Latest Market News
EURUSD stopped declining and is currently trying to reach stability in anticipation of the news. The major currency pair remains in balance on Wednesday. The current quote for the instrument is 1.1025. There is still no important macroeconomic data and investors continue analysing the past and future moves of the US Fed, and make plans. […]
EURUSD, “Euro vs US Dollar” After reaching the short-term upside target at 1.1040, EURUSD has completed the correction towards 1.1012. Today, the pair may form a new correctional structure to reach 1.1004 and then form one more ascending wave with the target at 1.1063. GBPUSD, “Great Britain Pound vs US Dollar” After breaking the consolidation […]
Type: Bearish DropKey Levels:Resistance: 1759’2Pivot: 1728’4Support: 1637’4Preferred Case:With price expected to reverse off the stochastics resistance , we have a bearish bias that price will drop to our 1st support at 1637’4 in line with the horizontal swing low support and 100% Fibonacci projection from our pivot at 1728’4 in line with the 61.8% Fibonacci […]
Type:Bearish ReversalKey Levels:Resistance: 121.24Pivot: 115.71Support: 104.43Preferred Case: Prices are on bearish momentum. We see the potential for a further bearish continuation from our Pivot area at 115.71 in line graphical overlap and 61.8% Fibonacci retracement and 127.2% Fibonacci Extension towards our 1st support at 104. 43 in line with 50% Fibonacci retracement. Alternative Scenario:If prices […]
The BA.2 subvariant now makes up an estimated 34.9% of COVID-19 cases in the U.S., according to the most recent data from the Centers for Disease Control and Prevention. That’s up from the estimated 23.1% of new cases reported a week ago. BA.2 is a subvariant of omicron and is more transmissible than omicron. The […]
White House press secretary Jen Psaki said in a statement Tuesday that she tested positive for COVID-19, so she won’t be joining President Joe Biden on his trip to Europe this week. Psaki said she had “two socially-distanced meetings” with Biden on Monday, and the president is “not considered a close contact as defined by […]