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Month: July 2022

Cryptocurrencies

Stocks Edge Lower, Jobs Report in Focus, Twitter, GameStop And Shinzo Abe – Five Things To Know

Stock futures edge lower with jobs data in focus; Wage growth key as hiring slows amid recession fears; Twitter shares tumble on report that musk takeover in ‘serious jeopardy’; GameStop slumps after retailer fires CFO, Read more…

By , 3 years ago July 8, 2022
Cryptocurrencies

Post-Boris Era in the UK Means a Lot for GBP

“I want you to know how sad I am to be giving up the best job in the world,” – Boris Johnson said in front of the paparazzi and his colleagues before leaving the UK Read more…

By , 3 years ago July 8, 2022
Cryptocurrencies

Bitcoin Benefiting from Gains in Equities

Bitcoin gained 6% on Thursday, ending the day around $21,600 and developing gains on Friday to $22,400, pulling back to 21,800 (+7.2% in 24 hours) at the time of writing. Ethereum added 6.5% to $1240, Read more…

By , 3 years ago July 8, 2022
Cryptocurrencies

GBPJPY Seeks an Upside Reversal, But Bears Still Present

GBPJPY finished Thursday’s session comfortably in the green zone after refusing to close below the 162.00 round level once again. Simultaneously, the bullish action seems to have confirmed Wednesday’s hammer candlestick pattern – an encouraging sign that Read more…

By , 3 years ago July 8, 2022
Cryptocurrencies

USDCAD Forms Triple Top Near 1.2960; Positive Bias

USDCAD posted a triple top around the 18-month high of 1.2960, failing to create a higher high to continue the buying interest. However, the MACD oscillator surpassed its trigger and zero lines, while the RSI Read more…

By , 3 years ago July 8, 2022
Cryptocurrencies

Daily Technical Analysis

EUR/USD The bears managed to violate the psychological level at 1.0200, but the pair formed a support zone at 1.0150, which limited the sell-offs. At the time of writing this analysis, the pair is hovering Read more…

By , 3 years ago July 8, 2022
Cryptocurrencies

Two Trades to Watch: Gold, USD/CAD

Gold looks to NFP Gold continues to trade below 1750 as investors await the US NFP report. Expectations are for 270k jobs to have been added in June, down from 390k in May. The unemployment Read more…

By , 3 years ago July 8, 2022
Cryptocurrencies

EUR/USD pair moved into a bearish zone below $1.0200

The Euro started a fresh decline below the 1.0300 support zone against the US Dollar. The EUR/USD pair even traded below the 1.0200 level to move into a bearish zone. A low is formed near Read more…

By , 3 years ago July 8, 2022
Cryptocurrencies

GBP/JPY Daily Outlook

Daily Pivots: (S1) 162.20; (P) 162.91; (R1) 164.23; More… Price actions in GBP/JPY are not too decisive so far. But further fall is in favor with 162.56 minor resistance intact. Firm break of 159.97 support Read more…

By , 3 years ago July 8, 2022
Cryptocurrencies

EUR/JPY Daily Outlook

Daily Pivots: (S1) 137.78; (P) 138.42; (R1) 138.86; More…. Intraday bias in EUR/JPY stays on the downside at this point. An important top might be formed at 144.26 after rejection by 144.06 long term fibonacci Read more…

By , 3 years ago July 8, 2022

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