Latest Market News
Washington, D.C. — The Commodity Futures Trading Commission today filed a civil enforcement action in the U.S. District Court for the Eastern District of Wisconsin against Kay Yang of Mequon, Wisconsin, and her companies, AK Equity Group LLC and Xapphire LLC. The complaint charges Yang, AK Equity, and Xapphire with fraud and misappropriation related to […]
Amazon.com Inc. AMZN, +3.08% announced Wednesday that its “Just Walk Out” technology, which allows customers to bypass checkout to pay for items, will be making its Major League Baseball debut. During the 2022 season, guests will be able to buy snacks, souvenirs, wine and more at two shops in Minute Maid Park, home for the […]
So, just we suggested earlier, the BTC is choosing a negative scenario. The major cryptocurrency recovered a little bit on Friday and was trading at $40,076, but yesterday it dropped to $39,273. The key reason for that is the US stock indices slump, while the BTC has a strong correlation with them. First of all, […]
EURUSD, “Euro vs US Dollar” EURUSD is rebounding from Tenkan-Sen and Kijun-Sen at 1.0822 and may soon break the low it rebounded from in March; the instrument is moving below Ichimoku Cloud, thus indicating a descending tendency. The markets could indicate that the price may re-test Tenkan-Sen and Kijun-Sen at 1.0870 and then resume moving […]
Type: Bearish ReversalKey Levels:Resistance: 20.69Pivot: 20.41Support: 19.86Preferred Case:We see the potential for a bearish dip from our pivot at 20.41 in line with 138.2% Fibonacci extension towards our 1st support at 19.86 in line with 38.2% Fibonacci retracement and 78.6% Fibonacci projection. Our bearish bias is supported by stochastic indicator where price is trading near […]
Type: Bullish BounceKey Levels:Resistance: 4.7535Pivot: 4.6945Support: 4.6700Preferred Case:We see the potential for a bounce from our pivot at 4.6945 in line with 50% Fibonacci retracement and 61.8% Fibonacci projection towards our 1st resistance at 4.7535 in line with 138.2% Fibonacci extension. Our bullish bias is supported by price trading above the Ichimoku cloud indicator.Alternative Scenario: […]