News

May 05
Ichimoku Cloud Analysis 05.05.2022 (GBPUSD, USDCAD, NZDUSD)

GBPUSD, “Great Britain Pound vs US Dollar” GBPUSD is falling within the bearish channel. 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 1.2575 and then resume moving downwards to reach 1.2255 Another signal in favour of […]

May 05
EURAUD, H4 I Potential Rise

Type: Bullish BounceKey Levels:Resistance: 1.49684Pivot: 1.47451Support: 1.4689Preferred Case:On the H4, with price expected to bounce off the RSI indicator, we have a bullish bias that price will rise to our 1st resistance at 1.49684 where the swing high resistance , 78.6% Fibonacci retracement and 61.8% Fibonacci projection is from our pivot at 1.47451 in line […]

May 05
AUDUSD, H4 I Potential Drop

Type: Bearish ReversalKey Levels:Resistance: 0.71703Pivot: 0.71235Support: 0.7029Preferred Case:On the H4, with price moving below the Ichimoku cloud and the descending trendline, we have a bearish bias that price will drop from our pivot at 0.71235 where the horizontal swing high resistance, 61.8% Fibonacci retracement and 78.6% Fibonacci projection is to our 1st support at 0.7029 […]

May 05
Chainlink set to power Latin American real estate platform

Chainlink is set to automate rental payments to property owners of a Latin American real estate platform, adding a new blockchain use-case for the sector. 1904 Total views 34 Total shares The tokenization of global property markets has been an ambitious goal of the blockchain space, and decentralized finance (DeFi) could offer a novel solution […]

May 05
Green Thumb results ‘mixed’ amid pricing pressure and rising costs, analyst says

Cannabis company Green Thumb Industries Group Inc.’s GTBIF, -1.69% GTII, -1.87% first-quarter results beat revenue targets but missed his target for adjusted operating earnings before interest, taxes, depreciation and amortization (Ebitda), Benchmark analyst Mike Hickey said in a Thursday research note. The company’s drop in Ebitda “largely reflected inflation on raw material input and additional […]

May 05
Bitcoin trader keeps $40.8K BTC price target amid warning over risk asset ‘pain trade’

Bitcoin (BTC) consolidated below $40,000 on May 5 after United States economic policy excitement saw a  spike to one-week highs. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView Fed sparks little crypto reaction Data from Cointelegraph Markets Pro and TradingView confirmed an overnight peak of $40,050 on Bitstamp following comments from the Federal Reserve and Chair Jerome […]