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A Health Canada official told MJBiz that the agency does not expect to approve new regulations that would increase the possession limit for cannabis infused beverages until well after the summer months. A spokesperson for Health Canada said the rule change will not be completed before the fall of 2022. The proposed change would roughly […]

After the drop to 20,200 USD the leading crypto returned to 21,096 USD. The asset seems stuck near 20,000 USD, with a breakaway of which a pathway to 10,000 USD can open. As you remember, sales started after the June meeting of the US Federal Reserve system. The market is seriously worried about a slow-down […]

The Japanese yen against the US dollar started falling again. The current quote is 133.98. At a meeting on Friday, the Bank of Japan left the interest rate negative at -0.10% y/y. In theory, this decision had been expected: the regulator never announced any major actions  and demonstrated no signs of readiness to revise the […]

Oil prices rose today, Friday, June 17, 2022, with continued supply tightening and new US sanctions to limit Iranian oil exports. Crude prices had started trading lower, with concerns about demand emerging in the wake of US interest rate increases. Oil Prices Today The price of the futures contracts for the benchmark Brent crude – […]

Type: Bullish RiseKey Levels:Resistance: 814’4Pivot: 787’4Support: 774’0Preferred Case:On the H4, with price moving in an ascending trend channel and above the ichimoku cloud, we have a bullish bias that price will continue to rise from the pivot at 787’4 in line with the pullback support and 61.8% fibonacci retracement to the 1st resistance at 814’4 […]

Type: Bullish RiseKey Levels:Resistance: 1916.681Pivot: 1842.696Support: 1808.346Preferred Case:On the H4, with price moving above the ichimoku cloud, we have a bullish bias that price will rise from our pivot at 1842.696 in line with the 100% fibonacci projection to 1st resistance at 1916.681 in line with the 61.8% fibonacci retracement and swing high resistance.Alternative Scenario:Alternatively, […]