Latest Market News

Baker Hughes BKR, +5.69% on Friday reported that the number of active U.S. rigs drilling for oil fell by five to 591 this week. That followed a decline of nine oil rigs the week before. The total active U.S. rig count, which includes those drilling for natural gas, declined by one to 759, according to […]

The correlation between Bitcoin (BTC) and stock markets has been unusually high since mid-March, meaning the two asset classes have presented near-identical directional movement. This data might explain why the 10% rally above $21,000 is being dismissed by most traders, especially considering S&P 500 futures gained 4% in two days. However, Bitcoin trading activity and […]

BRENT On H4, the quotes have bounced off the oversold area. They now are expected to rise over 1/8 and grow to the resistance level of 2/8. This movement should be interpreted as a correction of a downtrend. The scenario can be cancelled by a downward breakaway of the support level of 0/8. In this […]

Google Cloud will be an independent enterprise validator for Ronin in a node pool along with Animoca Brands, DappRadar and Nansen. 856 Total views 51 Total shares While some are unable to recover from hacking incidents and have to throw in the towel, others are able to pick up the pieces, learn from their shortcomings […]

• EURCHF falling inside impulse waves 5 and (3) • Likely to reach support level 0.9600 EURCHF currency pair continues to fall inside the short-term impulse wave 5, which started earlier from the key resistance level 0.9800. The short-term impulse wave 5 belongs to the higher order downward impulse sequence (3) from the start of […]

• EURGBP reversed from key resistance level 0.8700 • Likely to fall to support level 0.8600 EURGBP currency pair recently reversed down precisely from the key resistance level 0.8700 (which stopped the previous sharp upward impulse wave (5) in the middle of June). The resistance area near the resistance level 0.8700 was strengthened by the […]