News
Type: Bearish MomentumKey Levels:Resistance:12233.00Pivot: 11793.75Support: 11080.25Preferred Case:On the H4, with price moving below the ichimoku cloud and in a descending trendline, we have a bearish bias that price will drop from the pivot at 11793.75 at the pullback resistance in line with the 50% fibonacci retracement to the 1st support at 11080.25 at the swing […]
Days after pausing trading, withdrawals and deposits, crypto exchange Voyager Digital is filing for bankruptcy under Chapter 11 in the Southern District Court of New York. Voyager’s Chapter 11 bankruptcy filing indicated that it is on the hook for anywhere from $1 billion to $10 billion in assets to more than 100,000 creditors. The troubled […]
Oil futures fell sharply on Tuesday, with U.S. prices below the $100-a-barrel mark – at their lowest in more than two months, pressured by strength in the U.S. dollar and concerns over a possible recession that would hurt energy demand. WTI oil’s fall was “inevitable as the market rebalances after fears of sanctions give way […]
The Financial Conduct Authority (FCA) and MoneyHelper are urging consumers to get help as soon as possible if they are struggling financially because of the rising cost of living. Millions of people get help with their finances every year. However, new research suggests many borrowers are missing out on available support. The research reveals some […]
A note published by the United States Federal Reserve on a recently held conference found a majority of exports believe a U.S. dollar central bank digital currency (CBDC) would not drastically change the global currency ecosystem. Panelists at the conference also agreed CBDC development outside of the U.S. doesn’t threaten the status of the dollar, […]
Rallies in the shares of the biggest technology company’s helped lift the tech-heavy Nasdaq 100 NDX, +1.68% to a healthy gain, even as the broader stock market was selling off. The Nasdaq 100 climbed 1.3% in afternoon trading, reversing an earlier drop of as much as 1.9%, as the index’s top-five most valuable companies by […]