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XAUUSD, “Gold vs US Dollar” As we can see in the H4 chart, XAUUSD has formed a Hammer reversal pattern not far from the support area. At the moment, the asset is reversing in the form of another ascending impulse. In this case, the upside target may be the resistance level at 1860.50. At the […]
Type: Bullish RiseKey Levels:Resistance: 1132’6Pivot: 1106’4Support: 1084’4Preferred Case:With price breaking above the Ichimoku cloud and making a new high on the donchian channel, we have a bullish bias that price will rise to our 1st resistance in line with the horizontal swing high resistance and 100% Fibonacci projection from our pivot in line with the […]
Type: Bearish ContinuationKey Levels:Resistance: 791’0Pivot: 784’6Support: 769’4Preferred Case:With price expected to reverse off the Ichimoku resistance, we have a bearish bias that price will drop to our 1st support in line with the horizontal swing low support from our pivot of 784’6 in line with the horizontal swing high support and 38.2% Fibonacci retracement.Alternative Scenario:Alternatively, […]
Rostin Behnam and Gary Gensler make their positions clear in keynote addresses at the annual meeting of the ISDA with Sam Bankman-Fried in attendance. 1107 Total views 46 Total shares The annual meeting of the International Swaps and Derivatives Association (ISDA) began Wednesday in Madrid. United States Securities and Exchange Commission (SEC) chairman Gary Gensler […]
Shares of Netflix Inc. NFLX, -6.35% took a 5.0% hit in afternoon trading Wednesday, putting them on track to close at a five-year low, in the wake of a New York Times report that the streaming video giant plans to launch and ad-supported pricing tier and crack down on password sharing by the end of […]
Bitcoin (BTC) price initially bounced from its recent low at $29,000 but the overall market sentiment after a 25% price drop in five days is still largely negative. Currently, the crypto “Fear and Greed Index,” which uses volatility, volume, social metrics, Bitcoin dominance and Google trends data, has plunged to its lowest level since March […]