Latest Market News

Jul 26
SEC Philippines to investigate Binance over alleged illegal operations

A think tank in the Philippines doesn’t give up on efforts to ban Binance, now claiming that the crypto exchange has been operating illegally in the country. 803 Total views 22 Total shares Philippines’ think tank Infrawatch PH continues efforts to ban Binance in the country by asking more regulators to investigate the cryptocurrency exchange […]

Jul 26
McDonald’s revenue falls short of Street estimates

McDonald’s Corp. MCD, -1.42% posted net income totaling $1.188 billion, or $1.60 per share, down from $2.219 billion, or $2.95 per share, last year. Adjusted EPS of $2.55 beat the FactSet consensus for $2.47. Revenue of $5.718 billion was down from $5.888 billion last year and missed the FactSet consensus of $5.801 billion. Global comparable […]

Jul 26
Japanese Candlesticks Analysis 26.07.2022 (EURUSD, USDJPY, EURGBP)

EURUSD, “Euro vs US Dollar” As we can see in the H4 chart, after forming a Shooting Star reversal pattern close to the resistance area, the asset is moving sideways. At the moment, EURUSD may reverse in the form of another descending impulse. In this case, the downside target may be at 1.0110. However, an […]

Jul 26
Ichimoku Cloud Analysis 26.07.2022 (EURUSD, XAUUSD, NZDUSD)

EURUSD, “Euro vs US Dollar” EURUSD is testing Tenkan-Sen. The instrument is currently moving above Ichimoku Cloud, thus indicating an ascending tendency. The markets could indicate that the price may test Kijun-Sen at 1.0205 and then resume moving upwards to reach 1.0505. Another signal in favour of a further uptrend will be a rebound from […]

Jul 26
‘Extreme demand’ for BTC at $20K creating new support levels: Glassnode

The latest analysis by Glassnode suggests that the worst of the sell-offs could be concluded, but the market still needs time to recover. 3206 Total views 151 Total shares “Extreme” demand at the $20,000 price point for Bitcoin (BTC) appears to have forced the coins back into the hands of investors who care less about […]

Jul 26
Travelers stock surges after double upgrade, as Raymond James swings from meh to bullish

Shares of Travelers Companies Inc. TRV, +2.28% rallied 1.8% in afternoon trading Monday, after Raymond James analyst C. Gregory Peters swung to bullish on the insurer via a double upgrade. Peters boosted his rating to strong buy from market perform, skipping the broker’s outperform rating in the process. He set his stock price target at […]