News
Type: Bearish Momentum Key Levels:Resistance: 104.47Pivot: 101.56Support: 95.17 Preferred Case:On the H4, with price moving within a descending channel and RSI moving along a descending trendline, we have a bearish bias that price will drop from the pivot at 101.56 where the pullback resistance and 78.6% fibonacci retracement are to 1st support at 95.17 in […]
Type: Bullish Rise Key Levels:Resistance: 138.73Pivot: 137.22Support: 136.38 Preferred Case:On the H4, with prices moving above the ichimoku indicator and along the ascending trendline, we have a bullish bias that price will rise from the pivot at 137.22 in line with the pullback support to the 1st resistance at 138.73 where the swing high resistance […]
• Nasdaq 100 broke resistance level 12180.00 • Likely to rise to resistance level 12920.00 Nasdaq 100 index recently broke the resistance area located at the intersection of the resistance level 12180.00 (which stopped the previous waves (a) and (i), as can be seen below) and the 61.8% Fibonacci correction of the downward impulse from […]
• GBPNZD reversed from support level 1.9135 • Likely to rise to resistance level 1.9400 GBPNZD recently reversed up from the pivotal support level 1.9135 (which has been reversing the pair from the middle of April), strengthened by the lower daily Bollinger Band and the 50% Fibonacci correction of the upward move from April. The […]
Elon Musk’s electric vehicle maker has offloaded most of its BTC reserves, according to financial statements released on Wednesday. 2271 Total views 34 Total shares Electric vehicle maker Tesla sold most of its Bitcoin (BTC) holdings in the second quarter, according to new financial disclosures released on Wednesday. “As of the end of Q2, we […]
Oil futures ended with a loss on Wednesday, pulling back after posting gains in each of the last three trading sessions. The Energy Information Administration on Wednesday reported a 400,000-barrel weekly fall in U.S. crude supplies, even as 5 million barrels of oil supplies were released from the Strategic Petroleum Reserve. Still, with crude oil […]