Latest Market News

Jan 29
QVC parent stock sinks after preliminary results show revenue decline

Shares of QVC parent Qurate Retail Inc. QRTEA, -14.55% sank 18.4% in Friday trading after the company gave a preliminary look at fourth-quarter revenue results that show an 8% to 9% decline, in constant currency. Revenue for QxH, which represent the QVC U.S. and HSN businesses, are expected to be down 6.5% to 7.5%, also […]

Jan 29
Market Spotlight: AUDJPY Ready To Break Lower

AUDJPY price action is catching my eye here. The rejection at the 83.94 level has seen the market reversing lower and breaking down out of the bull channel. Price has recently broken below the 82.02 level and, following a subsequent retest, is turning lower again. Risk currencies have come under heavy pressure this week amidst […]

Jan 29
CADJPY, H4 | Potential For Dip

Type: Bearish ReversalKey Levels:Resistance: 91.218Pivot: 91.027Support: 90.456Preferred Case:Prices are on bearish momentum and abiding to our descending trendline. We see the potential for a dip from our Pivot 91.027 in line with 61.8% Fibonacci extension and 100% Fibonacci retracement towards our 1st support at 90.456 in line with 61.8% FIbonacci extension. Ichimoku clouds are depicting […]

Jan 29
EURCAD Wave Analysis – 28 January, 2022

• EURCAD reversed from support zone • Likely to rise to resistance level 1.4350 EURCAD recently reversed up once again from the support zone lying between the key support level 1.4176 (which has been reversing the price from November) and the lower daily Bollinger Band. The upward reversal from this support zone stopped the earlier […]

Jan 29
Gold futures mark worst weekly performance since November

Gold prices fell on Friday, pressured by overall strength in the U.S. dollar after the Federal Reserve this week indicated that it may hike interest rates as soon as March. The loss contributed to 2.5% decline for the week, based on the most-active contracts. That was the worst weekly percentage decline since the period ending […]

Jan 29
Trezor removes controversial address verification protocol, other wallets follow suit

One week after introducing the Address Ownership Proof Protocol, or AOPP, the hardware wallet company backtracked on its decision due to customer privacy concerns. 1264 Total views 17 Total shares Since 2019, Swiss financial crypto intermediaries have required proof of ownership of an external wallet’s address for Bitcoin withdrawals and deposits to their customers’ non-custodial […]