Latest Market News

May 06
‘Decentralized Twitter’ Bluesky releases code, outlines content moderation

Bluesky outlined that it is “not possible to have a usable social network without moderation,” and intends to build a moderation model for the network dubbed “speech and reach.” 262 Total views 4 Total shares Twitter’s decentralized social media project Bluesky has released its first batch of code, and also committed to content moderation on […]

May 06
Karine Jean-Pierre named new White House press secretary, as Jen Psaki departs

Karine Jean-Pierre has been promoted to White House press secretary, President Joe Biden announced Thursday in a news release. Jean-Pierre, who has been the White House’s principal deputy press secretary, is taking over from Jen Psaki, who will depart from the White House on May 13, the release said. Reports a month ago said Psaki […]

May 06
GBPNZD H4 | Potential For A Rise!

Type: Bullish BounceKey Levels:Resistance: 1.93575 Pivot: 1.9185Support: 1.90841Preferred Case:On the H4, with price expected to continue moving within the ascending channel and expected to bounce off the support of the RSI indicator, we have a bullish bias that price will rise to our 1st resistance at 1.93575 where the pullback resistance and 50% Fibonacci retracement […]

May 06
BTCUSD H4 | Potential For A Rise

Type: Bullish BounceKey Levels:Resistance: 40857Pivot: 39079Support: 37505Preferred Case:On the H4, with the recent break of the descending channel and Ichimoku cloud to the bullish side, we have a bullish bias that price will rise to our 1st resistance at 40857 where the pullback resistance and 61.8% Fibonacci retracement is from our pivot at 39079 in […]

May 06
GBPUSD Wave Analysis – 5 May, 2022

• GBPUSD falling inside impulse waves (iii),3 and (3)• Likely to fall to support level 1.2250 GBPUSD currency pair recently broke the key support level 1.2670 (low of wave (B) from the end of 2020). The breakout of the support level 1.2670 accelerated the active weekly downard impulse waves (iii),3 and (3). Sterling can be […]

May 06
Descending channel pattern and weak futures data continue to constrain Ethereum price

Despite bouncing from a 45-day low on April 30, Ether (ETH) price is still stuck in a descending channel and the subsequent 9% gain over the past four days was just enough to get the altcoin to test the pattern’s $2,870 resistance. Ether/USD price at FTX. Source: TradingView Federal Reserve monetary policy continues to be […]