News

Jan 24
AUDUSD, H4 | Bullish Bounce

Type: Bullish BounceKey Levels:Resistance: 0.73104Pivot: 0.71707Support: 0.71282Preferred Case:Price is abiding to the ascending channel, signifying an overall bullish momentum. We can expect price to bounce from pivot in line with 100% Fibonacci projection and ascending channel support towards 1st Resistance in line with 78.6% Fibonacci projection. Our bullish bias is further supported by the stochastic […]

Jan 24
EURUSD, H4 I Bearish Pressure

Type: Bearish ReversalKey Levels:Resistance: 1.1419Pivot: 1.13683Support: 1.13097Preferred Case:With price moving below the Ichimoku cloud, we have a bearish bias that price will from our pivot at 1.13683 which is in line with horizontal swing high resistance and 38.2% Fibonacci retracement to 1st support at 1.13097, which is in line with horizontal swing low support.Alternative Scenario:Alternatively, […]

Jan 24
AUS200 Wave Analysis – 24 January, 2022

• AUS200 broke key support level 7150.00 • Likely to fall to support level 6900.00 AUS200 index under the strong bearish pressure after the price broke the key support level 7150.00 (lower boundary of the weekly sideways price range from last July). The breakout of eth support level 7150.00 accelerated the active downward impulse waves […]

Jan 24
EURGBP Wave Analysis – 24 January, 2022

• EURGBP reversed from long-term support level 0.835 • Likely to rise to resistance level 0.6800 EURGBP currency pair recently reversed up from the long-term support level 0.835 (which has been steadily reversing the pair from 2016), strengthened by the lower weekly Bollinger Band. The upward reversal from the support level 0.835 stopped the previous […]

Jan 24
Russian tech and political executives denounce crypto ban proposal

Telegram CEO Pavel Durov wrote that the proposed ban on crypto would “destroy a number of sectors of the high-tech economy” in a recent post on his massaging platform. 14189 Total views 30 Total shares Russia’s recent ban on crypto has drawn criticism from a number of big names, including Alexei Navalny’s chief of staff, […]

Jan 24
As stocks tumble, White House says Biden 'does not look at the stock market as a means by which to judge the economy'

As stocks tumble, White House says Biden ‘does not look at the stock market as a means by which to judge the economy’ – MarketWatch Skip to main content Latest Watchlist Markets Investing Personal Finance Economy Retirement How to Invest Video Center Live Events MarketWatch Picks Published: Jan. 24, 2022 at 1:59 p.m. ET White […]