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Month: May 2022

Cryptocurrencies

Fed to Speed Up Rate Hikes, But How Far Will Powell Go?

The Fed is almost certain to raise interest rates by half a percentage point and begin shrinking its enormous balance sheet when it concludes its meeting at 18:00 GMT Wednesday. Then on Friday, the employment Read more…

By , 3 years ago May 4, 2022
Cryptocurrencies

Technical Outlook and Review

DXY: On the H4, with price moving above the ichimoku cloud, we have a bullish bias that price will rise to our 1st resistance at 103.706 where the swing high resistance is from our 1st Read more…

By , 3 years ago May 4, 2022
Cryptocurrencies

AUD/USD Could Struggle Above 0.7200, Gold Dives

Key Highlights AUD/USD declined sharply below the 0.7200 support zone. A major resistance is forming near 0.7200 and 0.7240. Gold price broke the $1,900 support to move into a short-term negative zone. The US ADP Read more…

By , 3 years ago May 4, 2022
Cryptocurrencies

Gold Makes Move Before FOMC Meeting

Gold has headed lower for the past two consecutive weeks while remains in a selling momentum in the current, falling to a new 2-month low on the 2nd of May. Clearly Gold’s latest breach below Read more…

By , 3 years ago May 4, 2022
Cryptocurrencies

RBA Lifts Cash Rate by 25bps – More to Come Including 40bps in June

  Today the Reserve Bank Board raised the cash rate by 0.25% from 0.10% to 0.35%. The Governor issued his usual Statement at 230 pm and conducted a Press Conference at 4 pm. The Governor Read more…

By , 3 years ago May 4, 2022
Cryptocurrencies

Elon Musk Has a Fascinating Idea to Make Money on Twitter

The billionaire has an agreement to acquire the microblogging website Twitter. Elon Musk hears criticism and never hesitates to respond to it.  Like a boxer taking the blows of his opponent in the first rounds Read more…

By , 3 years ago May 4, 2022
Cryptocurrencies

The Las Vegas Strip’s MLB Plan Just Hit a Major Hurdle

Ongoing negotiations to bring a major sports team to Las Vegas may have hit a bump in the road. Las Vegas became a true major league city in 2017, when the National Hockey League expansion Read more…

By , 3 years ago May 4, 2022
Cryptocurrencies

Musk Steps Up Criticism of Controversial Apple Fee

iPhone maker charges 30% fees on the revenue generated by companies that use the App Store. Tesla  (TSLA) – Get Tesla Inc Report versus Apple  (AAPL) – Get Apple Inc. Report.  Elon Musk versus Tim Cook.  Read more…

By , 3 years ago May 4, 2022
Cryptocurrencies

Eco Data 5/4/22

The post Eco Data 5/4/22 appeared first on Action Forex.

By , 3 years ago May 4, 2022
Cryptocurrencies

Cramer’s Mad Money Recap: GameStop, AMC, FAANG

Jim Cramer says there’s no fighting the Fed, and many stock-market darlings have become un-investable. Make no mistake, the Federal Reserve wants to take the air out of our economy, Jim Cramer told his Mad Read more…

By , 3 years ago May 3, 2022

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