Latest Market News

Feb 04
EIA reports a smaller-than-expected weekly fall in U.S. natural-gas supplies

The U.S. Energy Information Administration reported on Thursday that domestic natural-gas supplies fell by 268 billion cubic feet for the week ended Jan. 28. That compared with the average decline of 274 billion cubic feet forecast by analysts polled by S&P Global Platts, which pegged the five-year average supply fall for the period at 150 […]

Feb 04
A metaphor? NYC 'solid gold cube' crypto promo turns out to be hollow

“To bring attention to the upcoming launch of his new cryptocurrency, German artist Niclas Castello erected this cube in Central Park, where 125 people are living, per the last census,” said GBH reporter Tori Bedford. 1526 Total views 21 Total shares The “solid gold cube” crypto promo that surfaced in New York this week has […]

Feb 04
Nasdaq selling is broad and heavy but as calm as can be, Arms Index shows

The selling on the Nasdaq exchange is certainly broad-based and heavy, as the Nasdaq Composite COMP, -3.74% sinks 2.5%, but the Nasdaq Arms Index suggests sellers are fairly cool and collected. The Arms is a volume-weighted breadth measure that tends to rise above zero during down markets, as sellers often disproportionately focus on declining stocks. […]

Feb 04
Gold prices fall as the US dollar rises

Gold prices fell in trading today, Thursday, and hovered near the highest level in the previous session. The decline in the yellow metal comes as the US dollar regains strength ahead of central bank meetings in Britain and Europe as their economies grapple with rising inflation risks. Gold Prices Today The price of gold futures […]

Feb 04
USDCAD, H4 I Potential Rise

Type: Bullish BounceKey Levels:Resistance: 1.27961Pivot: 1.26505Support: 1.2571Preferred Case:With prices moving above the Ichimoku cloud, we see the potential for a bounce from our pivot at 1.26505 in line with horizontal swing low support and 61.8% Fibonacci retracement towards our 1st resistance at 1.27961 in line with horizontal swing high resistance and 61.8% Fibonacci projection.Alternative Scenario:Alternatively, […]

Feb 04
GBPUSD, H4 I Potential Rise

Type: Bullish BounceKey Levels:Resistance: 1.3634Pivot: 1.35222Support: 1.34537Preferred Case:With price moving above the Ichimoku cloud, we have a bias that price will continue with its bullish momentum up from our pivot at 1.35222 in line with the 23.6% Fibonacci retracement and horizontal overlap support to 1st resistance at 1.3634 where the horizontal swing high resistance is.Alternative […]