Latest Market News
Alfa Romeo’s Tonale NFT certifies a car upon purchase and then records and keeps data during the vehicle’s lifespan. 767 Total views 51 Total shares Italian carmaker Alfa Romeo has unveiled its latest vehicle, the Tonale SUV. The firm claims that it is the first in the industry to connect each vehicle to its own […]
Altmore BDC Inc., which invests in senior secured term loans for cannabis operators in the U.S., on Wednesday said it expects its initial public offering of 6.66 million shares to price at $14.50 to $15.50 a share for trading on the Nasdaq under the symbol ABDC. At the midpoint of the range, the McLean, Va., […]
AUDUSD is keeping its positive momentum. The Australian Dollar is growing against the USD on Wednesday. The current quote for the instrument is 0.7162. At the moment, the Aussie is quite strong but only because the USD is weak. This week, Australia released some macroeconomic reports. For example, the NAB Business Confidence showed 3 […]
GBPUSD, “Great Britain Pound vs US Dollar” As we can see in the H4 chart, the rising wave, which is heading towards the local high at 1.3749, is slowing down. After breaking the high, the asset may reach the key resistance at 1.3834. However, there is an alternative scenario suggesting that the asset may resume […]
Type: Bearish ReversalKey Levels:Resistance: 35698Pivot: 35146Support: 34402Preferred Case:With price moving within the descending channel and the conversion line crossing the base line on the Ichimoku indicator, we are bias that price will drop from our pivot of 35146 in line with the horizontal swing high resistance and 38.2% Fibonacci retracement to 1st support at 34402 […]
Type: Bearish ReversalKey Levels:Resistance: 0.71767Pivot: 0.71402Support: 0.69861Preferred Case:Price breakout of the descending trendline resistance, signifying an overall bullish momentum. We can expect price to push higher up from the pivot level in line with 23.6% Fibonacci retracement towards 1st Resistance in line with 50% Fibonacci retracement. Our bullish bias is further supported by the Ichimoku […]