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Coronado Global Resources Inc. CRN, +8.01% confirmed Wednesday that it has held “confidential discussions” with Peabody Energy Corp. BTU, -2.62% about a merger. The Australia-based coal miner said it was responding to a report in The Australian that said the company and the Missouri-based coal miner, which had a market capitalization of $3.80 billion as […]

XAUUSD, “Gold vs US Dollar” As we can see in the H4 chart, XAUUSD has formed an Inverted Hammer reversal pattern not far from the support area. At the moment, the asset may reverse in the form of a new correctional wave. In this case, the upside correctional target may be at 1680.50. Later, the […]

USDJPY, “US Dollar vs Japanese Yen” As we can see in the H4 chart, USDJPY is trading above the 200-day Moving Average to indicate a possible ascending tendency. However, after breaking 70, the Relative Strength Index is moving above it, signaling that the asset is “overbought” and may start a descending correction soon. In this […]

While Google’s feature appears to be a good thing for crypto adoption, a CIO says a move from Apple would make the “crypto industry go from 100 miles an hour to… Source: Cointelegraph

• USDCHF reversed from resistance zone • Likely to fall to support level 0.9915 USDCHF recently reversed down from the resistance zone lying between the key resistance level 1.0025 (which has been reversing the pair from May), upper daily Bollinger Band and the resistance trendline of the daily up channel from April. The downward reversal […]

• NZDJPY reversed from support zone • Likely to rise to resistance level 82.30 NZDJPY recently reversed up from the support zone lying between the key support level 80.60 (which has been reversing the pair from May) and the lower daily Bollinger Band. The upward reversal from this support zone stopped the earlier short-term corrective […]