Latest Market News

Feb 05
GE's stock rises toward longest win streak in nearly 6 years

Shares of General Electric Co. GE, +0.70% rose 0.8% in afternoon trading Friday, to put them on track for the longest win streak in nearly six years. The industrial conglomerate’s stock has gained 11.0% amid its current seven-day streak of gains, which was launched after the stock dropped 7.8% in two days following fourth-quarter results […]

Feb 05
EURUSD, H4 I Approaching Pivot, Potential For A Rise!

Type: Bullish BounceKey Levels:Resistance: 1.15831Pivot: 1.14248Support: 1.13111Preferred Case:With price moving above the ichimoku cloud, we have a bullish bias that price will rise up to our 1st resistance at 1.15831 in line with the 127.2% Fibonacci extension from our pivot at 1.14248 in line with the horizontal overlap support.Alternative Scenario:Alternatively, price may break our pivot […]

Feb 05
USDCHF, H4 | Bullish Bounce

Type: Bullish BounceKey Levels:Resistance: 0.9321Pivot: 0.91732Support: 0.91379Preferred Case:Price is abiding to the ascending channel, signifying an overall bullish momentum. Price is at the graphical overlap support, we can expect to bounce from the pivot level in line with 78.6% Fibonacci projection and 61.8% Fibonacci retracement towards 1st Resistance in line with 61.8% Fibonacci projection. Our […]

Feb 05
US lawmakers issue warnings about digital yuan as Winter Olympics kicks off

“Do not accept any digital yuan,” said Minnesota Representative Tom Emmer in a tweet aimed at Team USA athletes competing in China. 1437 Total views 41 Total shares With the opening ceremony of the Beijing 2022 Winter Olympics completed and all competing athletes currently in China, two members of Congress are warning of the potential […]

Feb 05
Dow transports dive to buck broad-market rally

The Dow Jones Transportation Average DJT, -1.65% is taking a 229-point, or 1.5% dive, in afternoon trading, with 18 of 20 components trading lower, despite the rallies in the broader stock market indexes. Leading the transports lower, shares of trucker Old Dominion Freight Inc. ODFL, -5.52% sank 5.1%, marine shipping company Matson Inc. MATX, -5.10% […]

Feb 05
Price analysis 2/4: BTC, ETH, BNB, ADA, SOL, XRP, LUNA, DOGE, DOT, AVAX

Bitcoin (BTC) and Ether (ETH) are attempting to build upon their recent recovery as the U.S. equity markets try to resume their relief rally, backed by strong results by Amazon. Bollinger Bands creator John Bollinger recently tweeted that Ether looked to be in a good spot to be added to his existing long positions. The […]