Latest Market News
Some of the highest-profile investors in crypto believe that a crypto market bottom is fast approaching and the timing is right to buy — although one still warns of catastrophic outcomes should prices fall below established support levels. Billionaire Mike Novogratz, the founder, chairman and CEO of digital asset merchant bank Galaxy Digital Holdings told […]
Shares of homebuilders traded broadly lower Tuesday, after two real estate companies announced job cuts, another sign suggesting the housing market has slowed. The iShares U.S. Home Construction ETF ITB, -0.88% slumped 0.9%, putting it on track to close at the lowest price since Nov. 9, 2020. Among the sector tracker’s more active components, D.R. […]
Stocks finished mostly lower on Tuesday, with both the Dow and S&P 500 booking a fifth straight day of declines, a day before the Federal Reserve is expected to raise rates by 75 basis points. The Dow Jones Industrial Average DJIA, -0.50% shed about 150 points on Tuesday, or 0.5%, ending near 30,365. The S&P […]
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EURUSD, “Euro vs US Dollar” On H4, the pair formed a reversal Hammer pattern at the support level. Currently, if the pair goes by the signal, it might provoke an ascending impulse. The goal of the growth will be 1.0490. However, the price can still fall to 1.0340 without a pullback to the resistance level. […]
AUDUSD, “Australian Dollar vs US Dollar” On H4, the quotes are under the 200-days Moving Average, which indicates a downtrend. A test of 1/8 is expected, followed by a breakaway and a decline to the support level of 0/8. The scenario can be cancelled by a breakaway of the support level of 3/8 upwards. In […]