News
The cryptocurrency market is slowly reaching stability after a recent stress. It’s clear that the negative triggers didn’t go anywhere but investors are feeling up to normalising the rates. The situation for Bitcoin has changed over the last 24 hours. The BTC rate improved after the changes to the geopolitical sentiment. The correlation between the […]
EURUSD, “Euro vs US Dollar” After completing the descending wave at 1.1106 along with the ascending impulse towards 1.1182, EURUSD has formed a new consolidation range around the latter level; right now, it is trading to break the range to the upside. Possibly, today the pair may grow to reach 1.1257 and then resume trading […]
Despite ongoing skirmishes in Ukraine, risk assets post some signs of relief as the worst-case scenario for the Russian sting operation in Ukraine has been averted. Russian stocks rebounded shortly after the opening, RTSI rebounded 28%, MOEX added 12%, however later market sentiment started to deteriorate.Investors were scared that the local conflict in Ukraine would […]
RBC Back In The GreenRoyal Bank of Canada reported Q4 earnings yesterday and stock-holders were pleased to see that the report bank came in above estimates, following the miss in Q3. RBC reported earnings per share of $2.23, above the $2.15 result the market was looking for. Revenues were also higher than expected at $9.493 […]
• Nikkei 225 reversed from support area • Likely to rise to resistance level 26875.00 Nikkei 225 index recently reversed up from the support area located between the key support level 26000.00 (which stopped the previous impulse wave (i) in January) and the lower daily Bollinger Band. The upward reversal from this support area created […]
The U.S. equity markets and Bitcoin (BTC) have rebounded sharply from their Feb. 24 lows while gold has made a retreat from its recent highs. This indicates that investors may be buying risky assets and reducing exposure to assets perceived as a safe haven. Recent reports also suggest that Russian President Vladimir Putin may send a delegation […]