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A fire has broken out at an oil refinery in Russias Bashkortostan and firefighting is underway, with the production site suffering minor damage, the regional governor said.British retailer Sainsburys confirmed it is in discussions to sell its Argos subsidiary to JD.com (JD.O).The Cyberspace Administration of China is soliciting public opinions on the "Regulations on Promoting and Standardizing the Application of Electronic Documents (Draft for Comments)".On September 13th, Trump released a letter to all NATO nations and the world. He stated, "I am ready to impose significant sanctions on Russia when all NATO nations agree and begin taking the same actions, and all NATO nations stop buying Russian oil." As you know, NATOs commitment to "winning this war" is far from 100%, yet some countries are still buying Russian oil, which is truly shocking! This significantly weakens their negotiating position and leverage with Russia. This is not Trumps war (if I were president, this war would never have happened!), but Biden and Zelenskys war. My sole purpose is to help end this war and save tens of thousands of Russian and Ukrainian lives. If NATO does what I say, this war will end quickly, and all these lives will be saved!On September 13, Russian Permanent Representative to the United Nations Vasily Nebenzya revealed on the 12th that Poland acknowledged that a drone that recently entered Polish airspace may have originated from Ukrainian territory, stating that it was no secret that Ukraine "has been attempting to expand the geographical scope of the Russia-Ukraine conflict." This statement further complicates the Polish version of the Russian drones entry into Polish airspace. Several European and American experts, scholars, and politicians speculated that there may be a hidden story behind this incident.

SHIB Targets $0.00000950 As DOGE Struggles to Reconsider $0.0900

Alina Haynes

Nov 24, 2022 14:52

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On Wednesday, Dogecoin (DOGE) and shiba inu coin (SHIB) joined the broader cryptocurrency market in the green for the second straight session. DOGE and SHIB appreciated as a result of an improvement in mood concerning FTX contagion risk and Fed monetary policy. Nevertheless, the technical indications remain gloomy, with the EMAs indicating a potential pullback.

 

On Wednesday, the price of dogecoin (DOGE) increased by 4.20 percent. Tuesday's close price of DOGE was $0.0818, following a 5.23% increase. Notably, DOGE averted a daily close below $0.0800 for the first time in four sessions.

 

DOGE fell to an early low of $0.0777 due to a mixed start to the day. DOGE surged to an early high of $0.0835 without touching the First Major Support Level (S1) at $0.0744. At $0.0911, DOGE surpassed the First Major Resistance Level (R1) before retreating.

 

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. Standard account gives spreads from 1 pips with no additional commission charges. CFD index spreads begin at 0.4 points. The information on this site is not directed at residents in any nation or jurisdiction where such distribution or use would be contrary to local law or regulation.

 

However, a bullish afternoon caused DOGE to reclaim R1 and close the day at $0.0818.

 

On Wednesday, the price of Shiba inu coin (SHIB) increased by 2.72 percent. Tuesday's closing price of SHIB was $0.00000905, following a 4.76% increase.

 

Following the market as a whole, SHIB plummeted to an early low of $0.000000874. SHIB rose to an early high of $0.00000910 while avoiding the First Major Support Level (S1) at $0.00000838. SHIB broke over the First Major Resistance Level (R1) at $0.00000904 before easing back to sub-$0.00000890.

 

However, a bullish session close caused SHIB to reclaim R1 and close the day at $0.00000905.

 

FTX contagion risk diminished significantly on Wednesday, providing assistance to DOGE, SHIB, and the broader market. Hopes of FTX assets reducing the impact on creditors continued to provide price support mid-week.

 

However, the FOMC meeting minutes later in the day provided support for riskier markets. The FOMC meeting minutes revealed members' consideration of lesser rate hikes, bolstering market expectations of a Fed policy reversal in December.

 

In response to the minutes, the likelihood of a 75-basis point rate hike in December decreased from 24.2% to 19.0%. The greater chance of a 50-basis-point rate hike provided more support for the NASDAQ. On Wednesday, the NASDAQ Composite Index climbed by 0.99%.


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