Latest Market News
Type: Bearish ContinuationKey Levels:Resistance: 14602Pivot: 14034Support: 13834Preferred Case:With price expected to bounce off the stochastics, we may see a rise from our pivot of 14034 in line with the horizontal swing low support and 61.8% Fibonacci projection to 1st resistance of 14602 in line with the 50% Fibonacci retracement level and horizontal overlap resistance.Alternative Scenario:Alternatively, […]
Type: Bullish ContinuationKey Levels:Resistance: 1909.2Pivot: 1890.7Support: 1881.3Preferred Case:Prices are consolidating in a parallel channel and are on bullish momentum. We see the potential for further bullish continuation from our Pivot at 1890.7 in line with 23.6% Fibonacci retracement towards our 1st resistance at 1909.2 in line with 100% Fibonacci extension and 127.2% Fibonacci expansion. Prices […]
• EURNZD broke daily up channel • Likely to fall to support level 1.6800 EURNZD currency pair recently broke the round support level 1.700, intersecting with the support trendline of the daily up channel from last November. The breakout of the support level 1.700 accelerated the active minor impulse wave (i) – which belongs to […]
• WTI broke round support level 90.00 • Likely to fall to support level 86.00 WTI crude oil recently broke the round support level 90.00, intersecting with the support trendline of the daily up channel from December and the 38.2% Fibonacci correction of the previous upward impulse from January. The breakout of the support level […]
The Association of Banks of Russia has launched a dedicated expert center focused on cryptocurrency regulation. 1776 Total views 57 Total shares Amid Binance halting its services in countries like Israel over licensing matters, the world’s largest cryptocurrency exchange by trading volume continues strengthening relations with Russia. Binance announced Thursday its entry into the Association […]
Shares of Moderna Inc. MRNA, -3.59% gained 0.1% on Friday after the company said it is now developing mRNA vaccines for herpes simplex virus, varicella-zoster virus (against shingles), and certain types of cancer, starting with advanced or metastatic melanoma and non-small cell lung carcinoma. The company’s stock is down 13.7% over the past year, while […]