Author: FX
Welcome to our latest Bitcoin technical analysis! We delve into the daily timeframe, examining the recent movements and potential future directions of Bitcoin.? Today’s bitcoin technical analysis highlights:Observation of the past two daily candles and their proximity to the crucial 20 EMA, a significant indicator for algo firms and professional traders.A potential downward movement was noticed, followed by a rebound over the 20 EMA, signaling a potential temporary bounce.Discussion on key price levels to watch, specifically around the $68,400 and $69,250 to $70,000 range, within a notable trend line zone after a double bottom pattern, suggesting a possible breakout.? What’s…
Wall Street has reached a notable lull in the pace of quarterly releases. Still, investors are eagerly anticipating important announcements from FedEx (NYSE:FDX) and a set of prominent consumer brands, such as Nike (NYSE:NKE), Lululemon Athletica (NASDAQ:LULU) and Chewy (NYSE:CHWY), which could provide insights into consumer sentiment and spending trends. Technology companies are also in focus, with earnings results expected from Micron Technology (NASDAQ:MU), Accenture (NYSE:ACN), Nano Dimension (NNDM) and JinkoSolar Holding (JKS). Furthermore, the week will also feature earnings results from XPeng (XPEV), General Mills (GIS), PDD Holdings (PDD), SNDL (SNDL), StoneCo (STNE), BioNTech SE (BNTX), Darden Restaurants (DRI),…
3/3 © Reuters. Members of the crew and port personnel inspect the cargo ship loaded with humanitarian aid for Gaza in the port of Larnaca, Cyprus March 16, 2024. REUTERS/Yiannis Kourtoglou 2/3 By Nidal al-Mughrabi CAIRO (Reuters) – Trucks of flour have reached northern Gaza for distribution to areas that have had no aid in four months, Palestinian media reported on Sunday, with famine looming in the enclave and truce talks between Israel and Hamas due to resume in Qatar. A convoy of 12 trucks arrived in the north on Saturday – six in Gaza City and six in the…
Litecoin Falls 10% In Selloff Investing.com – Litecoin was trading at $81.138 by 03:22 (07:22 GMT) on the Investing.com Index on Sunday, down 10.15% on the day. It was the largest one-day percentage loss since January 3. The move downwards pushed Litecoin’s market cap down to $6.123B, or 0.25% of the total cryptocurrency market cap. At its highest, Litecoin’s market cap was $25.609B. Litecoin had traded in a range of $81.138 to $86.317 in the previous twenty-four hours. Over the past seven days, Litecoin has seen a drop in value, as it lost 7.53%. The volume of Litecoin traded in…
TPG RE Finance Trust declares $0.24 dividend Source link
8/8 © Reuters. Russians Ilia Gafarov and his wife Nadia Gafarova share a laugh at the rooftop of their “banya”, a traditional Russian sauna they are building together, after moving to Argentina 9 months ago, as part of a wave of migration since the 2022 invasion of Ukra 2/8 By Lucinda Elliott and Miguel Lo Bianco BUENOS AIRES (Reuters) – When Ilia Gafarov and Nadia Gafarova host the grand opening of their “banya”, a traditional Russian sauna, in April, they hope it will help make a permanent home of their adopted city of Buenos Aires. The couple, a former banker…
AsiaVision/E+ via Getty Images Canadian payments processor Nuvei Corp. (NASDAQ:NVEI), which is backed by celebrity entrepeneur Ryan Reynolds, is nearing a buyout from private equity firm Advent International. Advent is in advanced discussions with Nuvei (NVEI) for a deal that may be announced soon, according to a WSJ report on Saturday, which cited people familiar with the matter. It’s possible that the talks could still fall apart. A potential deal comes after Nuvei (NVEI) announced in April that the Canadian fintech firm received an investment from Hollywood actor Reynolds. Reynolds’ investment in Nuvei came less than a month after it…
© Reuters. Smoke rises as a volcano erupts along Route 41 in the Reykjanes Peninsula, Iceland December 19, 2023. REUTERS/Sigurdur Davidsson/FILE PHOTO COPENHAGEN (Reuters) -A volcano in Iceland erupted on Saturday for the fourth time since December, the country’s meteorological office said, spewing smoke and bright orange lava into the air in sharp contrast against the dark night sky. In a video shot from a Coast Guard helicopter and shown on public broadcaster RUV, fountains of molten rock soared from a long fissure in the ground, and lava spread rapidly to each side. The eruption began at 2023 GMT and…
CHUNYIP WONG/iStock via Getty Images U.S. banks, particularly the smaller ones, have been in the spotlight over the last year given their outsized loan exposure to the $20T commercial real estate market, which has been confronted with twin hurdles of financing challenges exacerbated by elevated interest rates and diminished office occupancy driven by the widespread shift to remote work. As of Q3 2023, most CRE loans outstanding (56.1%) were held by small banks with less than $20B in assets, UBS pointed out in a note to clients last month. By comparison, the big banks, with an asset base of more…
GOLD PRICE OUTLOOKGold prices retreated this week but are still up more than 5% in MarchThe Fed’s monetary policy announcement will take center stage in the coming weekThis article examines XAU/USD’s technical outlook and key price levelsMost Read: EUR/USD Levels Off at Support Ahead of Key Fed Decision – Outlook & AnalysisGold prices (XAU/USD) retreated this week, falling about 1.05% to $2,155, dragged lower by the rebound in U.S. Treasury yields and the U.S. dollar. Despite this setback, the precious metal maintains strong bullish momentum, reflected by its March performance to date, which has produced a gain of around 5.5%…