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At the beginning of a very important week, EURUSD is going down. The major currency pair is falling on Monday. The current quote for the instrument is 1.1317. So, one of the most important weeks for financial markets has started. The key highlight is the January meeting of the US Federal Reserve System and […]
NZDUSD, “New Zealand Dollar vs US Dollar” NZDUSD is trading at 0.6708; the instrument is moving below Ichimoku Cloud, thus indicating a descending tendency. The markets could indicate that the price may test Tenkan-Sen and Kijun-Sen at 0.6755 and then resume moving downwards to reach 0.6590. Another signal in favour of a further downtrend will […]
Daily Market Outlook, January 24, 2022 Overnight Headlines Renewed Downturn In Japanese Private Sector Activity In Jan – PMI Australian Private Sector Output Shrinks Amid Covid-19 Hit – PMI Fed Expected To Back First Pandemic-Era Interest Rate Rise In March Goldman Sees Risk Fed Will Tighten At Every Meeting From March ECB’s Holzmann: Euro Area […]
Type: Bullish BounceKey Levels:Resistance: 40596.7Pivot: 35251.6Support: 33937.23Preferred Case:Price is abiding to the descending channel, signifying an overall bearish momentum. However, price is reacting at the support level of the channel, hence, we can expect a short-term bullish bounce from the pivot level. We can potentially see price bounce from the pivot level in line with […]
New York City Mayor Adams was nonchalant about receiving his first Bitcoin paycheck during a 50% drawdown from all-time highs. 3460 Total views 46 Total shares Bitcoin (BTC) is a New York state of mind thing for Eric Adams, the crypto advocate serving as the 110th mayor of New York City. He received his first […]
Shares of MicroStrategy Inc. MSTR, -17.84% tumbled 12.7% toward a more than two-year low in premarket trading Monday, as the enterprise software company and bitcoin play continues to suffer from the broad selloff in cryptocurrencies. MicroStrategy, which has previously said it uses bitcoin as a primary reserve asset, last disclosed on Dec. 30 that it […]