Latest Market News
Two moving averages warn of a bear market-style price floor in the making, says analysis one month after Bitcoin’s weekly chart “death cross.” 5547 Total views 7 Total shares Bitcoin (BTC) is facing a rare chart phenomenon that has historically resulted in 50% price drawdowns, new data shows. In a tweet on April 25, popular […]
Archer Daniels Midland Co. ADM, -1.32% shares rose nearly 4% in Tuesday premarket trading after it reported first-quarter earnings that beat the Street. The nutrition company, which produces ingredients like sweeteners and flavors, posted net income of $1.054 billion, or $1.86 per share, up from $689 million, or $1.22 per share, last year. Adjusted EPS […]
Elon Musk buying Twitter for $44 billion boosts Dogecoin by 25% in the last 24 hours, but selloff risks persist. 950 Total views 4 Total shares Dogecoin (DOGE) prices flipped higher in the last 24 hours after its most celebrated backer Elon Musk purchased Twitter for $44 billion. At its best, Dogecoin had climbed to $0.17 […]
Shipping giant A.P. Moeller-Maersk’s MAERSK.B, +5.87% shares rallied 6% in mid-morning trade in Copenhagen, as the company lifted its earnings guidance for the year. A.P. Moeller-Maersk said it now expects underlying EBITDA of $30 billion, versus $24 billion previously, and free cash flow above $19 billion, versus prior guidance of above $15 billion. It gave […]
NZDUSD, “New Zealand Dollar vs US Dollar” NZDUSD is still rebounding from Tenkan-Sen. The instrument is currently moving below Ichimoku Cloud, thus indicating a descending tendency. The markets could indicate that the price may test Kijun-Sen at 0.6665 and then resume moving downwards to reach 0.6450. Another signal in favour of a further downtrend will […]
USDJPY is slowly moving away from the multi-year highs. The Japanese Yen is trying to reach stability against the USD after plummeting to its 20-year lows. The current quote for the instrument is 127.85. The Yen devaluation attracted a lot of attention and it seems like market players finally decided that it was too much. […]