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Aug 12
USDJPY Wave Analysis – 12 August, 2022

• USDJPY reversed from support level 131.40 • Likely to rise to resistance level 135.33 USDJPY recently reversed up from the key support level 131.40 (former monthly high from May, which has been reversing the pair after it was broken in June). The upward reversal from the support level 131.40 created the daily Hammer, which […]

Aug 12
House passes Democrats’ climate, healthcare and tax bill in 220-207 vote, sending it to Biden to be signed into law

In a 220-207 vote on Friday, the U.S. House of Representatives approved Democrats’ big healthcare, climate and tax package. The Inflation Reduction Act of 2022, which the Senate passed on Sunday, is expected to get signed into law quickly by President Joe Biden. Source: Marketwatch

Aug 12
Binance recovers the majority of funds stolen from Curve Finance

Binance recovered and froze around $450,000 worth of the stolen assets, which is around 80 percent of the stolen funds. 2558 Total views 32 Total shares Crypto exchange Binance has recovered a big part of the funds from the recent hack that targeted the decentralized finance (DeFi) protocol Curve Finance.  In a tweet, Binance CEO […]

Aug 12
Dow up 360 points in final hour of trade while S&P 500 heads for 4th straight weekly gain

William Watts is MarketWatch’s senior markets writer. Based in New York, Watts writes about stocks, bonds, currencies and commodities, including oil. He also writes about global macro issues and trading strategies. Before moving to New York, he reported for MarketWatch from Frankfurt, London and Washington, D.C. Source: Marketwatch

Aug 12
Micro GBPUSD Futures (M6B1!), H4 Potential For Bullish Rise

Type: Bullish Rise Key Levels:Resistance: 1.2287Pivot: 1.2157Support: 1.2077 Preferred Case:On the H4, with price moving above the ichimoku indicator and within the ascending channel , we have a bullish bias that price will rise from the pivot at 1.2157 where the pullback support and 50% fibonacci retracement are to the 1st resistance at 1.2287 in […]

Aug 12
S&P 500 E-Mini Futures (ES1!), H4 Potential For Bullish Rise

Type: Bullish Rise Key Levels:Resistance: 4302.00Pivot: 4204.50Support: 4071.50 Preferred Case:On the H4, with price moving above the ichimoku indicator and within the ascending channel , we have a bullish bias that price will rise from pivot at 4204.50 where the pullback support is to the 1st resistance at 4302.00 in line with swing high resistance […]