News
An analysis of U-Haul rental rates suggests the migration trends to Southeast cities, Texas and Florida has continued in January and is broad based, according to analyst Rafe Jadrosich at BofA Securities. Jadrosich said he believes higher U-Haul rental rates for one-way routes compared with different routes with the same mileage, such as reverse moves, […]
Type: Bullish BounceKey Levels:Resistance: 0.9301Pivot: 0.92306Support: 0.92054Preferred Case:Price broke out of the descending trendline resistance, signifying an overall bullish momentum. We can expect price to bounce from pivot level in line with 100% Fibonacci projection and 50% Fibonacci retracement towards 1st Resistance in line with 127.2% Fibonacci projection. Our bullish bias is further supported by […]
The Bank of America strategist stated that Solana is set to take a slice of Ethereum’s market share, due to its advantages of low transaction fees, scalability and ease of use. 249 Total views 11 Total shares Bank of America digital asset strategist Alkesh Shah has predicted that Ethereum competitor Solana could become the “Visa […]
The House panel probing the insurrection at the U.S. Capitol requested an interview and records from House Minority Leader Kevin McCarthy on Wednesday, reports said. The California Republican is a top ally of former President Donald Trump. Mississippi Rep. Bennie Thompson, Democratic chairman of the panel, requested that McCarthy provide information to the panel regarding […]
GBPUSD, “Great Britain Pound vs US Dollar” GBPUSD is trading at 1.3639; the instrument is moving above Ichimoku Cloud, thus indicating an ascending tendency. The markets could indicate that the price may test Tenkan-Sen and Kijun-Sen at 1.3605 and then resume moving upwards to reach 1.3730. Another signal in favour of a further uptrend will […]
USDJPY, “US Dollar vs. Japanese Yen” As we can see in the H4 chart, USDJPY has rebounded from the resistance at 8/8. In this case, the price is expected to break 7/8 and correct downwards to reach the support at 6/8. However, this scenario may no longer be valid if the price breaks 8/8 to […]