Latest Market News
A review by the FCA has found that challenger banks need to improve how they assess financial crime risk, with some failing to adequately check their customers’ income and occupation. In some instances, challenger banks did not have financial crime risk assessments in place for their customers. The review, conducted over 2021, identified a rise […]
Australian basketball media company, Basketball Forever is using NFTs to massively increase fan engagement. 827 Total views 57 Total shares Australian media company Basketball Forever has announced an NFT project titled Hoop Hounds which seeks to increase NBA fan engagement and provide substantial real-world utility for the tokens. Critics of NFTs have consistently taken aim […]
Cathie Wood’s ARK Invest sold nearly $100 million worth of Tesla TSLA, +3.23% shares after the electric vehicle maker’s well-received first-quarter results. The flagship ARK Innovation ETF ARKK, -4.97% sold $70 million worth of Tesla stock. Tesla is still the top holding of the ARK Innovation ETF, representing some 10% of the portfolio, and it’s […]
USDCAD, “US Dollar vs Canadian Dollar” USDCAD is testing the descending channel’s upside border. After plunging earlier, the asset quickly recovered due to significant pressure from bulls. If they fix the price above 1.2670, the asset may continue growing towards the key resistance at 1.2900, which they had been trying to break for much of […]
EURUSD, “Euro vs US Dollar” EURUSD has rebounded from 1.0930; right now, it is falling towards 1.0801. After that, the instrument may correct to reach 1.0866 and then start a new decline with the target at 1.0686. GBPUSD, “Great Britain Pound vs US Dollar” Having rebounded from 1.3086, GBPUSD is trading downwards to reach 1/2950. […]
Type: Bullish BounceKey Levels:Resistance: 1962.9Pivot: 1944.2Support: 1934.1Preferred Case:Price is moving nearer to the pivot level. We are expecting the price to potentially bounce off from our pivot level of 1944.2 in line with 138.2% Fibonacci extension towards our 1st resistance level of 1962.9 which is in line with 38.2% Fibonacci retracement and 61.8% Fibonacci projection.Alternative […]