21.05.2022
Chicago 12, Melborne City, USA
Business

Euro Taps New Weekly High as Money Markets Price In Potential ECB Rate Hike

The euro recorded a sharp rally on Thursday as investors price in the possibility of an aggressive policy outlook by the European Central Bank (ECB) in the near term, amid a retrace in the dollar following significant gains in previous sessions. Reports show that money markets are pricing in a potential 106 basis points (bps) […]

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Business

Ethereum Declines to $ 1,907 Low as It Revisits the $ 2,200 High

Ether reaches $ 1,907 low and pulled backETH / USD is in a downward correction Ethereum ETH) Current StatisticsThe current price: $ 2,009.24Market Capitalization: $ 242,800,964,232Trading Volume: $ 19,481,178,496Major supply zones: $ 4,000, $ 4,500, $ 5,000Major demand zones: $ 3,500, $ 3,000, $ 2,500 Ethereum (ETH) Price Analysis May 19, 2022 Ethereum’s (ETH) price […]

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Business

Lblock Continues Bullish Trend With New High

Lucky Block Price Forecast: May 19 The Lucky Block price forecast is for the market to continue its uptrend with the aid of the bullish trend line. LBLOCK / USD Long-Term Trend: Bullish (30-Minute Chart) Key Levels:Supply Zones: $ 0.001470, $ 0.0013500, $ 0.0011700, $ 0.0011100 Demand Zones: $ 0.0008730, $ 0.0009230 $ 0.0010700, $ […]

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Business

Litecoin Is in a Sideways Move but Unable to sustain above $ 73 High

Key HighlightsLTC price battles the resistance $ 73LTC / USD fluctuates between $ 64 and $ 73 Litecoin (LTC) Current StatisticsThe current price: $ 71.15Market Capitalization: $ 5,981,734,948Trading Volume: $ 769,175,388Major supply zones: $ 200, $ 220, $ 240Major demand zones: $ 100, $ 80, $ 60 Litecoin (LTC) Price Analysis May 17, 2022Litecoin’s (LTC) […]

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Business

Polkadot Hovers Above $ 11 as It Targets the $ 14 High

Resistance Levels: $ 60, $ 62, $ 64Key Support Levels: $ 40, $ 38, $ 36 Polkadot (DOT) Price Long-term Trend: BearishPolkadot’s (DOT) price is in a downward correction as it targets the $ 14 high. The bulls have broken above the initial resistance at $ 10 but the price is moving marginally to the […]

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Business

USDCHF Price Reaches High of 2019, What next?

USDCHF Price Analysis – May 13 When the resistance level of $ 1.00 holds, bullish momentum may decrease, USDCHF price may bounce off the level, then, 0.99 levels may be reached and it may decrease to $ 0.98 and $ 0.97 level. Should the bulls break up the resistance level of $ 1.00, the price […]

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Business

USD / CNH Regresses From Two Years High, Due to US Dollar Weakening, COVID Optimism, Attention on US Data

USD / CNH falls from its 2-year high, squeezed near the in-day low of about 6.8080, as the strengthening of the USD dollar profits, combines with the optimism of covid recuperation in China during the Asian trading period on Friday. The plan of achieving no-covid in Shanghai at the community level by noon, supported by […]

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Forex guide

Dollar Soars To Fresh Two-decade High

The US dollar firmed against major counterparts and rose to a fresh two-decade high in the process on Thursday, with prospects of sharper rate hikes and tighter policies buoying up the currency’s safe-haven appeal. A report released by the Labor Department showed the annual rate of producer price growth slowed by less than expected in […]

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Business

FTSE100 Is in a Sideways Move as It Struggles Below 7560 High

Resistance Level: 7500, 7600, 7700Support Level: 7300, 7200, 7100 FTSE 100 (UKX) Long-term Trend: RangingFTSE 100 (UKX) price has been in sideways trend since January as it struggles below 7560 high. Nonetheless, on April 8, the index resumed a downward move. The index was making a series of lower highs and lower lows. Today, the […]

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Forex guide

Germany Inflation Hits Record High As Estimat …

Germany’s consumer price inflation hit a record high as estimated in April, final data from Destatis showed on Wednesday. Consumer price inflation rose to 7.4 percent in April from 7.3 percent in March. The inflation rate hit an all-time high since German reunification and also came in line with the flash estimate published on April […]

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