Latest Market News

Mar 31
Quantum computers are many years away from cracking crypto: MIT Tech Review

“I am all for hope and am a big believer in quantum computing as a potentially disruptive technology,” said Sankar Das Sarma but noted quantum computers are nowhere near being close to cracking cryptography. 699 Total views 19 Total shares Condensed matter theory physicist and quantum information expert Sankar Das Sarma has argued in MIT […]

Mar 31
Tilray shares up 2.4% in higher-than-average volume amid hopes for MORE Act, although analysts are skeptical it will pass

Shares of Canadian cannabis company Tilray Inc. TLRY, -2.16% were up 2.4% Wednesday in higher-than-average volume, on speculation surrounding an expected House vote this week on a bill that could decriminalize cannabis. The bill, called the Marijuana Opportunity Reinvestment and Expungement Act, or MORE Act, would remove cannabis from the Schedule I classification that has […]

Mar 31
Murrey Math Lines 30.03.2022 (USDJPY, USDCAD)

USDJPY, “US Dollar vs. Japanese Yen” In the H4 chart, USDJPY is trading above the 200-day Moving Average, thus indicating a possible ascending tendency. In this case, the price is expected to break 6/8 and then continue growing and reach the resistance at 7/8. However, this scenario may no longer be valid if the price […]

Mar 31
Gold Futures (GC!), H1 Potential for Dip!

Type: Bearish ReversalKey Levels:Resistance: 1933.7Pivot: 1927Support: 1895.2Preferred Case:Prices have recently broken out of our descending trendline. We see the potential for further bearish continuation from our Pivot at 1927 in line graphical overlap and area of Fibonacci confluences towards our 1st support at 1895.2 in line with 100% Fibonacci Projection . Our bearish bias is […]

Mar 31
Coffee Futures (KCK2022), H4 Bearish Dip

Type: Bearish DipKey Levels:Resistance: 219.25Pivot: 217.20Support: 212.45Preferred Case:We see the potential for bearish reversal from our Pivot level at 217.50 in line 23.6% Fibonacci retracement towards our 1st Support at 212.45 in line with 61.8% Fibonacci projection. Our bearish bias is supported by price trading below the Ichimoku cloud indicator.Alternative Scenario:If price continues to go […]