Latest Market News
GBPUSD, “Great Britain Pound vs US Dollar” GBPUSD is about to break the support level. The instrument is currently moving below Ichimoku Cloud, thus indicating a descending tendency. The markets could indicate that the price may test Tenkan-Sen at 1.2035 and then resume moving downwards to reach 1.1575 Another signal in favour of a further […]
GBPUSD is another victim of global risk aversion. The Pound sterling is looking weak against the USD on Wednesday. The current quote for the instrument is 1.1949. Risk aversion amid a new wave of concerns about a possible global recession hurt the Pound as well. The last time the British currency was trading at its […]
Gold prices drop about $3, during trading today, Wednesday, July 6, 2022, but it remained near the lowest level in 7 months. This comes as the dollar rose to its highest level in two decades, as investors continued to neglect the yellow metal and look to the greenback, in search of safety amid growing concern […]
Type: Bearish MomentumKey Levels:Resistance: 1.06560Pivot: 1.05470Support: 1.03665Preferred Case:On the H4, with price moving below the ichimoku cloud and in a descending trendline, we have a bearish bias that price will continue to drop from the pivot at 1.05470 at the pullback resistance in line with the 50% fibonacci retracement to the 1st support at 1.03665 […]
Type: Bullish BreakoutKey Levels:Resistance: 138.37Pivot: 136.7Support: 134.224Preferred Case:On the H4, with price moving within an ascending channel and above the ichimoku indicator, we have a bullish bias that price will rise to our pivot at 136.7 where the swing high resistance and 127.2% fibonacci extension are. Once there is upside confirmation that price has broken […]
The crypto payment report noted that crypto payment fees are around 1%, which is much lower than other payment options that charge between 1.5% and 3.5% 1174 Total views 22 Total shares While the market goes steady, the crypto ecosystem continues to grow as merchants innovate and adopt cryptocurrency payments in their quest to gain […]