Latest Market News

Jun 02
Murrey Math Lines 02.06.2022 (USDCHF, GOLD)

USDCHF, “US Dollar vs Swiss Franc” As we can see in the H4 chart, USDCHF is trading below the 200-day Moving Average to indicate a possible descending tendency. In this case, the pair is expected to rebound from 3/8 and then resume falling to reach the support at 1/8. However, this scenario may be cancelled […]

Jun 02
Zinc prices rise to the highest level in 3 weeks And heralds a new increase in the prices of electric cars

Zinc prices rose to their highest level in more than 3 weeks today, Monday, which in turn will contribute to the rise in the prices of electric cars in particular, given its importance in the growing industry. The benchmark zinc was traded on the London Metal Exchange, up 2.7% at $3,948 a ton, and the […]

Jun 02
NIKKEI 225 INDEX FUTURES (NK2251!), H4 Potential For Bullish Rise

Type: Bullish RiseKey Levels:Resistance: 27740Pivot: 27370Support: 27140Preferred Case:On the H4, with price moving above the ichimoku cloud , we have a bullish bias that price will; rise from pivot at 27370 in line with the overlap support to the 1st resistance at 27740 in line with the 127.2% fibonacci extension and horizontal swing high.Alternative Scenario:Alternatively, […]

Jun 02
Platinum Futures (PL1!), H1 Potential for Bullish Rise

Type: Bullish RiseKey Levels:Resistance: 1026.3Pivot: 1000.5Support: 988.0Preferred Case:Price is moving within the ascending trend channel and is moving above the ichimoku cloud which supports our bullish bias that price will rise from the pivot at 1000.5 where the pullback support is to the 1st resistance at 1026.3 in line with the swing high resistance.Alternative Scenario:Alternatively, […]

Jun 02
GBPCAD Wave Analysis – 2 June, 2022

• GBPCAD reversed from key support level 1.5795• Likely to rise to resistance level 1.5970 GBPCAD recently reversed up from the key support level 1.5795 (which stopped wave (iii) in the middle of May) – standing close to the lower daily Bollinger Band. The upward reversal from the support level 1.5795 stopped the earlier minor […]

Jun 02
US energy company opens crypto mining facility in Middle East to use stranded natural gas

Denver-based Crusoe Energy will help the Middle East nation to cut the gas flaring with the pilot project scheduled for the end of 2022. 1225 Total views 62 Total shares As the heated up discussion around the ethical aspects of using fossil fuels in crypto mining remains one of the key topics for the industry, […]