News

Mar 01
Japanese Candlesticks Analysis 28.02.2022 (USDCAD, AUDUSD, USDCHF)

USDCAD, “US Dollar vs Canadian Dollar” As we can see in the H4 chart, after forming a Hammer reversal pattern close to the support level, USDCAD is reversing and may form a new ascending impulse. In this case, after a slight correction, the upside target may be the resistance area at 1.2865. However, an alternative […]

Mar 01
Gas prices rise 35% .. and Russia continues to supply via Ukraine

Gas prices rose more than 35% today, Monday, despite the Russian company Gazprom’s confirmation that it will continue to supply gas to its customers in Europe through Ukraine. The surge in prices comes in conjunction with the Russian-Ukrainian war entering its fifth day, amid fears of supply disruptions due to the escalation of Western sanctions […]

Mar 01
Gold prices rise $25 as political tensions escalate

Gold prices rose today, Monday, at the beginning of the week’s trading, by about 25 dollars, to rise to the record level of 1914 dollars, after fears increased, after Russian President Vladimir Putin put the Russian nuclear deterrent on high alert. Palladium jumped about 6% as new Western sanctions against Russia increased and concerns over […]

Mar 01
Despite Major Escalation Markets are Still Reluctant to Price in Major Spillover Effects from the Ukraine Conflict

As geopolitical tensions increased sharply on Monday, policy tightening cycles of central banks and inflation challenges have been pushed deeper on the sidelines. The focus remains entirely on military operations in Ukraine, as well as the sanctions war between the West and Russia. The third package of EU sanctions, including financial, transport, technological, export and […]

Mar 01
Market Spotlight: GBPCAD Hits First Target

GBPCAD Turning LowerThe short idea issued last week in GBPCAD has now hit its first target at 1.7041. The decline from the double top level has seen the market breaking down through the bull channel support with price now testing the 1.7041 level. With the retail market heavily long the pair and with both MACD […]

Mar 01
Vroom stock falls after online used-car retailer faces headwinds amid higher demand

Shares of Vroom Inc. VRM, -1.94% fell more than 5% in the extended session Monday after the online used-car retailer reported mixed fourth-quarter results, posting a wider-than-expected loss and sales that were above expectations, and called for lower-than-expected sales in the current quarter. Vroom said it lost $130 million, or 95 cents a share, in […]