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Month: December 2022

Cryptocurrencies

Technical Outlook and Review

USD/JPY: The current general bias for USDJPY on the H4 chart is bearish. To add confluence to this, the price is under the Ichimoku cloud which indicates a bearish market. If the bearish momentum continues, Read more…

By , 2 years ago December 1, 2022
Cryptocurrencies

Crude Oil Price Regains Strength, US GDP Revised Higher To 2.9%

Key Highlights Crude oil price started a fresh increase above the $78 resistance. It broke a major bearish trend line with resistance near $78.75 on the 4-hours chart. Gold price started a consolidation phase above Read more…

By , 2 years ago December 1, 2022
Cryptocurrencies

Powell’s Brooking Institute Speech a Dovish Version of His November 2nd FOMC Press Conference

In Fed Chairman Powell’s press conference after the FOMC meeting on November 2nd, he said that “incoming data suggests that the ultimate level of rates will be higher than previously anticipated.  In addition, he noted Read more…

By , 2 years ago December 1, 2022
Cryptocurrencies

CHFJPY Wave Analysis

CHFJPY reversed from support level 145.20 Likely to rise to resistance level 148.90 CHFJPY today reversed up from the key support level 145.20 (which has been reversing the price from the end of September). The Read more…

By , 2 years ago December 1, 2022
Cryptocurrencies

WTI Wave Analysis

WTI reversed from support level 76.30 Likely to rise to resistance level 82.90 WTI crude oil earlier reversed up sharply from the major support level 76.30 (which stopped the previous wave (A) at the end Read more…

By , 2 years ago December 1, 2022
Cryptocurrencies

Elon Musk Says 6 Months to First Human Implant of Brain Interface

Tesla, Twitter and SpaceX CEO takes time out to promote Neuralink, a company he co-founded to develop brain-computer interfaces. Elon Musk took time out from his Twitter wars to demonstrate the latest developments at Neuralink, Read more…

By , 2 years ago December 1, 2022
Cryptocurrencies

Elon Musk and Apple’s Tim Cook Make Peace

The boss of Tesla and Twitter had declared war on Apple, which he accused of being an opponent of free speech. Peace seems to have returned to Silicon Valley…for now.  Elon Musk, the richest man Read more…

By , 2 years ago December 1, 2022
Cryptocurrencies

FTX Collapse: Bankman-Fried Denies Being a Crook

The founder of the cryptocurrency exchange gives his version of the facts and denies any intention to scam customers. Sam Bankman-Fried, the founder of the FTX cryptocurrency exchange, engaged in a televised exercise, on November Read more…

By , 2 years ago December 1, 2022
Cryptocurrencies

Disney’s Epcot Brings Back Guest-Favorite Attraction

Disney World’s Epcot brings back a favorite attraction to its International Festival of Arts. Walt Disney World’s Epcot has never been known as a great thrill ride theme park. Rides and attractions at the Florida Read more…

By , 3 years ago December 1, 2022
Cryptocurrencies

U.S. Stock Movers of Note: Buffett Holding StoneCo; Gold Stocks

Powell comments spark late rally on hopes interest rate hikes will ease. Stocks rose Wednesday after dovish comments from Fed Chairman Jerome Powell. The Dow Jones Industrial Average rose 737.24, or 2.18% to 34,589.77. The Read more…

By , 3 years ago December 1, 2022

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