VanEck remains aggressive with pushing its crypto-related exchange-traded products as it advances its Tron ETN further on Euronext in Paris and Amsterdam. VanEck also has ETNs in Europe tracking the performance of Solana and Polkadot on Germany’s Xetra Deutsche Boerse. The multinational investment manager’s portfolio tracking the performance of various digital assets continues to grow. […]
Read moreGBPJPY Analysis – Price Continues to Consolidate GBPJPY continues to consolidate as the market’s impetus decreases. The buyers will, however, fail to reach a critical zone of 153.270 before a reversal will occur. The price failed to retest this zone before running down to react at the 151.390 critical level. GBPJPY then rallied down to […]
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Cineworld (CINE), the UK cinema chain, has seen its share price flounder since the year’s highs printed in March, when the stock traded at 122p. Buoyed by hopes then that the worst of the pandemic might be over, the share price has declined steadily since then to a year-to-date low of 56p on 19 July. […]
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During these past few days, the cryptocurrency market went through quite a lot. The crypto market capitalization surpassed the $2 trillion milestone once again. This growth was considered an indicator by many, speculating that another bull run is about to commence. However, on the 7th of September, a huge dip occurred, leaving two of the […]
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key support: 1.37 Key Resistance: 1.3740 – 1.38 After yesterday’s BOE day, the GBP surged 1% against the USD to retest the 1.37 level: Aug. 30 – Sept. 8 base. This level is key for further upside on this market. Yesterday’s 1% rally marks the breakout of the mid term bearish structure that retested the […]
Read moreBNBUSD Price Analysis – September 24 The price may continue its bearish movement if the daily candle close below the $364 level, the support levels of $311 and $254 may be the target. Inability to break down the $364 level by the bears may leads to bullish trend towards $430, $503 and $599 levels. BNB/USD […]
Read moreAt its September meeting, the Bank of England voted 9-0 to keep the Bank rate at 0.1 percent. The members agreed 7-2 to keep the QE program at its current level of 895 billion pounds. External members Michael Saunders and Deputy Governor Dave Ramsden advocated for decreasing the asset purchase amount to 840 billion pounds. […]
Read moreAUDUSD Price Analysis – September 23 Following the prior day’s extreme volatility, the AUDUSD pair is putting the buyer’s pledges to the test. On Thursday, the pair saw new buying near the 0.7220 low regions. The positive shift in market mood seen appears to be leading the dollar to lose strength, allowing the uptick in […]
Read moreResistance Level: 7500, 7600, 7700Support Level: 7300, 7200, 7100 FTSE 100 (UKX) Long-term Trend: BullishSince September 21, FTSE 100 (UKX) has been making an upward move. The index has broken above the moving averages. UKX will rise to retest the overhead resistance at level 7200. A break above the overhead resistance will signal upside momentum. […]
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