News

Two Bitcoin miners have told Cointelegraph that if the bill banning proof-of-work (PoW) mining for two years in New York becomes law, it would end up triggering an exodus of mining companies from the state and do little to address the intended goals of the moratorium. GEM Mining CEO John Warren told Cointelegraph on Wednesday […]

The U.S.-listed shares of Credit Suisse Group AG CS, -5.09% CSGN, -3.32% shed 4.0% in afternoon trading Thursday, after The Wall Street Journal reported that State Street Corp. STT, -1.30% said it was not pursuing an acquisition of, or any business combination with, the Switzerland-based bank. State Street said there was no basis to the […]

EURUSD, “Euro vs US Dollar” EURUSD is rebounding from the bullish channel’s downside border. The instrument is currently moving below Ichimoku Cloud, thus indicating a descending tendency. The markets could indicate that the price may test Tenkan-Sen and Kijun-Sen at 1.0665 and then resume moving downwards to reach 1.0435. Another signal in favour of a […]

EURUSD took a huge hit after the ECB meeting.  The major currency pair dropped to its 2-week lows. The current quote for the instrument is 1.0619. The EUR was attacked from two fronts at the same time – the rally in US bond yields and the decisions made by the European Central Bank.  The “greenback” […]

June ECB Meeting Up NextThe key data focus for traders today will be the June ECB meeting. Hawkish expectations are already elevated ahead of the meeting with the market looking for the bank to announce an end to asset purchases along with giving a clear signal that a July rate hike is coming. With EUR […]

Type: Bullish RiseKey Levels:Resistance: 1891.47 Pivot: 1838.042Support: 1829.137Preferred Case:On the H4, with price moving in the ascending trendline and entering the bullish pressure area on the MACD indicator, we have a bullish bias that price will rise from the pivot at 1838.042 at the swing low to the 1st resistance at 1891.47 in line with […]