News

Jan 28
Qubit Finance suffers $80 million loss following hack

The addresses linked to the hack attack have managed to steal 206,809 Binance Coin from Qubit’s QBridge protocol. 1000 Total views 34 Total shares High-profile hacks have become more prevalent throughout the cryptocurrency market, and Qubit Finance is one of the latest decentralized finance (DeFi) protocols to be exploited by hackers. Hackers were able to […]

Jan 28
Caterpillar reports big profit and revenue beats, but stock slips as costs surge

Caterpillar Inc. CAT, -0.99% reported Friday big profit and revenue beats, as sales of all three of its major business segments rose above expectations, but the stock slipped 0.4% premarket as cost increases outpaced sales growth. Net income nearly tripled, to $2.12 billion, or $3.91 a share, from $780 million, or $1.42 a share, in […]

Jan 28
Fibonacci Retracements Analysis 28.01.2022 (AUDUSD, USDCAD)

AUDUSD, “Australian Dollar vs US Dollar” As we can see in the daily chart, having completed the correction, the asset is forming a new wave to the downside and re-testing 38.2%. The downside targets are 50.0% and 61.8% fibo at 0.6758 and 0.6464 respectively. The resistance is the high at 0.8007. In the H4 chart, […]

Jan 28
Forex Technical Analysis & Forecast 28.01.2022

EURUSD, “Euro vs US Dollar” After breaking the consolidation range to the downside at 1.1244 and completing the descending wave at 1.1130, EURUSD is expected to form a new consolidation range there. A breakout of this range to the upside may result in a new rising wave towards 1.1310. Today, the pair may form the […]

Jan 28
Investment Bank Outlook 28-01-2022

CIBCFX FlowsCurrencies were locked in narrow ranges, the only pair that had better trading range was the $CAD. The pair was sold into the North America closing minutes, believed to be linked to ETFs. WTI Crude March futures began the session weak, contracts dipped briefly below $87.00 and bounced back to $87.28, this helped accelerate […]

Jan 28
Daily Market Outlook, January 28, 2022

Daily Market Outlook, January 28, 2022 Overnight Headlines Tokyo Inflation Slows, Bolstering BoJ Case For Standing Pat IMF Urges Japan To Scale Back Pandemic Support, Raise Taxes IMF Urges BoJ To Consider Targeting Shorter-Term Yields Argentina, IMF Reach Understanding On Fiscal Path For Deal Aus, NZ Dlrs Nurse Painful Losses As Markets Go Mad For […]