News

Jan 13
Supreme Court blocks vaccine-or-test rule for businesses

The U.S. Supreme Court on Thursday blocked President Joe Biden’s COVID vaccine-or-test mandate for large U.S. businesses, but allowed a mandate for most health-care workers to be in effect. Biden had sought to require employers with 100 or more employees to require that workers are fully vaccinated against COVID-19 or test negative on a weekly […]

Jan 13
USD/RUB Forecast: Potential Drop Ahead

Good day,USD/RUB has dropped and approached the uptrend. However, the asset is likely to drop even further, all the way till the supporting level of 73.35 or potentially rise till the level of 78.00, as well. So, it is worth observing what is going to happen next.The Euro broke the resistance at the level of […]

Jan 13
Investment Bank Outlook 13-01-2022

Credit AgricoleAsia overnightInvestors appear stunned at the moment. US inflation came out in line with market expectations and led to little further moves in market pricing for the Fed and UST yields. Indeed, even further hawkish speak from FOMC members did not really move rates markets. The USD did move, however, as investors exited long […]

Jan 13
Novartis Wave Analysis – 13 January, 2022

• Novartis broke round resistance level 90.00 • Likely to rise to resistance level 91.30 Novartis continues to rise steadily after the earlier breakout of the round resistance level 90.00 (which reversed the price earlier this month). The breakout of the resistance level 90.00 accelerated the active minor impulse wave 1 of the intermediate upward […]

Jan 13
Gold Wave Analysis – 13 January, 2022

• Gold reversed from resistance level 1826.71 • Likely to fall to support level 1800.00 Gold recently reversed down from the pivotal resistance level 1826.71, intersecting with the daily upper daily Bollinger Band and the 61.8% Fibonacci correction of the downward correction (ii) from November. The downward reversal from the resistance level 1826.71 stopped the […]

Jan 13
Tonga to copy El Salvador’s bill making Bitcoin legal tender, says former MP

Another domino is lined up to fall down the route to Bitcoinization. On Wednesday, a former lawmaker of the Pacific island nation of Tonga shared a play-by-play approach to adopting Bitcoin (BTC) as legal tender.  In a series of tweets, Lord Fusitu’a, a former member of parliament for Tonga, released an ETA for Bitcoin becoming legal tender in […]