News
• EURJPY reversed from resistance level 144.00 • Likely to fall to support level 142.00 EURJPY currency pair recently reversed down from the key resistance level 144.00 (which has been reversing the price from the start of June). The downward reversal from the resistance level 144.00 stopped the earlier short-term impulse wave 3. Given the […]
Bitcoin bulls celebrated BTC’s push through a long term trendline resistance, but has anything actually changed? 404 Total views 7 Total shares On Oct. 4 and 5, Bitcoin (BTC) took another step through the $20,000 mark, bringing the price above a long-term descending trendline that stretches all the way back to April 22 or Nov. […]
Traders of derivatives-like instruments known as fixings nudged up their expectations for the next few U.S. consumer-price index reports after the Organization of the Petroleum Exporting Countries and its allies agreed to cut oil production by 2 million barrels a day, starting in November. Fixing traders now expect the annual headline CPI rate for October […]
The executive chairman of MicroStrategy, Michael Saylor, does not like to be called out. He responded to a poll shared by Eric Wall, a crypto researcher, that suggested he had not used Bitcoin’s layer-2 Lightning Network more than three times with a Twitter poll of his own. The correct answer is Yes, and I will […]
President Joe Biden “is disappointed by the shortsighted decision by OPEC+ to cut production quotas while the global economy is dealing with the continued negative impact of Putin’s invasion of Ukraine,” said a White House statement on Wednesday from National Security Adviser Jake Sullivan and top economic adviser Brian Deese. “In light of today’s action, […]
President Joe Biden’s July trip to Saudi Arabia was “absolutely not” a waste of time, a White House spokesman said Wednesday in response to a question on that issue following news that a key panel has recommended the Organization of the Petroleum Exporting Countries and its allies cut oil CL00, +1.68% production by 2 million […]