EUR/USD 1.17068
0.072%
Gold 4747.20
-0.383%
Oil 92.209
0.298%
USD/JPY 159.269
0.185%
GBP/USD 1.34362
0.010%
GBP/JPY 214.002
0.213%
Browse More
  • English
  • 简体中文
  • 繁體中文
  • Tiếng Việt
  • ไทย
  • Indonesia
Subscribe
Real-time News
Ukrainian negotiators believe progress has been made in reaching an agreement with Russia, which caused European defense stocks to fall, with Rheinmetall shares down 6.6% and Leonardo shares down 5.5%.April 10th - Kremlin: Special Envoy Dmitrievs visit to the US is not a resumption of peace talks in Ukraine. Dmitriev did not negotiate on the Ukraine issue; Russia wants peace, not a ceasefire. Peace can be achieved today if Ukrainian President Zelensky makes a decision. The Orthodox Easter ceasefire has humanitarian significance.According to Hong Kong Stock Exchange documents, Suzhou Tianfu Optical Communication Co., Ltd. has submitted a listing application to the Hong Kong Stock Exchange.The Q1 earnings season for US stocks is upon us. Next week, pay close attention to the earnings reports from Goldman Sachs (GS.N), Bank of America (BAC.N), Citigroup (CN), and TSMC (TSM.N). Economic data to watch includes Chinas March trade balance and March industrial output growth (year-on-year); and the US March PPI year-on-year rate. Additionally, the State Council Information Office will hold a press conference next week on the national economic situation; several Federal Reserve officials will also speak. Please stay tuned. For a complete earnings calendar, please check the calendar section of the US-Hong Kong Telecom APP. Click to view...On April 10, Ukrainian negotiator Budanov stated that he has seen progress toward a potential peace agreement with the Kremlin, adding that resolving the war may not take too long. He expressed his belief that Russia also wants to end the war. "They both understand that the war needs to end. Thats why they are negotiating," Budanov said in an interview on April 4. "I dont think it will be long." Budanov, who served as head of Ukrainian military intelligence from 2020 to January of this year, is known for planning and sometimes personally leading raids against Russian forces. In January, President Zelensky appointed him as chief of staff of the presidential office. He is a key figure in the Ukrainian negotiating team in the trilateral talks aimed at ending the conflict. He also oversees prisoner exchanges with Russia. Although he has moved to an administrative role, Budanov retains the rank of lieutenant general, which gives him a unique perspective on the political and military challenges facing Ukraine. He acknowledged that both sides have maintained a "maximum demands" stance in the US-mediated negotiations so far, but expressed his belief that they will move closer together in seeking compromise.

DOGE Eyes a Return to $0.0850 to Aim for $0.090 as FTX Contagion Declines

Daniel Rogers

Nov 23, 2022 15:37

截屏2022-11-23 下午2.24.11.png 

 

On Tuesday, both Dogecoin (DOGE) and shiba inu coin (SHIB) snapped two-day losing streaks. FTX contagion risk diminished as word of FTX cash holdings and investor interest in FTX assets spread. However, technical indications remain gloomy, with exponential moving averages (EMAs) predicting additional declines.

 

On Tuesday, dogecoin (DOGE) gained 5.23 percent. Reversing Monday's loss of 2.99%, DOGE ended the day at $0.0785. Notably, DOGE closed the day below $0.0800 for the third session in a row.

 

The mid-morning low for DOGE was $0.0729. Avoiding the First Major Support Level (S1) at $0.0715, DOGE climbed to a high of $0.0796 in the early afternoon. At $0.0774, DOGE surpassed the First Major Resistance Level (R1) before retreating. However, a late surge caused DOGE to surpass R1 and close the day at $0.0785.

 

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.

 

On Tuesday, the price of Shiba inu coin (SHIB) increased by 4.76 percent. SHIB closed the day at $0.000000881, reversing Monday's decline of 4.21%.

 

In line with the larger market, SHIB reached a low of $0.00000817 during midmorning. Finding support at the First Major Support Level (S1) at $0.00000816, SHIB surged to a high of $0.00000883 by early afternoon. At $0.00000873, SHIB surpassed the First Major Resistance Level (R1) and closed the day at $0.00000881.

 

FTX contagion risk diminished on Tuesday, providing assistance to DOGE, SHIB, and the broader market. Updates on FTX's assets revealed a substantial cash position, which would mitigate the impact of the company's bankruptcy on its creditors.

 

Reports that Justin Sun of Tron and Brad Garlinghouse of Ripple are interested in FTX assets generated additional support.

 

Nonetheless, Twitter news remained unfavorable for DOGE. There was no new information on Twitter's resumption of the crypto integration project that would promote DOGE adoption.

 

However, investor sentiment increased significantly this morning. Risk of FTX contagion remains the primary motivator. Until the court reveals who FTX's creditors are, downside risks will persist. On Tuesday, the bankruptcy judge ruling over FTX decided to redact the identities of FTX's creditors.

Suggestion