Latest Market News
Stocks were mixed after opening with small losses Tuesday, a day after gaining ground in a tech-led rally, as investors monitored developments in the Russia-Ukraine war and awaited more clues on the Fed’s plans for tightening monetary policy. The Dow Jones Industrial Average DJIA, +0.52% was up 80 points, or 0.2%, at 35,002, while the […]
The U.S. Centers for Disease Control and Prevention is planning to revamp itself following a one-month review by an outside senior federal health official, according to its head, Dr. Rochelle Walensky. The move comes after criticism of the agency for its handling of the pandemic, and in particular for issuing confusing guidance over masking, isolation […]
EURUSD, “Euro vs US Dollar” EURUSD is rebounding from the rising channel’s downside border at 1.0971; the instrument is moving below Ichimoku Cloud, thus indicating a descending tendency. The markets could indicate that the price may test the cloud’s downside border at 1.1055 and then resume moving downwards to reach 1.0780. Another signal in favour […]
EURUSD, “Euro vs US Dollar” EURUSD has finished the descending wave at 1.0960. Today, the pair may start another growth with the first target at 1.1040. GBPUSD, “Great Britain Pound vs US Dollar” After forming a new consolidation range around 1.3116, GBPUSD is moving upwards and may soon reach 1.3138. Later, the market may break […]
Type: Bullish RiseKey Levels:Resistance: 14707Pivot: 14355Support: 14202Preferred Case:With price expected to bounce off the RSI support, we have a bullish bias that price will rise to our resistance at 14707 in line with the 61.8% Fibonacci retracement and swing high resistance from our pivot at 14355 in line with the 78.6% Fibonacci retracement and swing […]
Type: Bearish DipKey Levels:Resistance: 754’6Pivot: 747’0Support: 733’0Preferred Case:We see the potential bearish dip from our Pivot at 747’0 in line 38.2% Fibonacci retracement towards our 1st support at 733’0 in line with the horizontal swing low support. Our bearish bias is further supported by how price is expected to reverse off the Ichimoku cloud resistance.Alternative […]