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USDJPY, “US Dollar vs. Japanese Yen” As we can see in the H4 chart, USDJPY is approaching the “Overbought area”. In this case, the price is expected to test the resistance at 8/8, rebound from it, and then resume falling to reach the support at 6/8. However, this scenario may no longer be valid if […]
Emission reduction targets boost global spending on maintenance in the renewable and low-carbon sectors, slowly pulling the rug out of the oil and gas industry. In a recent report, energy research firm Rystad Energy predicts that the maintenance, modification and operation (MTO) market for the renewable and low-carbon sector will reach nearly $250 billion by […]
Type: Bearish ReversalKey Levels:Resistance: 1878.8 Pivot: 1861.7 Support:1805.9Preferred Case:On the H4, with prices moving below the ichimoku indicator, we have a bearish bias that prices will drop from our pivot at 1861.7 where the horizontal swing high resistance and 100% fibonacci projection are to our 1st support at 1805.9 in line with swing low support […]
Type: Bullish BounceKey Levels:Resistance: 1.37016 Pivot: 1.36069 Support:1.35508Preferred Case:On the H4, with prices moving above the ichimoku indicator, we have a bullish bias that price will drop and rise from our pivot at 1.36069 where the horizontal pullback support, 61.8% fibonacci projection and 38.2% fibonacci retracement to our 1st resistance at 1.37016 in line with […]
U.S. stocks finished slightly lower on Wednesday after erasing their gains from earlier in the day during the final hour of trading. The Dow Jones Industrial Average DJIA, -0.15% finished 48.37 points, or 0.2%, lower at 30,481.80 after the Dow climbed more than 240 points earlier in the session. The S&P 500 SPX, -0.13% closed […]
Tether expects to be part of industry innovation in the United Kingdom as the country is planning to adopt stablecoins as a means of payment. 2242 Total views 56 Total shares Major stablecoin company Tether is expanding its stablecoin offering with a new cryptocurrency pegged to the British pound sterling (GBP). Tether officially announced on […]