Latest Market News

Apr 22
Memecoins eye major revamps in an effort to return to their former glory

Memecoins briefly took the cryptocurrency market by storm in 2021 after steady attention and shilling from big-name influencers like Elon Musk and Mark Cuban helped propel coins like Dogecoin (DOGE) to 100x gains.  As one should expect, in the crypto market, rapidly rising prices have a tendency to reverse course just as fast and many […]

Apr 22
Stocks sharply lower, but trim losses as Fed’s Mester pours cold water on 75 basis point hike

U.S. stocks remained on track for the biggest one-day drop since early March, but came off session lows after Cleveland Federal Reserve Bank President Loretta Mester said she didn’t see a need for a 75 basis point rate hike. In a CNBC interview, Mester said she would prefer a “methodical approach” rather than the “shock” […]

Apr 22
Binance pushes back against report exchange supplied customer data to Russian government

The exchange said it was “categorically false” that it shared user data with Russian regulators, and it had stopped working in the country following the invasion of Ukraine. 525 Total views 9 Total shares Major crypto exchange Binance challenged the accuracy of a report, which stated one of its regional heads agreed to supply Russia’s […]

Apr 22
Dow closes down 981 points Friday, books worst day since October 2020

Stocks finish sharply lower Friday to book weekly losses, as Wall Street focused on a potentially compressed timeline for the Federal Reserve to swiftly raise interest rates in a bid to curtail inflation at 1980s levels. The Dow Jones Industrial Average DJIA, -2.82% shed about 981 points, or 2.8%, ending near 33,811. It marked the […]

Apr 22
Japanese Candlesticks Analysis 22.04.2022 (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 rising impulse. In this case, the upside target may be the resistance level at 1995.00. At the […]

Apr 22
Murrey Math Lines 22.04.2022 (Brent, S&P 500)

BRENT In the H4 chart, Brent is trading above at 200-day Moving Average to indicate a possible sideways tendency. Yesterday bears attempted to break 1/8 but failed – bulls were stronger, so the price is currently moving above this level. In this case, the price is expected to test the resistance at 2/8, break it, […]