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Type: Bearish MomentumKey Levels:Resistance: 1580’4Pivot: 1495’1Support: 1420’2Preferred Case:On the H1, with price moving below the ichimoku cloud and along a descending trendline , we have a bearish bias that price will drop to the pivot at 1495’1 in line with the swing low support. Once there is downside confirmation of price breaking pivot structure, we […]
U.K. Prime Minister Boris Johnson has appointed Nadhim Zahawi to be the new chancellor of the exchequer, according to a tweet from No. 10 Downing Street. The appointment comes after Rishi Sunak and Sajid Javid both dramatically quit the prime minister’s Cabinet in a seemingly coordinated move earlier on Tuesday. Sunak had been the chancellor […]
Bitcoin (BTC) has a “neutral to positive” outlook despite staying below $20,000, according to ARK Investment Management. In its latest “Bitcoin Monthly” report, the American asset management giant flagged signs that BTC price action is close to bottoming. Wood: “We’re waiting for more capitulation signals” One of Bitcoin’s most vocal supporters, ARK and CEO, Cathie Wood, […]
The Wall Street Journal said late Tuesday Walmart Inc. WMT, +1.32% has warned some of its suppliers that it will charge new fees to transport their goods to warehouses and to stores, thanks to rising fuel prices. The companies using Walmart will be charged a fuel surcharge and a pickup charge starting Aug. 1, the […]
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Q4 2021 saw 2.5 million people in employment, the highest on record. Strong employment was supported by the domestic labour force, with migration playing a smaller role Two groups drove this labour force expansion; under 25s and women over 35. Evidence that there are longer running trends that have encouraged women to remain part of […]