Latest Market News

Would be owner Elon Musk plans to shake the crypto spammers out of Twitter, disputing their claims that fake accounts only account for 5% of the total. 50 Total views 2 Total shares Spam and bots have been the bane of anyone that uses the internet for years, but recently this digital scourge has ramped […]

President Joe Biden and first lady Jill Biden plan to travel on Sunday to Uvalde, Texas, the White House said Thursday in a news release. The Bidens expect to “grieve with the community that lost twenty-one lives in the horrific elementary school shooting,” the White House said. Source: Marketwatch

The New York Office of Cannabis Management on Thursday said TikTok will not allow the use of the word “cannabis” in public education advertisements. The office said it has launched an education campaign on the legalization of adult-use cannabis and the impact of cannabis use on public health and safety. “When we tried advertising on […]

USDCHF, “US Dollar vs Swiss Franc” As we can see in the H4 chart, after breaking the 200-day Moving Average, USDCHF is trading below it to indicate a possible descending tendency. In this case, the pair is expected to test 2/8, break it, and then continue falling to reach the support at 1/8. However, this […]

Type: Bearish MomentumKey Levels:Resistance: 773.7Pivot: 765.75Support: 755.45Preferred Case:Price has broken the ascending trendline and is moving below the ichimoku cloud, which supports our bearish bias that price will drop our pivot at 765.75 in line with the 38.2% fibonacci retracement to the support at 755.45 in line with the 50% fibonacci retracement.Alternative Scenario:Alternatively, price may […]

FOMC Minutes Confirm Fed HawkishnessThe May FOMC minutes last night were broadly as expected. The release reaffirmed the current Fed hawkishness yet, in light of the uptick in recent Fed commentary, the minutes came across a little dated. Notably the minutes confirmed that policymakers are expecting to hike rates by a further .5% in June […]