Latest Market News
Demand for stablecoins continues to rise as businesses look to on-chain liquidity to improve their operations. 1295 Total views 14 Total shares USD Coin (USDC) issuer Circle Internet Financial is launching a fully-reserved stablecoin pegged to the euro, signaling to the market that demand for crypto foreign exchange services remains high despite recent industry turmoil. […]
The U.S. Energy Information Administration reported on Thursday that domestic natural-gas supplies rose by 92 billion cubic feet for the week ended June 10. That compared to an average forecast for an increase of 89 billion cubic feet from analysts polled by S&P Global Commodity Insights. Working gas stocks include revisions to “reflect resubmissions of […]
USDCAD, “US Dollar vs Canadian Dollar” On H4, USDCAD formed a Hammer at the support level. Going by the signal, the pair currently get into another ascending impulse. The goal of the growth will be 1.3030. However, the price can still drop to the support level of 1.2870 with a subsequent bounce and continuation of […]
EURUSD, “Euro vs US Dollar” The currency pair demonstrated a declining wave to 1.0364. Today the market is continuing with a correction. Growth to 1.0520 is not excluded. Practically, there is a consolidation range forming around 1.0440. With an escape upwards, correction might develop to 1.0600. With an escape downwards, the trend might continue to […]
A new study warns of the risk of climate change worsening in coastal Britain, finding that rising seas will cause the loss of 200,000 homes in just 30 years. The study was carried out by a group of researchers at the British Center for Climate Research “Tindal Center” at the University of “East Anglia”, and […]
Type: Bearish ReversalKey Levels:Resistance:1876.8 Pivot:1838Support: 1803.9Preferred Case:On the H4, with prices moving below the ichimoku indicator and within descending channel, we have a bearish bias that prices will drop from our pivot at 1838 where the horizontal pullback resistance and 50% fibonacci retracement are to our 1st support at 1803.9 in line with swing low […]