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XAUUSD, “Gold vs US Dollar” XAUUSD continues falling inside the bearish channel. The instrument is currently moving below Ichimoku Cloud, thus indicating a descending tendency. The markets could indicate that the price may test the cloud’s downside border at 1740.00 and then resume moving downwards to reach 1655.00. Another signal in favour of a further […]
EURUSD, “Euro vs US Dollar” As we can see in the H4 chart, the asset has formed an Inverted Hammer reversal pattern close to the support area. At the moment, EURUSD may reverse in the form of another ascending impulse. In this case, the upside target may be at 1.0135. However, an alternative scenario implies […]
The regulator also said, in its view, that certain crypto interest account providers were providing unregistered securities, such as BlockFi and Voyager. 1084 Total views 6 Total shares The California Department of Financial Protection and Innovation (DFPI) has warned consumers to “exercise extreme caution” when dealing with interest-bearing crypto-asset accounts. The DFPI stated that it […]
Shares of Delta Air Lines Inc. DAL, +6.15% dropped 1.2% in premarket trading Wednesday, after the air carrier reported second-quarter profit that fell well short of expectations but revenue that rose above pre-pandemic levels to beat forecasts. Net income of $735 million, or $1.15 a share, was down from $1.44 billion, or $2.21 a share, […]
BofA USD has all bases covered All roads continue to lead to the dollar as the USD index broke to new cyclical highs this week. The depth of USD buying has been indiscriminate this year with only CAD exhibiting some semblance of composure through 2022. But what strikes us about the dollar’s performance this year […]
Daily Market Outlook, July 13, 2022 Overnight Headlines IMF Cuts US 2022 GDP Growth Forecast To 2.3% VS June Est. 2.9% EURUSD Clings To Parity As Markets Await U.S. Inflation Data Twitter Sues To Force Tesla CEO Elon Musk To Complete $44bn Deal New Zealand Hikes Rate By Half-Point, Signals More Tightening Bank Of Korea […]