Latest Market News

Feb 08
Oil futures post back-to-back session declines

Oil futures fell on Tuesday, with U.S. benchmark prices settling at their lowest level in nearly a week. “While some are suggesting the resumption of U.S.-Iran nuclear talks is acting as a drag, the reality is, even if there was an agreement it’s not immediately obvious how quickly this would translate into more supply,” said […]

Feb 08
Simple math says Russia could collect up to $13B in crypto tax each year

The note mentioned that the estimates are an overview based on a tax slab of 6%, which would be different once regulations are in place. 1012 Total views 40 Total shares The Russian government is expected to collect up to 1 trillion rubles ($13 billion) in crypto tax each year, as per an estimation by […]

Feb 08
Gold futures tally a third-straight session gain

Gold futures rose on Tuesday, extending their gains to a third-consecutive session. “The only trade finding any real conviction right now seems to be betting on faster rate hikes sooner from the [Federal Reserve],” said Adrian Ash, director of research at BullionVault. He said he expects higher interest rates to act “like kryptonite to gold, […]

Feb 08
EURUSD continues the correction. Overview for 08.02.2022

EURUSD is reaching stability after skyrocketing last week.   The major currency pair is calming down after significant fluctuations last week. The current quote for the instrument is 1.1460. With not too many macroeconomic statistics in the picture, investors have plenty of time to analyse and discuss the prospects of global monetary policies.  For example, […]

Feb 08
Forex Technical Analysis & Forecast 08.02.2022

EURUSD, “Euro vs US Dollar” EURUSD is still consolidating around 1.1425. Possibly, today the pair may fall with the short-term target at 1.1386. Later, the market may correct to test 1.1410 from below and then resume trading downwards to reach 1.1370. GBPUSD, “Great Britain Pound vs US Dollar” GBPUSD continues forming a new consolidation range […]

Feb 08
Nasdaq 100 E-mini Futures

Type: Bullish BounceKey Levels:Resistance: 15254Pivot: 14496Support: 13843Preferred Case:With price approaching the support the Ichimoku cloud, we are biased that price will rise from our pivot structure at 14496 in line with the horizontal overlap support and 50% Fibonacci retracement to 1st resistance at 15254 in line with the horizontal overlap resistance and 61.8% Fibonacci projection […]