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Trading Signal for GBP/USD on May 20-22, 2022: sell below 1.2500 (head shoulders pattern - 21 SMA)

Since April 27, we can see the formation of the head & shoulders pattern on the 4-hour chart. This technical pattern could be confirmed, if the pound trades above...
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May 20, 2022 : EUR/USD daily technical review and trading opportunities.

For beginners, the current price levels are too low to have SELL trades around. Hence, intraday BUY trades are considered a better option. Any ascending movement above 1.0600 will probably...
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May 20, 2022 : GBP/USD Intraday technical analysis and significant key-levels.

Previous bearish decline was expected to extend towards 1.2100 where bullish reversal could be expected. However, considerable bullish rejection was expressed around 1.2200. Currently, bullish breakout above 1.2550 is needed...
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May 20, 2022 : EUR/USD Intraday technical analysis and trading plan.

The price levels around 1.1150 hindered further bullish movement before another bearish move was aggressively expressed towards 1.0500. Failure to persist below the newly-recorded LOW at 1.0350 will probably enable...
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Ripple sellers in full control

XRP/USD is trading in the red at 0.4113 at the time of writing. The altcoin found strong resistance and now it drops as the price of Bitcoin slips lower...
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Binance CEO CZ Shares “Lessons” From Terra Collapse

Zhao didn’t hold back in criticizing the team behind Terra as he pondered on last week’s events. Changpeng Zhao has shared more thoughts on Terra’s implosion. The Binance CEO, who’s...

Bill Gates Doesn’t Invest In Bitcoin, Says It Does Not Add To Society

In a recent AMA on Reddit, Bill Gates explained he does not invest in bitcoin or other cryptocurrencies because they do not add to society. Bill Gates recently hosted...

Biggest Movers: Cosmos Climbs 15%, as AAVE Nears a 10-Day High

ATOM was trading over 15% higher on Friday, as prices rose for a second consecutive session. Today’s rise took ATOM to its highest point since the start of the week...

DFS chief Adrienne Harris explains how — and why — New York is speeding up the BitLicense pipeline

New York’s financial regulator is accelerating its work on crypto business licensing. Speaking with The Block on May 19, Adrienne Harris, the superintendent of New York’s Department of Financial Services...

Ethereum Eyes Huge Breakout As The Long-Awaited Merge Now Expected In August

While it’s not set in stone, Ethereum’s much-anticipated Merge event where the network changes its consensus algorithm from its current proof-of-work design to proof-of-stake will most likely happen this August...
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