Latest Market News
Tesla Inc. shares TSLA, +2.97% rose 2% Tuesday, as Chief Executive Elon Musk cut the ribbon on the company’s first manufacturing facility in Europe, its 5.5 billion euro ($5.5 billion) Gigafactory in Berlin. The plant is based in Gruenheide, a coal town that sits within commuting distance of the German capital. Musk did a dance […]
They continue selling AUDUSD – the asset is slowly retreating. The Australian Dollar continues falling against the USD. The current quote for the instrument is 0.7409. Australia isn’t publishing any important data these days. In the meantime, market players are focusing on two aspects – the “greenback” strengthening as a “safe haven” asset and the […]
EURUSD continues falling; the asset is getting weaker. The major currency pair continues trading downwards on Tuesday. The current quote for the instrument is 1.1008. There are no important macroeconomic statistics today but investors have a lot of other things to pay attention to. The US Fed Chairman Jerome Powell spoke yesterday and said that […]
Washington, D.C. — The Commodity Futures Trading Commission today announced that the U.S. District Court for the Middle District of Tennessee entered a summary judgment order on March 16, 2022 for permanent injunction, monetary sanctions, and equitable relief against Rodney Scott Phelps, formerly of Tennessee. Previously, the U.S. District Court for the Middle District of Tennessee […]
For those of you tracking the Market Spotlight you’ll know I’ve been looking for GBPJPY to break for pretty much all of the year so far. This week the trade finally came to fruition with the pair blowing through the 157.88 level and now just about to hit the the initial target at 159.98.There is […]
Type: Bearish DipKey Levels:Resistance: 2608Pivot: 2557Support: 2456Preferred Case:We see the potential for bearish dip from our Pivot level at 2557 in line 38.2% Fibonacci retracement towards our 1st Support at 2456 with a swing low support level. Our bearish bias is further supported by price trading below the Ichimoku cloud indicator.Alternative Scenario:If price continues to […]