Latest Market News
Daily Market Outlook, July 15, 2022 Overnight Headlines China’s Economy Expands At Slowest Pace Since Wuhan Outbreak China Renews Medium-Term Policy Loans, Rate Unchanged Fed Hawks Say They Want 75 Basis Point Rate Hike In July Fed’s Waller Says 75bps Rate Hike Is His Base Case For July Fed’s Bullard Favours 75bps Hike At July […]
Type: Bearish Momentum Key Levels:Resistance: 0.67660Pivot: 0.67175Support: 0.66485 Preferred Case:On the H4, with RSI moving along the descending trendline and price moving along the descending trendline, we have a bearish bias that price will drop to the pivot at 0.67175 where the 127.2% fibonacci extension , 100% fibonacci projection and swing low support are. Once […]
• Palladium under bearish pressure • Likely to fall to support level 1765.00 Palladium under the bearish pressure after the price broke the support level 1900.00 intersecting with the support trendline of the daily up channel from the middle of June. The breakout of this up channel accelerated the active minor impulse wave 3 from […]
• EURJPY reversed from support level 138.00 • Likely to rise to resistance level 140.00 EURJPY currency pair recently reversed up with the Bullish Engulfing from the key support level 138.00, standing near the lower daily Bollinger Band and the 61.8% Fibonacci correction of the upward impulse from May. The upward reversal from the support […]
Bitcoin (BTC) hit $21,000 for the first time in several days on July 15 as markets enjoyed what one trader called “summer relief.” BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView Altcoin rebound eyed as BTC price adds 11% Data from Cointelegraph Markets Pro and TradingView showed BTC/USD grinding higher overnight to just tap the $21,000 mark […]
Stifel has cut eBay Inc.’s EBAY, +3.16% price target to $60 from $62 amid currency pressures and headwinds in the online marketplace’s international business. “We are leaving our 2Q estimates relatively unchanged, however, due to devaluations of international currencies our estimates decline slightly,” wrote Stifel analyst Scott Devitt, in a note. “Our 2Q GMV estimate […]