Tag: reverses
EUR/USD Reverses Ahead of 50-Day SMA to Snap Monthly Opening Range
EUR/USD Rate Talking PointsEUR/USD trades in a narrow range after snapping the series of lower highs and lows from last week, but failure to defend th [...]
Bitcoin Reverses Course Again, Trades Towards 20-Day Moving Average
Bitcoin’s (BTC) price rose 2.4% on Wednesday on above-average volume compared with its 20-day moving average. Bitcoin started the day in positive terr [...]
Crude Oil Price Reverses Ahead of 50-Day SMA to Eye Monthly Low
Crude Oil Price Talking PointsThe price of oil is under pressure after failing to test the monthly high ($90.39), and crude may track the negative sl [...]
Loeb reverses course on push to get Disney to spin off ESPN
Dan LoebJustin Solomon | CNBCActivist investor Dan Loeb indicated that he's going to retreat from his push to get Disney to spin off ESPN, reversing a [...]
Gold Reverses at Resistance, After Powell Pledges to Keep Going
Gold pushed below the $1,700 level earlier this month, but there wasn’t too much downside pressure after that to follow up, so after a couple of attem [...]
Bitcoin Reverses CPI-Induced Rally, Drops Below $22K
Bitcoin prices have recently climbed to almost $25,000 from $22,800 in hopes that inflation has peaked and the Federal Reserve will slow the pace of i [...]
Market Wrap: Bitcoin Reverses Course, Pushes Higher, $21K Is ‘Point of Control’
The crypto rose despite some turmoil in the industry.
www.coindesk.com [...]
USD/JPY Reverses Ahead of Monthly Low with Fed Rate Hike on Tap
Japanese Yen Talking PointsUSD/JPY halts the series of lower highs and lows from last week to largely mirror the rebound in US Treasury yields, and t [...]
South African Central Bank Reverses Course on Crypto Regulation
South African Reserve Bank (SARB) Deputy Governor Kuben Naidoo has said "our view has changed" from five or six years ago when there was "no intent on [...]
USD/CAD Susceptible to Larger Correction as RSI Reverses Ahead of Oversold Zone
Canadian Dollar Talking PointsUSD/CAD snaps the series of lower highs and lows from the start of the week even as Canada’s Consumer Price Index (CPI) [...]
NZD/USD Rebound Materializes as RSI Reverses Ahead of Oversold Zone
NZD/USD appeared to be on track to test the June 2020 low (0.6185) as it traded to a fresh yearly low (0.6196) earlier this week, but recent price ac [...]
AUD/USD Reverses Ahead of Yearly Low with Australia Employment on Tap
Australian Dollar Talking PointsAUDUSD snaps the series of lower highs and lows carried over from last week even as the Federal Reserve delivers a 75 [...]
NZD/USD Reverses Ahead of June 2020 Low to Trigger RSI Buy Signal
NZD/USD carves a series of higher highs and lows after trading to a fresh yearly low (0.6216) earlier this month, and the exchange rate may stage a l [...]
Crypto.com unblocks users, reverses glitched LUNA trades that made 30-40x
Crypto.com was one of the few crypto exchanges to keep LUNA trades open as Terra’s death spiral saw an unrecoverable price crash of LUNA and stablecoi [...]
Oil Reverses Lower, As Anxiety About the Global Economy Grows
The last few weeks have been incredible for crude oil. Despite China’s lockdowns, risk aversion, and global growth worries, oil prices have been remar [...]