Latest Market News
GBPUSD has climbed into positive territory; investors believe it may continue rising. The British Pound is growing against the USD on Thursday. the current quote for the instrument is 1.3631. Inflation in the United Kingdom in December demonstrated phenomenal growth and reached 5.4% y/y after being 5.1% y/y the month before and against the […]
Brent As we can see in the H4 chart, Brent has broken its previous high at 86.63. Right now, the asset is trying to fix above it and continue trading upwards to reach the post-correctional extension area between 138.2% and 161.8% fibo at 94.56 and 99.43 respectively. The key support is the low at 65.89. […]
Type: Bearish ReversalKey Levels:Resistance: 115.197Pivot: 114.946Support: 114.293Preferred Case:Prices are on bearish momentum and abiding to our descending trendline. We see the potential for a dip from our Pivot at 114.946 in line with 50% Fibonacci retracement towards our 1st support at 114.293 in line with 50% Fibonacci retracement. Prices are trading below our Ichimoku clouds […]
Type: Bearish ReversalKey Levels:Resistance: 0.92008Pivot: 0.91795Support: 0.91316Preferred Case:With price moving below the ichimoku cloud, we have a bearish bias that price will drop from our pivot of 0.91795 in line with the 50% Fibonacci retracement level to 1st support at 0.91316 in line with the 50% Fibonacci retracement level.Alternative Scenario:Alternatively, price may break pivot structure […]
Recently, Cointelegraph spoke to Miami Mayor Francis Suarez following the announcement that Miami residents with a digital wallet can earn a Bitcoin dividend. The company that sets up the infrastructure to get Bitcoin dividends into the hands of citizens is CityCoins, an open-source protocol that provides fundraising mechanisms for cities. Miami and New York City […]
President Joe Biden on Wednesday said there will be improvements as the COVID-19 pandemic continues, as he spoke during a news conference at the White House. “Some people may call what’s happening now a new normal. I call it a job not yet finished. It will get better,” Biden told reporters. Source: Marketwatch