Latest Market News

Feb 10
Meet the top 5 busiest crypto funders of 2021, according to PwC

The average deal size of crypto mergers and acquisitions reached $180 million in 2021, surging from $53 million in 2020, PwC said. 2686 Total views 22 Total shares Merger and acquisition deals in the cryptocurrency industry, simply known as M&As, have massively increased in 2021, with associated value jumping nearly 5,000%, according to PwC, one […]

Feb 10
Gold futures up 5 session in a row, longest streak of gains since November

Gold futures ended higher on Thursday, stretching their streak of gains to a fifth session in a row – the longest run of consecutive gains since November. The rise for the metal came in the wake of data showing the U.S. consumer price index rose by a more than expected 0.6% in January to 7.5%, […]

Feb 10
Fibonacci Retracements Analysis 10.02.2022 (Brent, Dow Jones)

Brent As we can see in the H4 chart, divergence on MACD made the asset start a new correctional downtrend after testing the post-correctional extension area between 138.2% and 161.8% fibo at 94.53 and 99.41 respectively. After the correction is over, the price may break the local high at 94.73 and continue moving within the […]

Feb 10
Forex Technical Analysis & Forecast 10.02.2022

EURUSD, “Euro vs US Dollar” Having completed the first descending wave at 1.1396 along with the correction towards 1.1446, EURUSD has finished another descending impulse to reach 1.1414; right now, it is correcting towards 1.1429 and may later resume falling to break 1.1382. After that, the instrument may continue trading downwards with the short-term target […]

Feb 10
Gold prices fall, awaiting US data

Gold prices fell in trading today, Thursday; Investors are cautiously awaiting US inflation data that may provide new clues about the pace of monetary tightening by the Federal Reserve. And gold prices ended their trading on the rise, yesterday, Wednesday; To continue rising for the fourth consecutive session, with the US dollar falling. Gold Prices […]

Feb 10
The Bar is too High for US CPI to Surprise on the Upside

The significance of today’s US inflation report can hardly beoverestimated. Over the past few years there were few inflation reports, which drewas much attention as the January report. The Fed acknowledged in December thatit was wrong with its inflation forecasts, removing the word “temporary” fromthe wording. Additionally then signaled in January that getting a grip […]