Latest Market News
The Australian dollar against its US counterpart is declining slowly but steadily. The current quote 0.6748. The pressure that the USD applies to other currencies is too much to develop any alternative trend. The morning statistics demonstrated that the hopes for trade surplus in Australia had not come true. The surplus in July turned out […]
The Japanese yen against the US dollar looks extremely weak. The current quote is 143.82. The morning statistics demonstrated that the Japanese GDP in Q2, 2022 grew by 0.9% q/q and 3.5% y/y. In both cases, the result turned out to exceed expectations. It was a great surprise because investors had not expected much from […]
Members of the crypto community brought up the issue of Twitter bots and urged the social platform to do something. 639 Total views 46 Total shares Twitter is a platform for community members to discuss various perspectives on issues within the crypto space. However, productive discussions are often hindered by bots that spam “why is […]
Type: Bearish DropKey Levels:Resistance: 1825Pivot: 1777.8Support: 1743.5Preferred Case:On the H4, with price moving within a descending channel and below the ichimoku indicator, we have a bearish bias that price will drop from pivot at 1777.8 where the overlap support is to the 1st support at 1743.5, which is in line with the overlap support.Alternative Scenario:Alternatively, […]
Type: Bullish Rise Key Levels:Resistance: 1.1609Pivot: 1.1504Support: 1.1445 Preferred Case:On the H4, with the price pullback from the support, breaking the descending trendline, combined with the fundamental news, we have a short term bullish bias that the price may rise from the pivot at 1.1504, where the current price is to the 1st resistance at […]
Avalanche-based lending protocol Nereus Finance has been the victim of a crafty hack that saw a user net $371,000 worth of USD Coin (USDC) using a smart contract exploit. Blockchain cybersecurity firm CertiK was one of the first to detect the exploit on Tuesday, indicating that the attack impacted liquidity pools on Nereus relating to […]