JP Morgan on Cryptocurrency Analysts at JP Morgan Weigh in on Bitcoin Price JP Morgan analysts recently released a report detailing their thoughts on the cryptocurrency market, specifically focusing on Bitcoin. According to the report, miners of Bitcoin needing to sell could weigh on the token’s price for some time still to come. This news…
Blog Post Leading Cyprus-based trading company, Fxview, turned heads at this year’s Ultimate Fintech Awards, topping the Most Trusted Broker category As part of the global financial industry, Fxview has established itself as a reputable and reliable broker for traders around the world. This recognition at the Ultimate Fintech Awards reaffirms their commitment to transparency,…
XOM Elliott Wave View: Soon Longs Should Be Risk Free Introduction In this technical blog, we will look at the past performance of the 4hr Elliott Wave Charts of XOM. In which, the rally from the 23 March 2020 low is unfolding as an impulse and showed a higher high sequence. Therefore, we knew that…
NextPoint Financial Inc. Announces Cancellation of Stock Offering HURST, Texas, June 21, 2022 (GLOBE NEWSWIRE) — NextPoint Financial Inc. (TSX: NPF.U, NPF.WT.U) (“NextPoint” or, the “Company”) announces the cancellation of its planned stock offering. NextPoint Financial Inc. made a significant announcement today regarding the cancellation of its stock offering. This decision comes as a surprise…
Welcome to the AUDUSD Rollercoaster Ride Introduction Let’s talk about the AUDUSD pair, also known as the Australian Dollar versus the US Dollar. Many traders are keeping a close eye on this currency pair, as it has been quite volatile in recent times. In this article, we will dive deep into the current situation of…
Newmont Mining (NEM) Support Area in Pullback Introduction In our previous article on March 20, 2022 about Newmont Mining (NEM), we mentioned the stock can soon end 5 waves up from 2015 low and see a larger pullback. Fast forward 3 months later, the stock has started the pullback and is still in the middle…
Gold got immediately congested within the $1,837 – $1,855 region following last week’s bounce off the $1,805 low. The 20- and 200-day simple moving averages (SMAs) at $1,841 and $1,818 respectively, have limited the yellow metal’s near-term advances coupled with the 23.6% Fibonacci retracement level at $1,837. The immediate focus for the commodity in the…
Technical Analysis In Forex Trading Introduction Many people mistakenly believe that trading forex is akin to gambling, but in reality, it is far from it. With the plethora of tools available in every broker platform for analyzing the markets and studying potential market directions, trading forex is a strategic and data-driven endeavor. Understanding Technical Analysis…
