Latest Market News
EURUSD, “Euro vs US Dollar” As we can see in the H4 chart, EURUSD is trading below the 200-day Moving Average to indicate a possible descending tendency. In this case, the price is expected to test 2/8, break it, and then continue falling to reach the support at 1/8. Still, this scenario may no longer […]
Metals Rise As USD Weakness ContinuesIt’s been a much better opening for metals traders this week. With the greenback still under selling pressure today, gold and silver prices are continuing their recent recover run higher. Gold is now trading around 4% higher from last week’s lows with silver prices around 8% higher. While the US […]
Type: Bearish ContinuationKey Levels:Resistance: 3986Pivot: 3944Intermediary Support: 3860Support : 3831Preferred Case:With price within the Ichimoku cloud resistance, we have a bearish bias that price will drop to our support in line with the horizontal swing low support and 78.6% Fibonacci projection from our pivot in line with the horizontal swing high resistance and 50% Fibonacci […]
After a strong 2,000% rally in early 2021, Fantom (FTM) price collapsed alongside multiple altcoins and even though the blockchain has an impressive capability, it has yet to find mass adoption due to the lack of a compelling use case. FTM price hit an all-time high at $3.46, only to collapse to its pre-bull market […]
Advance Auto Parts Inc. AAP, +0.74% shares fell slightly more than 1% in the extended session Monday after the specialty retailer reported lower-than-expected adjusted profit in the first quarter. Advance Auto Parts earned $140 million, or $2.26 a share, in the quarter, compared with $186 million, or $2.81 a share, in the year-ago quarter. Adjusted […]
Bitcoin (BTC) is off to a better start than most this week as bulls avoid serious losses into the weekly close. Still heavily tied to declining stock markets, the largest cryptocurrency is nonetheless defending $30,000 on May 23 and eyeing the top of its post-Terra (LUNA) trading range. While there are no signs of an […]