Latest Market News

Aug 06
COFFEE C Futures (KC1!), H4 Potential For Bullish Rise

Type: Bullish Rise Key Levels:Resistance: 236. 40 Pivot: 220.00 Support: 207.60 Preferred Case:On the H4, with price moving above the ichimoku cloud and the MACD histogram is above zero, we have a bullish bias that price will rise from our pivot at 220.00 where the pullback resistance and 61.8% fibonacci retracement are. Once there is […]

Aug 06
CHFJPY Wave Analysis – 5 August, 2022

• CHFJPY reversed from support level 138.80 • Likely to rise to resistance level 142.00 CHFJPY recently reversed up from the support level 138.80, strengthened by the lower daily Bollinger Band and the 50% Fibonacci correction of the upward impulse wave 1 from June. The upward reversal from the support level 138.80 started the active […]

Aug 06
Zillow stock gets a downgrade at Wedbush amid ‘softer trends’ throughout the business

Wedbush analyst Jay McCanless downgraded Zillow Group Inc.’s stock ZG, -1.99% Z, -1.59% to neutral from outperform Friday, in the wake of the real-estate company’s latest earnings report that brought a lower third-quarter outlook than expected and showed the pains the company is experiencing from its exit of the iBuying business. “While we are favorable […]

Aug 06
Bitcoin price reaches $23.4K on 4.6% gains amid ‘very mixed’ outlook

Bitcoin (BTC) rebounded overnight into Aug. 5 as a fresh trendline reclaim opened the door to further gains. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView Daily BTC price chart sets up “tentative” long signal Data from Cointelegraph Markets Pro and TradingView showed BTC/USD bouncing off a local bottom at $22,400 to add around 4.6%. The […]

Aug 06
Carvana shares speed toward best day in more than two years

Shares of used-card retailer Carvana Co. CVNA, +40.07% were up more than 38% in Friday morning trading after flirting with what could be their best single-day percentage gain on record. Carvana’s stock was up 38.7% Friday morning and on track for its largest one-day gain since March 24, 2020, when it rose 43.0%. However, shares […]

Aug 05
Central Bank launches consultation on climate change risk guidance for the insurance sector

  Climate change is no longer an “emerging risk” – the time for action is now. Strengthen the resilience of the financial system to climate-related risks a key priority for the Central Bank. The Central Bank expects all insurers to monitor their exposure to climate change risk. The Central Bank of Ireland has today (3 […]