• English
  • 简体中文
  • 繁體中文
  • Tiếng Việt
  • ไทย
  • Indonesia
Subscribe
Real-time News
According to Politico: U.S. lawmakers are discussing energy licensing reform.U.S. Energy Secretary Wright: The United States is the worlds largest producer of oil and natural gas. We are also the largest exporter of natural gas and a major oil exporter. To be clear, the government has no plans to implement restrictions on oil and natural gas exports.On March 20th, the Iranian Islamic Revolutionary Guard Corps (IRGC) issued a statement on March 19th, local time, stating that during the 65th round of Operation "True Commitment-4," Iranian missiles struck Israeli oil refineries in Haifa and Ashdod, as well as multiple security targets and military support centers in the region. This round of operations marked the first time Iran used an upgraded version of the Qader missile. Additionally, Iranian Giammar and Zulfagal missiles struck targets at the Prince Sultan Air Base in Saudi Arabia and the US military base in Sheikh Isa, Bahrain. Iranian Qader MIRV missiles, Haibar Shekan missiles, Giammar missiles, and Zulfagal missiles also struck the US military base in Al Dhafra in the United Arab Emirates. On the evening of March 19th, local time, air raid sirens sounded in several areas of northern Israel. The Israel Defense Forces (IDF) stated that it had detected Iranian missile launches towards Israel, and its air defense systems were operational. The IDF instructed local residents to move to safe zones and remain there until further notice.March 20 – The Iranian Revolutionary Guard stated that the Iranian armed forces will continue to target all infrastructure in the United States and Israel, emphasizing full responsibility for such actions. These measures are a response to recent developments. Information suggests that Israel may seek to target energy facilities in the region, including Saudi Aramco oil facilities, a move seen as an attempt to accuse Iran and escalate tensions among regional countries.According to the Wall Street Journal, Ecolab is close to reaching an agreement to acquire data center cooling company CoolIT Systems from KKR.

ETH Bulls Should Aim for a Return to $1,280 or Risk a Fall to $1,230

Daniel Rogers

Dec 12, 2022 15:34

Bitcoin (BTC) and ethereum (ETH) closed the day in the red on Sunday, due to a late-day sell-off. BTC and ETH fell due to investor reaction to news of anomalous account behavior on Binance and concern of the Federal Reserve. This morning, there was no improvement in market circumstances. ETH and BTC first tested support levels as investors reacted to the most recent Binance news. On Sunday, Ethereum (ETH) declined by 0.32 percent. ETH closed the week down 1.31% to $1,263, reversing a Saturday gain of 0.32%. ETH dipped below $1,300 for the sixth session in a row.

 

After a range-bound morning, ETH reached a high of $1,285 in the early evening. ETH surpassed the First Major Resistance Level (R1) at $1,280 before falling to an intraday low of $1,256. ETH closed the day at $1,267 after finding support at the First Major Support Level (S1) at $1,257.

 

You should only trade with capital that you can afford to lose while trading derivatives. The trading of derivatives may not be suitable for all investors; thus, you should ensure that you fully comprehend the risks involved and, if necessary, seek independent counsel. Before entering into a transaction with us, a Product Disclosure Statement (PDS) can be received through this website or upon request from our offices and should be reviewed. Raw Spread accounts offer spreads as low as 0 pips and a commission rate of $3.50 per 100,000 USD traded. Spreads on standard accounts begin at 1 pip with no additional commission fees. CFD index spreads begin at 0.4 points. This information is not intended for inhabitants of any country or jurisdiction where distribution or use would violate local law or regulation.

 

Bitcoin (BTC) decreased by 0.13% on Sunday. BTC concluded the week at $17,110, down 0.10 percent following a Saturday down of 0.02%. Notably, Bitcoin avoided falling below $17,000 for the third session in a row.

 

Following a bullish morning, BTC reached a high of $17,503 in the early evening. BTC breached the day's Major Resistance Levels before tumbling to a low of $17,092. BTC ended the day at $17,110, avoiding the First Major Support Level (S1) at $17,076, albeit avoiding it.