EUR/USD 1.16246
0.021%
Gold 4410.43
-0.041%
Oil 90.525
-0.235%
USD/JPY 154.216
-0.086%
GBP/USD 1.35417
0.012%
GBP/JPY 208.842
-0.067%
Browse More
  • English
  • 简体中文
  • 繁體中文
  • Tiếng Việt
  • ไทย
  • Indonesia
Subscribe
Real-time News
Irans Supreme National Security Council Secretary Rezaei stated that Washington has recently received a clear signal from Irans new missile operations: any economic war will be met with a response, and Iran will designate the area in the Persian Gulf extending into the US maritime blockade as a maritime no-go zone. The operational posture against US warships and military bases has undergone a fundamental adjustment.September 8th - Sources revealed that British Foreign Secretary David Miliband will announce a new sanctions mechanism targeting West Bank settlements on Tuesday. This measure primarily targets West Bank settlements and does not comprehensively affect trade and security relations between Britain and Israel. Sources also revealed that British diplomats have privately informed the US that the sanctions are more symbolic, intended to mitigate potential reactions from the Trump administration. The Burnham government hopes to project a tougher stance on Israel than former Prime Minister Keir Starmer within its party and among voters, but this move could damage its relationship with US President Trump.On September 8, the Houthi rebels in Yemen claimed responsibility for a ballistic missile attack on military trucks carrying supplies from Saudi Arabia to the government-controlled Wadia military base in Hadramawt province. Houthi-controlled Al-Masirah TV released footage of the attack, stating that it used domestically produced ballistic missiles. The report did not mention any casualties.Conflict Situation: 1. Iranian Parliament Speaker Ghalibaf: Attacking our assets will provoke retaliation. 2. Iran claims to have destroyed three "terrorist and extremist groups" linked to the US and Israel within its territory. 3. Yemeni pro-government armed forces stated they carried out 13 airstrikes against Houthi positions, gathering points, and vehicles in Bayda province. 4. According to the Financial Times: Sources revealed that Saudi Aramcos Jizan oil facilities were attacked. 5. Yemeni Houthi rebels: On September 7th local time, Saudi warplanes launched airstrikes on the Hazim district of Jawf province, Yemen. 6. Yemeni Houthi rebels: The Yemeni Houthi rebels just shot down a Saudi CH-4 armed reconnaissance drone over Jawf province. Strait of Hormuz: 1. Iranian Supreme National Security Council Secretary Rezaei: US ships will have no safe place in the region. 2. Iranian Foreign Ministry Spokesperson Baghae: An agreement on a temporary passage through the Strait of Hormuz will be reached in the coming days. 3. US Central Command: The USS George H.W. Bush continues its blockade of Iran in the Arabian Sea. Other matters: 1. Irans Ministry of Economy establishes an Economic Warfare Command. 2. Iran: A Qatari delegation visits to "help ease tensions." 3. UAE Presidents Foreign Affairs Advisor: Rebuilding trust with Iran could take decades. 4. Iran warns South Korea: Do not cooperate with the US in the Persian Gulf, or face serious consequences. 5. According to Al Jazeera: Iran says it has the "legitimate right" to defend itself against the US economic war. 6. Iranian Foreign Ministry Spokesperson Baghae: Perus severing of diplomatic ties with Tehran has no substantial impact, as the relationship never existed to begin with. 7. South Korean Ministry of National Defense: We are in close consultation with the international community, including the US, to explore how to make concrete contributions to the restoration of freedom of navigation in the Strait of Hormuz and to peace and stability in the Middle East. No specific plans have been decided yet. 8. Iran unveils a new missile, claiming it is more accurate and has a longer range, symbolizing Irans shift "from passive deterrence to active deterrence." 9. Irans representative to the International Atomic Energy Agency: If the US and Israels attacks on Irans safeguarded and peaceful nuclear facilities are "normalized," it will have serious consequences. Irans Bushehr nuclear power plant meets all safety standards. Iranian Foreign Ministry spokesman Bagaei: Canadas support for the US policy toward Iran is essentially a capitulation to US pressure, which damages its diplomatic credibility.

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