The EUR/USD broke the triangle pattern in a sharp move upwards, as it should have happened in theory of the triangle. The surge ended at the 1.1365 level. From that level the currency exchange rate Read more…
Despite falling prices, one crypto analyst says bitcoin ‘could see a massive breakout in 2022 and take the crypto market with it.’ Cryptocurrency prices were down Monday as the sector was battered by interest rate Read more…
A recovery of the USD/JPY pair from the 115.20 level on Monday revealed the lower border of a channel-down pattern. The pattern has been guiding the rate since January 4. During the second half of Read more…
Ethereum extends recent down trend today and hit as low as 2927.20, just ahead of 61.8% retracement of 1715.62 to 4863.75 at 2918.20. Further decline is expected as long as 3245.45 resistance holds. Decline from Read more…
America sold more hybrid cars compared to electric vehicles in 2021 even as car companies supercharge their future plans geared towards EVs. Hybrid car sales trumped its electric counterparts in 2021 even as legacy auto Read more…
Global bond yields hit fresh highs; stocks retreat The Fed’s new message, which sparked fears that inflation could be tough to contain, and hence could require faster-than-expected rate hikes during the year, continued to weigh Read more…
The collaboration will be based on mRNA technology and builds on Pfizer and BioNTech’s successful effort to produce a Covid vaccine. Pfizer (PFE) – Get Pfizer Inc. Report and BioNTech (BNTX) – Get BioNTech SE Report on Monday Read more…
Daily Pivots: (S1) 1.1312; (P) 1.1338; (R1) 1.1387; More… No change in EUR/USD’s outlook as range trading continues. On the upside, sustained trading above 55 day EMA (now at 1.1385) will bring stronger rise back Read more…
Daily Pivots: (S1) 1.3546; (P) 1.3572; (R1) 1.3617; More… With 1.3489 minor support intact, further rise is still expected in GBP/USD despite some loss of upside momentum. Corrective fall from 1.4248 could have completed with Read more…
Daily Pivots: (S1) 0.9167; (P) 0.9200; (R1) 0.9217; More…. USD/CHF’s rebound from 0.9101 resumed by breaking 0.9231 and intraday bias is back on the upside. The corrective fall from 0.9372 has completed with three waves Read more…