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EURUSD, “Euro vs US Dollar” As we can see in the H4 chart, the asset has formed a Hanging Man reversal pattern close to the resistance level. At the moment, EURUSD is reversing and may form a new correctional impulse. In this case, the downside target may be at 1.1370. However, an alternative scenario implies […]
Type: Bullish ContinuationKey Levels:Resistance: 127″14″0Pivot: 126″31″0Support: 126’16’0Preferred Case:Price is trading in a descending channel and is at support of the descending channel. Our pivot is placed at 126″31″0 in line with 23.6% Fibonacci retracement. Price can potentially break this key level and go to the resistance level of 127’14’0 which is in line with 78.6% […]
Type: Bearish ReversalKey Levels:Resistance: 1837.7Pivot: 1826.6Support: 1809.5Preferred Case:Prices are at pivot. We see the potential for a dip from our Pivot at 1826.6 in line with 127.2% Fibonacci extension, 61.8% Fibonacci extension and 61.8% Fibonacci retracement towards our 1st support at 1809.5 in line with 38.2% Fibonacci retracement and graphical overlap. Our bearish bias is […]
New York resident Heather Morgan, 31, claims to be many things: “a serial entrepreneur, prolific writer, irreverent comedic rapper, and investor in B2B software companies with high growth potential.” But her LinkedIn bio doesn’t mention anything about her alleged capability to help launder hacked cryptocurrency. Yesterday morning, FBI agents arrested Morgan — or was it […]
The U.S. Energy Information Administration raised its 2022 forecasts for U.S. and global benchmark oil prices by about 11%, according to a monthly report released Tuesday. The EIA said this year’s Brent crude is expected to average $82.87 a barrel, up 10.6% from the January forecast. West Texas Intermediate crude prices are expected to average […]