Latest Market News
Type: Bearish DropKey Levels:Resistance: 1131’6Pivot: 1107’0Support: 1075’2Preferred Case:Prices are at a pivot . We see the potential for a dip from our pivot at 1107’0 in line with which is an area of Fibonacci confluences towards our 1st support at 1075’2 in line with 38.2% Fibonacci retracement. RSI is at levels where pullbacks previously occurred, […]
Type: Bearish ReversalKey Levels:Resistance: 1697’4Pivot: 1680’0Support: 1652’4Preferred Case:We see the potential for a bearish reversal from our pivot at 1680’0 in line with 61.8% Fibonacci projection and 78.6% Fibonacci retracement towards our 1st support at 1652’4 in line with 38.2% Fibonacci retracement and 61.8% Fibonacci projection. Our bearish bias is supported by the RSI indicator […]
• WTI reversed from key support level 93.50• Likely to rise to resistance level 105.00 WTI crude oil today reversed up sharply from the key support level 93.50 (which formed the daily Mornign Star in March) – standing near the 38.2% Fibonacci correction of the upward price impulse from December. The upward reversal from the […]
• AUDCHF reversed from pivotal support level 0.6900• Likely to rise to resistance level 0.7000 AUDCHF currency pair today reversed up sharply from the pivotal support level 0.6900 (which stopped the previous corrective wave (iv) at the end of March). The support zone near the support level 0.6900 is strengthened by the 38.2% Fibonacci correction […]
Bored Apes take on the restaurant and movie business The Bored Ape Yacht Club, or BAYC, NFT holders own the intellectual property rights to their specific apes and can use the likeness of their ape(s) for commercial purposes. One such BAYC member, Andy Nguyen, decided to open a Bored Ape-themed restaurant aptly named Bored & Hungry […]
The American Petroleum Institute reported late Tuesday that U.S. crude supplies rose by nearly 7.8 million barrels for the week ended April 8, according to sources. The API also reportedly showed a weekly inventory decline of almost 5.1 million barrels for gasoline, while distillate stockpiles fell by about 5 million barrels. Oil stocks at the […]