Latest Market News
Global-E Online Ltd. GLBE, +9.13% announced early Tuesday that it has entered into a definitive agreement to acquire Pitney Bowes Inc.’s PBI, +2.20% e-commerce global mailing and shipping business, Borderfree, for $100 million, financed in cash. Borderfree is expected to generate $40 million in revenue in calendar 2022. Borderfree helps e-commerce businesses manage local regulations […]
USDCAD, “US Dollar vs Canadian Dollar” As we can see in the H4 chart, after forming a Shooting Star reversal pattern close to the resistance level, USDCAD may reverse in the form of another descending impulse. In this case, the downside target may be the support area at 1.2870. Later, the market may rebound from […]
GBPUSD is slowly rising; investors are keeping an eye on risks. The Pound sterling is growing a little bit against the USD on Tuesday. The current quote for the instrument is 1.2305. This month was pretty rough for the British currency. It seems like it is taking a short break now, but reasons for concern […]
Gold prices fell, during trading today, Tuesday, June 21, 2022, with the increase in US bond yields. This comes in light of investors’ anticipation of the position of major central banks to raise interest rates to get a clearer view of bullion. Gold Prices Today The price of gold futures contracts – August delivery – […]
Type : Bullish Momentum Key Levels:Resistance : 105.580 Pivot: 103.520 Support : 102.780 Preferred Case: On the H4, price expected to bounce off the ichimoku cloud support which supports our bullish bias that price will rise from our pivot at 103.520 in line with the swing low support and 50% Fibonacci retracement to the 1st […]
Type: Bullish RiseKey Levels:Resistance:322.8Pivot:317.7Support:313.65Preferred Case:On the H1, price is moving above the ichimoku cloud and has broken out of the descending trendline which supports our bullish bias that price will rise from the pivot at 317.7 where the pullback support is to the 1st resistance at 322.8 in line with the swing high resistance, 61.8% […]