News

Aug 01
Bitcoin is on the Rise

Bitcoin has already tested the flag. The asset currently remains at the broken level of 23,500. Bitcoin is likely to hit the level of 25,500 next. Oil hasn’t managed to form the reversal pattern, pulling back from the resistance level of 107.50. The asset has dropped to the level of 100. Oil is likely to […]

Aug 01
NZDJPY Wave Analysis – 1 August, 2022

• NZDJPY reversed from support level 83.10 • Likely to rise to resistance level 84.30 NZDJPY currency pair recently reversed up from the strong support level 83.10 (low of the earlier waves (2) and 2), support trendline from February, lower daily Bollinger Band and the 50% Fibonacci correction of the upward impulse from May. The […]

Aug 01
NZDCHF Wave Analysis – 1 August, 2022

• NZDCHF reversed from support level 0.5940 • Likely to rise to resistance level 0.6050 NZDCHF currency pair recently reversed up from the strong support level 0.5940 (which has been reversing the pair from the middle of July). The upward reversal from the support level 0.5940 stopped the previous impulse waves 3 and (3). Given […]

Aug 01
Aave DAO approving overcollateralized stablecoin splits crypto community

Aave’s stablecoin approval drew wild reactions from the crypto community, with many comparing its fate to TerraUSD while defenders pointed out its overcollateralization. 773 Total views 46 Total shares Aave DAO, the governance body behind decentralized finance (DeFi) giant Aave, has voted practically unanimously to create an overcollateralized stablecoin called GHO. Aave Companies introduced the […]

Aug 01
Black Knight sees record slowdown in home price growth in June, and biggest jump in inventory in 12 years

Black Knight Inc. BKI, -0.84% said Monday that year-over-year home price growth in June dropped by nearly two percentage points, which the data analytics company said was the “greatest single-month slowdown on record” since at least the early 1970s. Black Knight said the slowdown to 17.3% annual home price growth in June from 19.3% was […]

Aug 01
Boeing stock surges to lead the Dow’s gainers after 787 deliveries could resume after hurdle cleared with FAA

Shares of Boeing Co. BA, +0.14% ran up 4.7% early Monday, to pace the Dow Jones Industrial Average’s DJIA, +0.97% premarket gainers, after the aerospace and defense giant reportedly cleared a hurdle with the Federal Aviation Administration (FAA) that could allow it to resume deliveries of its 787 airliner. The FAA said it would approve […]