Latest Market News

May 11
Forex Technical Analysis & Forecast 11.05.2022

EURUSD, “Euro vs US Dollar” EURUSD is still consolidating around 1.0530. If later the price breaks this range to the downside, the market may form a new descending structure with the target at 1.0462; if to the upside – start another growth towards 1.0610 or even break this level to extend the structure up to […]

May 11
Japanese Candlesticks Analysis 11.05.2022 (XAUUSD, NZDUSD, GBPUSD)

XAUUSD, “Gold vs US Dollar” As we can see in the H4 chart, XAUUSD has formed a Hammer reversal pattern not far from the support area. At the moment, the asset is reversing in the form of another ascending impulse. In this case, the upside target may be the resistance level at 1860.50. At the […]

May 11
Wheat Futures ( ZW1! ), H1 Bullish Rise!

Type: Bullish RiseKey Levels:Resistance: 1132’6Pivot: 1106’4Support: 1084’4Preferred Case:With price breaking above the Ichimoku cloud and making a new high on the donchian channel, we have a bullish bias that price will rise to our 1st resistance in line with the horizontal swing high resistance and 100% Fibonacci projection from our pivot in line with the […]

May 11
Corn Futures ( ZC1! ), H1 Potential For Bearish Continuation

Type: Bearish ContinuationKey Levels:Resistance: 791’0Pivot: 784’6Support: 769’4Preferred Case:With price expected to reverse off the Ichimoku resistance, we have a bearish bias that price will drop to our 1st support in line with the horizontal swing low support from our pivot of 784’6 in line with the horizontal swing high support and 38.2% Fibonacci retracement.Alternative Scenario:Alternatively, […]

May 11
Chairmen from the SEC and CFTC talk crypto regulation at ISDA meeting

Rostin Behnam and Gary Gensler make their positions clear in keynote addresses at the annual meeting of the ISDA with Sam Bankman-Fried in attendance. 1107 Total views 46 Total shares The annual meeting of the International Swaps and Derivatives Association (ISDA) began Wednesday in Madrid. United States Securities and Exchange Commission (SEC) chairman Gary Gensler […]

May 11
Netflix stock falls toward a 5-year low, has lost more than half its value since reporting Q1 results

Shares of Netflix Inc. NFLX, -6.35% took a 5.0% hit in afternoon trading Wednesday, putting them on track to close at a five-year low, in the wake of a New York Times report that the streaming video giant plans to launch and ad-supported pricing tier and crack down on password sharing by the end of […]