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Type: Bullish RiseKey Levels:Resistance: 116.61Pivot: 111.20Support: 107.09Preferred Case:On the H1, price is moving above the ichimoku cloud and has broken the descending trendline which supports our bullish bias that price will drop and rise from the pivot at 111.20 where the overlap support is to 1st resistance at 116.61 in line with swing high resistance […]
Despite his initial losses in trading, JC Enriquez still strongly believes that crypto will bring him more profit in the years to come. 1560 Total views 32 Total shares From the highs of feeling like a total genius to the lows of downward price movements, crypto investing has taken Dubai-based trader JC Enriquez on a […]
Performance Food Group Co. PFGC, -1.35% on Wednesday reiterated its 2022 sales forecast of $50.5 billion to $51 billion, including the impact of 10 months its Core-Mark acquisition. Analysts surveyed by FactSet currently expect the company to generate sales of $50.94 billion. By fiscal 2025, Performance Food Group forecasts sales of $62 billion to $64 […]
No let-up in risk assets means Bitcoin faces more selling pressure, but hope remains that a key moving average could soon see a challenge. 2241 Total views 12 Total shares Bitcoin (BTC) returned under $20,000 on June 29 as analysts stayed hopeful of a trip higher. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView Traders looks […]
Gold futures fell on Tuesday, posting back-to-back losses to mark their lowest settlement in nearly two weeks. “It’s not surprising that gold continues to struggle on upticks,” said Peter Grant, vice president and senior metals strategist at Zaner Metals and Tornado Precious Metals Solutions. He points out that Federal Reserve Chairman Jerome Powell last week […]
USDCAD, “US Dollar vs Canadian Dollar” As we can see in the H4 chart, after forming a Harami reversal pattern close to the support level, USDCAD may reverse in the form of another ascending impulse. In this case, the upside target may be the resistance area at 1.2985. Later, the market may break this level […]