Latest Market News
EURUSD, “Euro vs US Dollar” After forming a new consolidation range around 1.0886, EURUSD is correcting towards 1.0963. Later, the market may form a new descending structure to reach 1.0793 and then resume growing with the target at 1.1040. GBPUSD, “Great Britain Pound vs US Dollar” GBPUSD is still consolidating below 1.3113. Possibly, today the […]
Type: Bullish ContinuationKey Levels:Resistance: 163’18Pivot: 159’16Support: 157’24Preferred Case:With price moving above the Ichimoku cloud, we have a bias that price will rise from our pivot of 156’00 in line with the 100% Fibonacci projection to our 1st resistance of 159’27 which is also the graphical swing high resistance. Alternative Scenario:Price may dip to the support […]
Type: Bullish BounceKey Levels:Resistance: 1751’4Pivot: 1639’6Support: 1581’4Preferred Case:With price moving above the Ichimoku cloud, we see the potential for a bounce from our Pivot at 1694’2 in line with 38.2% Fibonacci retracement towards our 1st resistance at 1757’4 in line with horizontal swing high resistance. Alternative Scenario:Alternatively, price can potentially dip towards our 1st support […]
“The proverbial doors of policymakers are wide open, this is now a national conversation in the U.S.,” said Circle CEO Jeremy Allaire. 1630 Total views 41 Total shares Joe Biden has signed his 82nd executive order since being sworn into office in January 2021, directly addressing a regulatory framework for digital assets in a rare […]
U.S. stocks ended sharply higher Wednesday, bouncing as investors continued to track the Russia-Ukraine war and its potential economic fallout. The Dow Jones Industrial Average DJIA, +1.15% rose around 653 points, or 2%, to end near 33,285, while the S&P 500 SPX, +2.57% gained 2.6% to finish near 4,278. The Nasdaq Composite COMP, +3.59% jumped […]
Impossible Foods Inc. on Wednesday sued Motif FoodWorks Inc., a plant-based technology rival, for patent infringement. The suit, filed in federal court in Delaware, alleges Motif’s plant-based beef replica product made with bovine myoglobin infringes upon one of Impossible’s patents. “We applaud other companies’ efforts to develop compelling plant-based products, but we do not tolerate […]