Latest Market News
Inflation in the US is at a 40-year high, but the Fed should be concerned not so much with the level of prices as with its structural persistence – the share of companies planning to raise prices has risen to a record level and continues to grow. It is becoming increasingly difficult to expect a […]
Type: Bullish ContinuationKey Levels:Resistance: 92.88Pivot: 88.82Support: 86.78Preferred Case:With price expected to reverse off the support of the Ichimoku cloud, we are bias that price will rise from our pivot at 88.82 in line with the 61.8% Fibonacci projection and 61.8 Fibonacci retracement level and horizontal overlap support to 1st resistance at 92.88 in line with […]
• EURGBP reversed from resistance zone • Likely to fall to support level 0.8320 EURGBP currency pair recently reversed down from the resistance zone lying between the key resistance level 0.8460 (former support from December), upper daily Bollinger Band and the 61.8% Fibonacci correction of the downward impulse from December. The downward reversal from this […]
Analysts and pundits will scramble to find some angle to explain intra-day price action whenever important economic numbers are published and this practice is commonplace in the crypto sector. When the United States Bureau of Labor Statistics reported a 7.5% increase in the Consumer Price Index (CPI) on Feb. 10, traders rushed to find some […]
Stocks ended sharply lower Friday after White House National Security Adviser Jake Sullivan warned that a Russian invasion of Ukraine could happen “any day now.” The Dow Jones Industrial Average DJIA, -1.43% fell 504 points, or 1.4%, to close near 34,737, according to preliminary figures, while the S&P 500 SPX, -1.90% dropped around 86 points, […]
The Chairman of the FSMA, Jean-Paul Servais, spoke at a colloquium in Paris organized by the French financial supervisors the ACPR and the AMF and attended by approximately 500 people. The topic of the colloquium was the protection of consumers against cybercrime and investment fraud. These phenomena have grown more frequent in the past few years and […]