News

Jan 12
Fibonacci Retracements Analysis 12.01.2022 (GBPUSD, EURJPY)

GBPUSD, “Great Britain Pound vs US Dollar” As we can see in the H4 chart, GBPUSD has reached 61.8% fibo after convergence on MACD and may boost its growth towards 76.0% fibo at 1.3672. After that, the pair may start a new correction to the downside before attacking the high at 1.3824. The key support […]

Jan 12
Forex Technical Analysis & Forecast 12.01.2022

EURUSD, “Euro vs US Dollar” Having completed the descending wave at 1.1313 and rebounding from this level, EURUSD is still growing and has already reached 1.1363; right now, it is consolidating around the latter level. Later, the market may break the range to the upside and form one more ascending structure with the short-term target […]

Jan 12
Mercado Bitcoin operator acquires Portuguese crypto exchange

After raising over $250 million from firms such as SoftBank last year, Brazil’s 2TM Group is expanding into Europe. 2495 Total views 77 Total shares Brazilian 2TM Group, the operator of Latin America’s largest cryptocurrency exchange, Mercado Bitcoin, is moving to expand its global footprint with a strategic acquisition in Portugal. The company officially announced […]

Jan 12
Raymond James CEO gets a 12% boost in total 2021 compensation to $13.9 million

Raymond James Financial Inc. RJF, +0.82% disclosed Wednesday its proxy statement covering fiscal 2021, showing that Chief Executive Paul Reilly got a near $1.5 billion boost to total compensation following a record year financially for the financial services company. Reilly’s total compensation increased to $13.91 million in fiscal 2021, which ended September, from $12.45 million […]

Jan 12
AIG Wave Analysis – 12 January, 2022

• AIG reversed from key resistance level 62.00 • Likely to fall to support level 59.00 AIG recently reversed down from the pivotal key resistance level 62.00 (former monthly high from November), strengthened with the upper daily Bollinger Band. The downward reversal from the resistance level 62.00 stopped the previous intermediate impulse wave (3). Given […]

Jan 12
USDCHF Wave Analysis – 12 January, 2022

• USDCHF reversed resistance level 0.9250 • Likely to fall to support level 0.9110 USDCHF recently reversed down from the pivotal resistance level 0.9250 (which has been reversing the price from the end of November), intersecting with the upper daily Bollinger Band and the 61.8% Fibonacci correction of the downward wave (ii) from November. The […]