News

May 13
CFTC Charges Long Island Resident and His Firm in Ongoing $59 Million Fraud Scheme

Washington, D.C. — The Commodity Futures Trading Commission today announced it has filed a civil enforcement action in the U.S. District Court for the Southern District of New York against Eddy Alexandre of Valley Stream, New York, and his company, EminiFX, Inc., of Valley Stream and Manhattan, New York, charging them with fraudulent solicitation and […]

May 13
Breaking: Do Kwon proposes Terra revival, including token redistribution plan

After two days of silence, the Terra founder has issued a new governance proposal to keep the community alive and compensate token holders. 10328 Total views 49 Total shares Terraform Labs co-founder Do Kwon has tabled a proposal to preserve the Terra ecosystem following the historic depegging of its algorithmic stablecoin, UST, and the resulting […]

May 13
Investors exhibit panic-like buying as stock market bounces

Stock market internals suggest investors are exhibiting panic-like buying behavior as the market indexes rally, according to the Arms Indexes of both major exchanges. The Arms is a volume-weighted breadth measure that compares the ratio of advancing stocks to declining stocks to the ratio of advancing volume to declining volume, in order to gauge the […]

May 13
Ichimoku Cloud Analysis 13.05.2022 (GBPUSD, XAUUSD, NZDUSD)

GBPUSD, “Great Britain Pound vs US Dollar” GBPUSD is testing Tenkan-Sen and Kijun-Sen. The instrument is currently moving below Ichimoku Cloud, thus indicating a descending tendency. The markets could indicate that the price may test the cloud’s downside border at 1.2245 and then resume moving downwards to reach 1.2035 Another signal in favour of a […]

May 13
Japanese Candlesticks Analysis 13.05.2022 (EURUSD, USDJPY, EURGBP)

EURUSD, “Euro vs US Dollar” As we can see in the H4 chart, the asset has formed a Harami reversal pattern close to the support area. At the moment, EURUSD is reversing in the form of a new ascending impulse. In this case, the upside target may be at 1.0470. However, an alternative scenario implies […]

May 13
Gold prices are falling with the rise of the US dollar

Gold prices fell, during trading today, Friday, May 14, 2022, and remained near their lowest level in 3 months, with the dollar rising and recording its highest level in two decades. The rise in the US currency weakened the demand for bullion priced in dollars, as the yellow metal is heading to record its fourth […]