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AUDUSD, “Australian Dollar vs US Dollar” AUDUSD is trading at 0.7135; the instrument is moving below Ichimoku Cloud, thus indicating a descending tendency. The markets could indicate that the price may test Tenkan-Sen and Kijun-Sen at 0.7070 and then resume moving downwards to reach 0.6865. Another signal in favour of a further downtrend will be […]
Type: Bearish ReversalKey Levels:Resistance: 90.248Pivot: 89.066Support: 85.537Preferred Case:Prices are consolidating in an ascending triangle. We see the potential for a dip from our Pivot at 89.066 in line with 127.2% Fibonacci extension and 161.8% Fibonacci projection towards our 1st support at 85.537 in line with 61.8% Fibonacci extension and 78.6% Fibonacci retracement. Divergence is spotted […]
Type: Bearish ReversalKey Levels:Resistance: 81.273Pivot: 80.932Support: 80.237Preferred Case:Prices are on bearish momentum and abiding to our descending trendline. We see the potential for a dip from our Pivot at 38.2% Fibonacci retracement towards our 1st support at 80.236 in line with 127.2% Fibonacci extension. Prices are trading below our ichimoku clouds, further supporting our bearish […]
Separating blockchain from crypto leaves all the exciting opportunities out, legal expert Elçin Karatay told Cointelegraph. 1218 Total views 22 Total shares Blockchain can’t be separated from crypto in a progressive manner because extracting blockchain from crypto diminishes the former to a glorified database, leaving all the exciting opportunities out, Turkish law expert Elçin Karatay […]
Raymond James analyst William J. Wallace IV on Monday downgraded shares of ConnectOne Bancorp CNOB, -3.35% to outperform from strong buy and trimmed his price estimate by $2 to $38 a share following the company’s fourth-quarter results. “Assuming net interest margin has likely peaked, it will become a headwind as the Fed starts rising rates […]
Bitcoin (BTC) is heading for its worst January performance in four years — could all not be what it seems? Data from on-chain analytics resource Coinglass shows January 2022 to be the least profitable since the peak of Bitcoin’s last halving cycle. Investors, however, are still waiting for a “blow-off top.” Will Bitcoin see a rare “red” […]