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EURUSD, “Euro vs US Dollar” EURUSD is consolidating above 1.0707. Possibly, today the pair may expand the range up to 1.0765 and then resume falling to break 1.0670. Later, the market may continue trading downwards with the target at 1.0590. GBPUSD, “Great Britain Pound vs US Dollar” GBPUSD is consolidating around 1.2540. Possibly, the pair […]
USDCHF, “US Dollar vs Swiss Franc” In the H4 chart, after breaking the 200-day Moving Average, USDCHF is trading above to indicate a possible ascending tendency. In this case, the pair is expected to continue growing to reach the resistance at 5/8. However, this scenario may be cancelled if the price breaks the support at […]
The main event for FX market today was the meeting of the ECB. The 2% rise in the Euro’s trade-weighted exchange rate last month is positive news for the ECB, which has attempted to maintain room to maneuver to step up the pace of monetary tightening if necessary. Nevertheless, the course towards tougher policy has […]
Type: Bearish MomentumKey Levels:Resistance: 36773.8Pivot: 36066.95Support: 33255.7Preferred Case:On the H4, with price moving in a descending trendline and entering a bearish pressure area on the MACD indicator, we have a bearish bias that price will continue to drop from the pivot at 36066.95 in line with the 50% fibonacci retracement and multiple swing high to […]
The country decided to act in advance of upcoming EU regulations that could effectively ban noncustodial wallets. 1468 Total views 7 Total shares In its efforts to fight money laundering risks and the possible schemes of Russian elites circumventing financial sanctions, the 2.8-million nation of Lithuania is planning to tighten its scrutiny over crypto. As […]
DocuSign Inc.’s. stock DOCU, -3.04% initially fell 16% in extended trading Thursday after the electronic-documents company reported fiscal first-quarter revenue that exceeded analysts’ forecasts but came up short on earnings. DocuSign reported a net loss of $27.4 million, or 14 cents a share, compared with a net loss of $8.35 million, or 4 cents a […]