Latest Market News
Baker Hughes BKR, +0.19% on Thursday reported that the number of active U.S. rigs drilling for oil was up by two to 548 this week. That followed increases in each of the previous three weeks, Baker Hughes data show. The data were released a day this week early because most financial markets are closed on […]
The Bank of Japan’s executive director announced that the eagerly-awaited digital yen won’t be used to attain negative interest rates. 1531 Total views 42 Total shares The Bank of Japan (BoJ) has said that its central bank digital currency (CBDC), the digital yen, will not be used to help attain negative interest rates. The BoJ’s […]
President Joe Biden on Thursday signaled that his administration is close to making a decision on sending top U.S. officials to Ukraine after reports said such a move was being considered. “We’ll be making that decision now,” Biden told reporters. Source: Marketwatch
Type: Bullish BounceKey Levels:Resistance: 4.7660Pivot: 4.7370Support: 4.6840Preferred Case:We see the potential for a bearish continuation from our pivot at 4.7370 in line with 78.6% Fibonacci retracement our 1st support at 4.6840 in line with 50% Fibonacci retracement and 78.6% Fibonacci projection.Alternative Scenario:Alternatively, price may break our pivot structure and head for 1st resistance at 4.7660 […]
Type: Bearish ReversalKey Levels:Resistance: 1.02414Pivot: 1.01996Support: 1.01906Preferred Case:With price moving below the Ichimoku cloud, we have a bearish bias that price will drop from our pivot at 1.01996 in line with the 38.2% Fibonacci retracement and horizontal overlap resistance to our 1st support at 1.00916 in line with the swing low support.Alternative Scenario:Alternatively, price may […]
• Fedex reversed from support level 200.00• Likely to rise to resistance level 210.00 Fedex earlier reversed up from the key round support level 200.00 (which stopped the previous intermediate impulse wave (C) at the start of March) – standing near the support trendline of the weekly down channel from August. The upward reversal from […]