest Market News

Jul 18
RBOB GASOLINE FUTURES (RB1!), H4 Potential For Bullish Rise

Type: Bullish Rise Key Levels:Resistance: 3.3488Pivot: 3.2843Support: 3.1886 Preferred Case:On the H4, with prices moving above the ichimoku cloud and along the ascending trendline , we have a bullish bias that price will rise to the pivot at 3.2843 in line with the swing high resistance, 50% fibonacci retracement and 78.6% fibonacci projection . Once […]

Jul 18
EURCHF Wave Analysis – 18 July, 2022

• EURCHF reversed from support area • Likely to rise to resistance level 0.9960 EURCHF currency pair recently reversed up from the support area located between the key support level 0.9850 and the lower daily Bollinger Band. The upward reversal from this support area started the active minor corrective wave (ii) – which belongs to […]

Jul 18
Brent Wave Analysis – 18 July, 2022

• Brent reversed from support area • Likely to rise to resistance level 105.00 Brent crude oil recently reversed up from the support area located between the key support level 95.00 (former monthly low from March), lower daily Bollinger Band and the 50% Fibonacci correction of the upward impulse from December. The upward reversal from […]

Jul 18
Binance fined $3M over illegal operations in the Netherlands

The Dutch central bank said that the Binance crypto exchange had a “very large number of customers in the Netherlands.” 3183 Total views 64 Total shares Major global cryptocurrency exchange Binance is facing a penalty in the Netherlands after failing to obtain regulatory approval to operate in the country. The central bank of the Netherlands […]

Jul 18
Dow ends more than 200 points lower, stocks skid after report on Apple’s cost-cutting plan

Stocks gave up earlier gains Monday, with the Dow ending about 216 points lower, after Bloomberg reported on cost-cutting efforts taking shape at Apple Inc., a week before the iPhone maker reports quarterly results. The Dow Jones Industrial Average DJIA, -0.69% fell about 216 points, or 0.7%, to end near 31,071. The tech-heavy S&P 500 […]

Jul 18
Crypto winter has 250 days left if the market cycle repeats: Grayscale

The crypto industry has endured some infamous bear markets, and the 2022 downturn will be remembered for its acid test of decentralized finance platforms and over-leveraged trading. 2948 Total views 34 Total shares Grayscale Investment’s latest Insight report provides interesting food for thought, pinning the start of the current bear market in June 2022, which could last […]