News

Oct 01
EURAUD Wave Analysis – 30 September, 2022

• EURAUD broke resistance level 1.5000 • Likely to rise to resistance level 1.5400 EURAUD currency pair rising strongly after it broke the round resistance level 1.5000 (which stopped the previous minor wave (a)) intersecting with the resistance trendline from February and the 61,8% Fibonacci correction of the downward impulse form July. The breakout of […]

Oct 01
Bitcoin 2021 bull market buyers ‘capitulate’ as data shows 50% losses

Those who bought BTC between six and 18 months ago are losing out big, says the research, but now there is even more reason to buy their supply. 1653 Total views 37 Total shares Bitcoin’s (BTC) spot trading below $20,000 is seeing a new “capitulation” event encompassing an entire year’s worth of buyers, research reveals. […]

Oct 01
Market Spotlight: EURJPY Longs Triggered

EURJPY Breaking Out The recent EURJPY long idea has triggered on a break of the 140.82 level, following the reversal off the 137.74 level and bullish trend line. The retail market has turned more aggressively short the pair, supporting the view that we have further to run to the topside here. Price is fast approaching […]

Oct 01
FOMO Fridays: EUR On The Rebound

EUR Turns Higher Amidst Market Turmoil It’s becoming a redundant sentence, I know, but what a week. FX volatility is back up at levels not seen since the outbreak of COVID and this has made for plenty of opportunity. We’ve seen many wild swings this week with the boomerang action in GBP clearly the winner […]

Sep 30
Kroger plans to end agreement with Cigna’s Express Scripts due to ‘unsustainable’ drug pricing

Grocery store chain Kroger Co. KR, -2.08% said Friday that it has sent insurer Cigna Corp. CI, -1.10% subsidiary Express Scripts Inc. a written notice of its plan to terminate their pharmacy provider agreement for commercial customers. “Express Scripts drug pricing model is unsustainable for Kroger and consumers; access to affordable prescriptions and wellness services […]

Sep 30
Baker Hughes data show a third-straight weekly rise in active U.S. oil-drilling rigs

Baker Hughes BKR, -0.76% on Friday reported that the number of active U.S. rigs drilling for oil rose by two to 604 this week. That followed increases in each of the past two weeks. The total active U.S. rig count, which includes those drilling for natural gas, climbed by one to 765, according to Baker […]