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After plunging earlier, EURUSD has reached stability and is ready to move forward. The major currency pair has recovered and is now waiting for signals from the European regulator. The current quote for the instrument is 1.0712. All eyes are on the European Central Bank today. The benchmark interest rate is expected to remain unchanged, […]
After hitting a new 20-year low, USDJPY stopped. The Japanese Yen got even weaker against the USD. The current quote for the instrument is 133.82. A new high in USDJPY is at 134.56 – the asset continues to devalue. The process started on 27 May and the Yen has dropped 5.85% since that time. As […]
Moscow continues to make solid gains from selling Russian fossil fuels to the European Union, despite sanctions and lower imports. The European Union’s imports of Russian energy have reached 60 billion euros ($64.4 billion) since Russia launched its war on Ukraine last February, according to a new tracking tool developed by the Europe Beyond Coal […]
Type: Bearish ReversalKey Levels:Resistance: 1.25969Pivot: 1.25463Support: 1.2457Preferred Case:On the H4, with prices moving below the ichimoku indicator, we have a bearish bias that price will drop from our pivot at 1.25463 where the swing high resistance is to the 1st support at 1.2457 in line with the swing low support, 38.2% fibonacci retracement and 61.8% […]
Type: Bearish ReversalKey Levels:Resistance: 0.90689Pivot: 0.90421Support: 0.89571Preferred Case:On the H4, with prices moving below the ichimoku indicator, price breakout from ascending trendline, we have a bearish bias that price will drop from our pivot at 0.90421 where the horizontal pullback resistance is to our 1st support at 0.89571 where the horizontal swing low support, 200% […]
Ethereum layer-2 scaling solution Polygon has announced the hiring of Bhumika Srivastava in a bid to consolidate its strategy and cultural ambitions for the company’s 500-employee global workforce. Serving as the head of human resources and director for employee experience at Airbnb for the past five years, Srivastava arrives with an illustrious portfolio and plethora of experience from […]