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Oil prices rose today, Friday, June 17, 2022, with continued supply tightening and new US sanctions to limit Iranian oil exports. Crude prices had started trading lower, with concerns about demand emerging in the wake of US interest rate increases. Oil Prices Today The price of the futures contracts for the benchmark Brent crude – […]
Type: Bullish RiseKey Levels:Resistance: 814’4Pivot: 787’4Support: 774’0Preferred Case:On the H4, with price moving in an ascending trend channel and above the ichimoku cloud, we have a bullish bias that price will continue to rise from the pivot at 787’4 in line with the pullback support and 61.8% fibonacci retracement to the 1st resistance at 814’4 […]
Type: Bullish RiseKey Levels:Resistance: 1916.681Pivot: 1842.696Support: 1808.346Preferred Case:On the H4, with price moving above the ichimoku cloud, we have a bullish bias that price will rise from our pivot at 1842.696 in line with the 100% fibonacci projection to 1st resistance at 1916.681 in line with the 61.8% fibonacci retracement and swing high resistance.Alternative Scenario:Alternatively, […]
Fed Chairman Jerome Powell on Friday underscored the central bank’s complete attention is on cooling down runaway inflation. “My colleagues and I are acutely focused on returning inflation to our 2% objective,” Powell said, in opening remarks at a Fed conference on the international role of the dollar. Most of Powell’s brief remarks discussed the […]
Shares of Centene Corp. CNC, -1.06% rallied 1.8% in premarket trading Friday, after the health care company raised its full-year profit and revenue outlook and added $3.0 billion to its stock repurchase program. The company also said it was reducing its real estate footprint, as part of its plan to adopt “a more modern, flexible […]
Crypto investors — particularly those that bought in toward the top of the market in 2021 — may be able to find some salvation through a tax-saving strategy called “loss harvesting,” according to Koinly’s head of tax in Australia. Koinly is one of the most widely-used crypto tax accounting firms online. Australian head of tax […]