Latest Market News
Shares of Rivian Automotive Inc. RIVN, -9.33% rallied 2.9% in premarket trading Wednesday, to buck the weakness in the broader market, after the electric vehicle maker reported first-quarter production and deliveries data that the company said were in line with its expectations. The rally comes as futures ES00, -0.72% for the S&P 500 SPX, -1.26% […]
EURGBP, “Euro vs Great Britain Pound” EURGBP is rebounding from the support area at 0.8334; the instrument is moving below Ichimoku Cloud, thus indicating a descending tendency. The markets could indicate that the price may test the cloud’s upside border at 0.8415 and then resume moving downwards to reach 0.8205. Another signal in favour of […]
XAUUSD, “Gold vs US Dollar” As we can see in the H4 chart, XAUUSD has formed a Hammer pattern not far from the support area. At the moment, the asset is reversing in the form of a further uptrend. In this case, the upside target may be the resistance level at 1970.00. At the same […]
Type: Bearish DipKey Levels:Resistance: 1075’6Pivot: 1036’6Support: 982’0Preferred Case:Prices have approached our Pivot at 1036’6 in line with 61.8% Fibonacci Retracement. We see the potential for a dip from our Pivot at 1036’6 towards our 1st support at 982’0 in line with 61.8% Fibonacci Projection. Prices are trading below our Ichimoku cloud resistance, further supporting our […]
Type: Bearish DropKey Levels:Resistance: 1643’2|Pivot: 1623’2Support: 1579’6Preferred Case:With price moving below the Ichimoku cloud and expected to reverse off the stochastics indicator, we see a potential bearish dip from our Pivot at 1623’2 in line 38.2% Fibonacci retracement towards our 1st support at 1579’6 in line with the horizontal swing low support and 161.8% Fibonacci […]
The firm has built a new protocol called Taro that enables stablecoins to be sent and received on the Bitcoin Lightning Network. 3306 Total views 69 Total shares Bitcoin (BTC) software firm Lightning Labs has secured a large funding round to enable and further develop the Lightning Network for faster and cheaper Bitcoin and stablecoin […]