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AUDUSD is keeping its positive momentum. The Australian Dollar is growing against the USD on Wednesday. The current quote for the instrument is 0.7162. At the moment, the Aussie is quite strong but only because the USD is weak. This week, Australia released some macroeconomic reports. For example, the NAB Business Confidence showed 3 […]
GBPUSD, “Great Britain Pound vs US Dollar” As we can see in the H4 chart, the rising wave, which is heading towards the local high at 1.3749, is slowing down. After breaking the high, the asset may reach the key resistance at 1.3834. However, there is an alternative scenario suggesting that the asset may resume […]
Type: Bearish ReversalKey Levels:Resistance: 35698Pivot: 35146Support: 34402Preferred Case:With price moving within the descending channel and the conversion line crossing the base line on the Ichimoku indicator, we are bias that price will drop from our pivot of 35146 in line with the horizontal swing high resistance and 38.2% Fibonacci retracement to 1st support at 34402 […]
Type: Bearish ReversalKey Levels:Resistance: 0.71767Pivot: 0.71402Support: 0.69861Preferred Case:Price breakout of the descending trendline resistance, signifying an overall bullish momentum. We can expect price to push higher up from the pivot level in line with 23.6% Fibonacci retracement towards 1st Resistance in line with 50% Fibonacci retracement. Our bullish bias is further supported by the Ichimoku […]
Execs from Immutable X and Microsoft appear to have hinted that the software giant could also be teaming up with GameStop for NFT games. 3721 Total views 62 Total shares The stock price of popular video game store chain GameStop (GME) surged roughly 13% in one day amid rumors circulating online regarding a partnership with […]
Shares of Peloton Interactive Inc. PTON, +25.28% rocketed 19.9% in morning trading Tuesday, putting them on track to close above the widely followed 50-day moving average (DMA) for the first time in five months, after the at-home fitness company announced a new chief executive and said it would cut 2,800 jobs. The 50-DMA is viewed […]