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Oil prices rise 3% .. and Brent crude is near 104 dollars Oil prices rose nearly 3% during Monday’s trading, supported by a weak dollar and tight supplies. Prices continued to gain, offsetting concerns about a recession and the possibility of a widespread coronavirus shutdown in China; Which again led to reduced demand for fuel. […]
Last week was marked by highly volatile expectations regarding the FOMC July decision: after release of the CPI for June, which showed inflation accelerating to 9.1%, the chances of a 100 bp rate hike soared to 84%, but already on Friday, the retail sales report and inflation expectations from U. Michigan again made 75 bp […]
Type: Bullish Rise Key Levels:Resistance: 25375Pivot: 22500Support: 18880 Preferred Case:On the H4, with prices moving above the ichimoku cloud , we have a bullish bias that price will rise to the pivot at 22500 in line with the swing high resistance and 100% fibonacci projection . Once there is upside confirmation of price breaking pivot […]
The total market capitalization for all of the cryptocurrencies has surged past $1 trillion in a day of big green candles. 2171 Total views 37 Total shares Bye bye Monday blues, hello bullish news – the total crypto market capitalization has retaken the $1 trillion level. The crypto market cap is now almost as valuable […]
Charles Schwab Corp. SCHW, +0.77% shares rose 4.7% in premarket trades Monday after the brokerage firm said its second-quarter profit rose by 42% to a record and its adjusted profit and revenue beat Wall Street estimates. The Westlake, Texas-based company said its earnings for the three months ended June 30 jumped to $1.79 billion, or […]
Bitcoin’s price had just topped $21,000 at the time of writing — meaning around 45% of BTC holders have an “on-paper loss,” according to Glassnode. 6011 Total views 43 Total shares The majority of Bitcoin (BTC) has been hodled for at least three months in behavior bearing a striking resemblance to previous Bitcoin market bottoms, […]