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The shadow fork, which is intended to test the next phase of Ethereum’s configuration, has no impact on the existing mainnet. 634 Total views 27 Total shares Ethereum developers implemented the network’s first-ever “shadow fork” on Monday, marking an important milestone in the ongoing shift to a proof-of-stake (PoS) consensus. The shadow fork provides a […]
U.S. stock indexes closed sharply lower Monday, with technology and energy stocks leading the way down, as equities added to last week’s declines and Treasury yields marched higher. The Dow Jones Industrial Average DJIA, -1.19% shed about 412 points, or 1.2%, ending Monday near 34,309 and booking its worst daily percentage decline in more than […]
EURUSD, “Euro vs US Dollar” After completing the descending wave at 1.0836 along with the correction up to 1.0911, EURUSD is falling towards 1.0848 and may later consolidate there. If the price breaks this range to the upside, the instrument may start a new correction with the target at 1.0995. GBPUSD, “Great Britain Pound vs […]
EURUSD, “Euro vs US Dollar” As we can see in the H4 chart, EURUSD is trading below the 200-day Moving Average to indicate a possible descending tendency. In this case, the price is expected to test 1/8, break it, and then continue falling to reach the support at 0/8. Still, this scenario may no longer […]
Because of rising heating demand, the price of natural gas in the United States is set to reach its highest level since 2008. On Monday, U.S. natural gas futures rose about 5%, putting the contract on track for its highest close in 13 years, on higher-than-expected heating demand and as much higher global gas prices […]
Type: Bearish ReversalKey Levels:Resistance: 239.15Pivot: 235.90Support: 230.05Preferred Case:We see the potential for a bearish dip from our pivot at 235.90 in line with 61.8% Fibonacci projection and 138.2% Fibonacci extension towards our 1st support at 230.05 in line with 38.2% Fibonacci retracement. Our bearish bias is supported by the stochastic indicator where price is trading […]