News

Jul 21
E-MINI DOW JONES FUTURES (YM1!), H4 Potential For Bullish Rise

Type: Bullish Rise Key Levels:Resistance: 31852Pivot: 30821Support: 30405 Preferred Case:On the H4, with price moving in an ascending trend channel and ascending trendline and moving above the ichimoku cloud, we have a bullish bias that price will rise from the pivot at 31913 at the pullback support in line with the 61.8% and 78.6% fibonacci […]

Jul 21
Dow Jones Wave Analysis – 21 July, 2022

• Dow Jones reversed from resistance area • Likely to fall to support level 31000.00 Dow Jones index recently reversed down from the resistance area lying between the key resistance level 31845.00 (top of wave A from June), upper daily Bollinger Band and the 61.8% Fibonacci correction of the downward impulse from May. The downward […]

Jul 21
CADJPY Wave Analysis – 20 July, 2022

• CADJPY reversed from resistance area • Likely to fall to support level 106.00 CADJPY currency pair recently reversed down from the resistance area lying between the resistance level 107.25 (previous monthly high from June) and the upper daily Bollinger Band. The downward reversal from this resistance area stopped the previous multi-impulse sequence made out […]

Jul 21
Strict Thai crypto regulation causes SCB to delay Bitkub acquisition

SCB X notified the Stock Exchange of Thailand that the Bitkub acquisition is “still undergoing due diligence.” 557 Total views 33 Total shares Thailand’s oldest bank is unable to acquire the country’s largest local cryptocurrency exchange due to stringent crypto regulations. As reported by Cointelegraph in November 2021, SCB X Group, a subsidiary of Siam […]

Jul 21
Oil prices settle at their lowest in a week

Oil futures fell sharply on Thursday, with U.S. prices settling at their lowest in a week. Crude prices tumbled as energy traders reassessed the short-term demand outlook “given the disappointing summer driving season and as the U.S. economy starts to show further signs it is quickly weakening,” said Edward Moya, senior market analyst at OANDA. […]

Jul 21
BTC price battles 200-week moving average after $930M Tesla Bitcoin sale

A key trendline which the Bitcoin price passed for the first time in over a month is currently seeing its first retest as support. 4702 Total views 41 Total shares Bitcoin (BTC) staged its first test of critical support on July 21 as news that Tesla had liquidated most of its Bitcoin holdings subsided.  BTC/USD […]