Latest Market News
Bitcoin’s (BTC) tight correlation with the legacy markets continues to be a drag, especially as the United States equity markets remain in a firm bear trend. The Dow Jones Industrial Average is on track for its eighth consecutive negative week and the S&P 500 is close to plunging into the bear market territory. Celsius (CEL) […]
Shares of Deere & Co. DE, -14.07% plunged 14.9% toward a 15-month low in afternoon trading Friday, after the maker of construction, agriculture and forestry equipment beat fiscal second-quarter profit and revenue expectations but warned that headwinds from supply-chain constraints were expected to continue in the coming quarters. While the company affirmed fiscal 2022 sales […]
EURUSD, “Euro vs US Dollar” After extending the correction up to 1.0606 and then finishing the first descending impulse at 1.0555, EURUSD has completed another correctional structure at 1.0580. Later, the market may fall to break 1.0500 and then continue trading downwards with the target at 1.0300. GBPUSD, “Great Britain Pound vs US Dollar” Having […]
The Financial and Consumer Services Commission (FCNB) has become aware that Omega Options or “Omega Optionss,” which claims to provide online cryptocurrency trading services, is accepting New Brunswick residents as clients. This entity is not registered in New Brunswick to provide such services. Omega Options appears to be operating out of the United States. New […]
The ECB has finally taken the lead. The minutes of the ECB meeting released yesterday showed that the influence of hawks in the Governing Council is increasing and willingness of the ECB to move to tightening as early as possible has increased significantly. A rate hike in July becomes the base case for markets, but […]
Type: Bearish ContinuationKey Levels:Resistance: 103.295Pivot: 103.125Support: 102.965Preferred Case:With price moving below the ichimoku cloud, we have a bearish bias that price will drop to our suport in line with the horizontal swing low support from our pivot in line with the horizontal swing high support and 38.2% Fibonacci retracement.Alternative scenario: Alternatively, price may break pivot […]