EUR/USD 1.17754
-0.056%
Gold 4788.92
-0.038%
Oil 89.692
0.075%
USD/JPY 159.356
0.135%
GBP/USD 1.35162
-0.075%
GBP/JPY 215.394
0.071%
Browse More
  • English
  • 简体中文
  • 繁體中文
  • Tiếng Việt
  • ไทย
  • Indonesia
Subscribe
Real-time News
April 17th - It was learned today from the National Standardization Administration that my country has successfully initiated the worlds first international standard in the field of embodied intelligence, "Humanoid Robot Dataset," with the International Organization for Standardization (ISO), and has also promoted the establishment of the first working group convened by Chinese experts. Currently, major economies such as the United States, Japan, and the European Union have incorporated humanoid robots into their national science and technology strategies, vying to deploy research and development and applications.April 17th - In recent years, Japans social security environment has continued to deteriorate. The Chinese Embassy in Japan solemnly reminds Chinese citizens in Japan to raise their awareness of safety precautions, strengthen self-protection, try to go out in groups, and avoid going to areas with poor security or large crowds. If you encounter harassment or provocation from right-wing elements, "hit-and-run" gangs, or other individuals, please prioritize your own safety, remain calm, avoid entanglement, preserve evidence, and promptly report to the police and contact the Chinese Embassy or Consulate in Japan for assistance.The Peoples Bank of China (PBOC) announced today that it conducted 500 million yuan of 7-day reverse repurchase operations, with a bid amount of 500 million yuan and a winning bid amount of 500 million yuan. The operation rate was 1.40%, unchanged from the previous rate.Hang Seng Index futures opened down 0.51% at 26,217 points, a discount of 177 points.Venezuelan acting president Rodriguez announced that Luis Pérez, deputy governor of the central bank, will succeed him as governor.

BTC Eyes a Return to $19,500 to Target $20,000 and Deliver an ETH Boost

Cory Russell

Oct 18, 2022 16:01

微信截图_20221018113102.png


Bitcoin (BTC) increased 1.03% on Sunday. BTC lost 0.60% on Saturday but recovered to close the week down 0.91% at $19,267. Notably, BTC avoided a drop to below $19,000 by failing to surpass $20,000 for the eighth session in a row.


After a choppy morning, BTC dropped to an early low of $19,067. BTC climbed to a late high of $19,428 while eluding the First Major Support Level (S1) at $18,966. Both the First Major Resistance Level (R1) and the Second Major Resistance Level (R2) were breached by BTC at $19,202 and $19,332, respectively. BTC, however, was unable to reach $19,500 and fell down into R2, ending the week at $19,267.


On Sunday, Ethereum (ETH) gained 2.43%. ETH lost 1.62% on Saturday but gained 1.28% towards the end of the week to reach $1,306.


ETH saw a bullish start to the Sunday session, rising from a low of $1,275 in the early morning to a late high of $1,316. At $1,297, ETH overcame the First Major Resistance Level (R1). ETH slipped down to conclude the week at less than $1,310, falling short of the Second Major Resistance Level (R2) at $1,318, however.


Because there were no noteworthy events on Sunday, dip buyers returned in anticipation of a reasonably calm week on the US economic calendar.


Despite increasing odds of 75 basis point Fed rate increases in November and December, the upside still occurred. When the economy starts to falter, it is hoped that the Fed would ease up on the throttle.


An increase in market risk appetite was fueled by the UK Gilt market's return to order during this morning's session, providing support. The NASDAQ Mini was up 139.25 points before the start of the US trading day.

Suggestion