Latest Market News

May 06
Senator’s Financial Freedom Act would ensure Bitcoin can be in your 401(k)

The bill is a response from the Alabama Senator to Senator Warren and the Department of Labor’s bid to block Bitcoin investments in self-directed 401(k) investment plans. 2281 Total views 52 Total shares Republican Senator Tommy Tuberville from Alabama has unveiled a new bill he calls the Financial Freedom Act to allow Americans to add […]

May 06
Senate sets up vote next week to codify Roe v. Wade

The Democratic-led Senate will next week take a vote to codify Roe v. Wade, Majority Leader Chuck Schumer, a New York Democrat, said Thursday. Schumer announced a planned Wednesday vote in a tweet, following news that the Supreme Court looks poised to overturn the landmark Roe v. Wade abortion-rights decision. The measure appears poised to […]

May 06
Japanese Candlesticks Analysis 06.05.2022 (EURUSD, USDJPY, EURGBP)

EURUSD, “Euro vs US Dollar” As we can see in the H4 chart, the asset has formed a Harami reversal pattern close to the resistance area during the pullback. At the moment, EURUSD is reversing in the form of a new descending impulse. In this case, the downside target may be at 1.0440. However, an […]

May 06
Ichimoku Cloud Analysis 06.05.2022 (EURUSD, BRENT, AUDUSD)

EURUSD, “Euro vs US Dollar” EURUSD is testing the support area. The instrument is currently moving below Ichimoku Cloud, thus indicating a descending tendency. The markets could indicate that the price may test the cloud’s downside border at 1.0555 and then resume moving downwards to reach 1.0275. Another signal in favour of a further downtrend […]

May 06
Market Spotlight: Short GBPAUD Opportunities for BOE Today

BOE Up NextToday’s BOE rate decision will be the main focus for FX traders. On the back of the .5% hike from the Fed yesterday, some market participants are adjusting their views, anticipating a larger hike than the .25% consensus forecast. However, it is worth noting the differences between conditions for the Fed and the […]

May 06
Wheat Futures ( ZW1! ), H1 Bullish Rise!

Type: Bullish RiseKey Levels:Resistance: 1105’2Pivot: 1081’4Support: 1065Preferred Case:With price moving above the Ichimoku cloud and and the recent break of the descending trendline which signifies bullish momentum, we have a bullish bias that price will rise to our 1st resistance in line with the 1105’2 in line with the 61.8% Fibonacci retracement and swing high […]