News

Aug 31
Murrey Math Lines 31.08.2022 (USDJPY, USDCAD)

USDJPY, “US Dollar vs. Japanese Yen” As we can see in the H4 chart, USDJPY is trading inside the “overbought area”. In this case, the price is expected to test 8/8, break it, and then continue falling and reach 7/8. However, this scenario may no longer be valid if the price breaks the resistance at […]

Aug 31
South Korean authorities arrest 16 individuals connected to $2B crypto forex transactions: Report

More than $283 million of the $2 billion in crypto transactions were reportedly facilitated through illegal remittance agencies. 556 Total views 24 Total shares Authorities with South Korea’s customs service have reportedly arrested 16 people involved in illegal foreign exchange transactions connected to crypto assets worth roughly $2 billion. According to a Tuesday report from […]

Aug 31
S&P Midcap 400 Futures (EMD1!), H4 Potential For Bearish Drop

Type: Bearish Drop Key Levels:Resistance: 2563.6Pivot: 2463.6Support: 2375.5 Preferred Case:On the H4, with price breaking the ascending trendline and moving below the ichimoku indicator, ,we have a bearish bias that price will drop from pivot at 2463.6 where the pullback resistance is to the 1st support at 2375.5 where the pullback support and 61.8% fibonacci […]

Aug 31
Market Spotlight: New ADP Data Due Today

ADP on Watch The release of today’s ADP employment figures for last month is drawing more attention than usual. The report will be the first since it was discontinued in May and will reflect the new methodology being used to assess the employment landscape, said to give a more accurate reading than the prior methodology. […]

Aug 31
US congressman to review all Binance​.US files related to consumer safety

The chairman of a congressional subcommittee reached out to the CEO of Binance.US to produce various documents in an attempt to help review the measures taken to protect investors. 1480 Total views 26 Total shares Brian Shroder, president and CEO of Binance.US, received a federal letter requesting the urgent disclosure of official documents that prove […]

Aug 31
Ichimoku Cloud Analysis 31.08.2022 (EURUSD, AUDUSD, CADCHF)

EURUSD, “Euro vs US Dollar” EURUSD is rebounding from Tenkan-Sen and Kijun-Sen. The instrument is currently moving inside Ichimoku Cloud, thus indicating a sideways tendency. The markets could indicate that the price may test the cloud’s upside border at 1.0045 and then resume moving downwards to reach 0.9810. Another signal in favour of a further […]