Latest Market News

Feb 02
Diem stablecoin co-founder praises Bitcoin for censorship resistance

Meta’s Diem co-creator, David Marcus, said that he was a “big fan of Bitcoin,” calling it digital gold back in 2019. 1187 Total views 74 Total shares Shortly after Meta, formerly Facebook, officially gave up on its stablecoin Diem, some of the key people in the project have become increasingly vocal about the uncensorable nature […]

Feb 02
CNN President Jeff Zucker resigns after failing to disclose relationship with coworker

CNN President Jeff Zucker has resigned from his post after failing to disclose a romantic relationship with a co-worker, Zucker himself announced in a message to employees. Zucker said he was asked about a consensual relationship with his closest colleague as part of the network’s investigation of anchor Chris Cuomo’s tenure at CNN, a person […]

Feb 02
EURUSD is heading upwards. Overview for 02.02.2022

EURUSD continues rising; the risk attitude pushes the asset upwards. The major currency pair is strengthening in the middle of the week. The current quote for the instrument is 1.1288. Risk attitude in global financial markets is now pretty high – that deprives the “greenback” of the support it got used to and helps the […]

Feb 02
Forex Technical Analysis & Forecast 02.02.2022

EURUSD, “Euro vs US Dollar” EURUSD is still growing with the short-term target at 1.1300. Later, the market may start a new correction to reach 1.1220 and then form one more ascending structure with the target at 1.1320. GBPUSD, “Great Britain Pound vs US Dollar” After finishing the ascending wave at 1.3500, GBPUSD is still […]

Feb 02
Dow Jones Wave Analysis – 2 February, 2022

• Dow Jones reversed from support zone • Likely to rise to resistance level 36400 Dow Jones index recently reversed up with the weekly Hammer from the support zone lying between the key support level 33425.00 (which has been reversing the index from the start of 2021) and the lower weekly Bollinger Band. This support zone […]

Feb 02
Natural gas Wave Analysis – 2 February, 2022

• Natural gas broke resistance zone • Likely to rise to resistance level 5.50 Natural gas recently broke the resistance zone lying between the key resistance level 4.500 (top of the previous impulse wave 1) and the 50% Fibonacci correction of the previous sharp downward impulse from November The breakout of this resistance zone accelerated the active […]