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Type: Bearish ReversalKey Levels:Resistance: 2644Pivot: 2597Support: 2528Preferred Case:We see the potential for a bearish reversal from our pivot at 2597 in line with 50% Fibonacci retracement towards our 1st support at 4.7270 in line with 61.8% Fibonacci projection and 127.2% Fibonacci extension. Our bearish bias is supported by the stochastic indicator where price is at […]
Type: Bearish DipKey Levels:Resistance: 4.7880Pivot: 4.7650Support: 4.7270Preferred Case:We see the potential for a dip from our pivot at 4.7650 in line with 50% Fibonacci retracement towards our 1st support at 4.7270 in line with 38.28% Fibonacci retracement. Our bearish bias is supported by the stochastic indicator where price is at resistance level.Alternative Scenario:Alternatively, price may […]
Attorney Kevin Thompson thinks that the event will make regulators frustrated, leading to the creation of reporting requirements for Shopify. 215 Total views 23 Total shares Following the announced integration of the payment app Strike with e-commerce platform Shopify to accept Bitcoin (BTC) through the Lightning Network, the crypto community raised concerns over the legal […]
Designer Brands Inc. DBI, +1.01% said ahead of its 2022 Investor Day on Friday that it has raised its full-year earnings outlook and has reinstated a quarterly dividend after a two-year COVID-19-related pause. Shares of the DSW Designer Shoe Warehouse store chain were still inactive in premarket trading. The company said it now expects fiscal […]
Australia’s opposition Labor party is facing criticism over its lack of formal policy regarding the cryptocurrency industry just days before a national election is expected to be called Prime Minister Scott Morrison, from the Liberal Party, is expected to fire the starters pistol for a Federal election this weekend. However, the Australian Labor Party (ALP) […]
Gold futures on Thursday marked their highest settlement in a week, with geopolitical risks providing some underlying support for gold, said Edward Moya, senior market analyst at OANDA. “If the next round of sanctions from the [European Union] against Russia are hard-hitting, gold could have a meaningful rally out of its trading range,” he said. […]