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U.S. stocks opened lower Friday after a stronger-than-expected jobs report, as investors weigh how aggressive the Federal Reserve may need to be raising rates to cool the economy as it battles high inflation. The Dow Jones Industrial Average DJIA, +0.23% was trading 0.7% lower soon after the opening bell, while the S&P 500 SPX, -0.16% […]
Type: Bullish Rise Key Levels:Resistance: 24615Pivot: 23500 Support: 22365 Preferred Case:On the H4, with price moving along an ascending trendline and bouncing from the stochastic support, we have a bullish bias that price will rise from our pivotat 23500 where the overlap resistance is. Once there is upside confirmation of price breaking pivot structure, we […]
Type: Bullish Rise Key Levels:Resistance: 236. 40 Pivot: 220.00 Support: 207.60 Preferred Case:On the H4, with price moving above the ichimoku cloud and the MACD histogram is above zero, we have a bullish bias that price will rise from our pivot at 220.00 where the pullback resistance and 61.8% fibonacci retracement are. Once there is […]
• CHFJPY reversed from support level 138.80 • Likely to rise to resistance level 142.00 CHFJPY recently reversed up from the support level 138.80, strengthened by the lower daily Bollinger Band and the 50% Fibonacci correction of the upward impulse wave 1 from June. The upward reversal from the support level 138.80 started the active […]
Wedbush analyst Jay McCanless downgraded Zillow Group Inc.’s stock ZG, -1.99% Z, -1.59% to neutral from outperform Friday, in the wake of the real-estate company’s latest earnings report that brought a lower third-quarter outlook than expected and showed the pains the company is experiencing from its exit of the iBuying business. “While we are favorable […]
Bitcoin (BTC) rebounded overnight into Aug. 5 as a fresh trendline reclaim opened the door to further gains. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView Daily BTC price chart sets up “tentative” long signal Data from Cointelegraph Markets Pro and TradingView showed BTC/USD bouncing off a local bottom at $22,400 to add around 4.6%. The […]