Latest Market News

Jul 22
T-Mobile agrees to pay $350 million to settle 2021 data-breach class action

T-Mobile US Inc. TMUS, -0.53% reached an agreement to settle a class-action lawsuit regarding a 2021 cyberattack that breached some customer data, the company disclosed in a late-Friday filing. The wireless giant agreed to pay $350 million to handle claims made by class members and cover other related fees. The proposed settlement is still subject […]

Jul 22
ECB Fails to Surprise the Euro with a Hawkish Turn as Growth Risks are in Focus

The EURUSD bounce on the surprising 50 bp rate hike from the ECB proved to be short-lived indicating that investors probably prefer to focus on fundamentals, other than the rate differential with the Fed. The pair erased gains made after the ECB meeting and moved lower on Friday, finding some support at 1.015 level. Judging […]

Jul 22
E-mini Natural Gas Futures ( QG1! ), H4 Potential for Bullish Rise

Type: Bullish Bounce Key Levels:Resistance: 9.060Pivot: 8.125Support: 7.195 Preferred Case:On the H4, with prices moving above the ichimoku cloud and in an ascending trend channel, we have a bullish bias that price will rise from the pivot at 8.125 in line with the pullback support, 78.6% fibonacci projection and 61.8% fibonacci retracement to the 1st […]

Jul 22
Philip Morris Wave Analysis – 22 July, 2022

• Philip Morris reversed from support area • Likely to rise to resistance level 96.70 Philip Morris recently reversed up from the support zone located between the pivotal support 88.40 (which has been reversing the price from the end of 2021), standing close to the lower weekly Bollinger Band and the 38.2% Fibonacci retracement of […]

Jul 22
GBPCAD Wave Analysis – 22 July, 2022

• GBPCAD reversed from support area • Likely to rise to next resistance level 1.5560 GBPCAD currency pair recently reversed up from the support area lying between the key support 1.5355 (which stopped the previous impulse wave (i) in the middle of July) and the lower daily Bollinger Band. The upward reversal from this support […]

Jul 22
Bitcoin traders eye levels to hold as ‘decision time’ looms for BTC price

Bitcoin (BTC) recovered above $23,000 on July 22 as attention increasingly focused on the upcoming weekly close. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView BTC price needs to preserve at least $22,400 Data from Cointelegraph Markets Pro and TradingView showed BTC/USD finding renewed strength after briefly dipping toward $22,000. The pair traded in a critical […]