wisepowder's blog

Confirmed Inverted H/S pattern

There is now a change of market sentiment after strong sell rally with a text book perfect Inverted head and shoulder pattern formation as viewed on the daily chart and confirmed the pattern as we see market participants rally past up the angling neckline and a retest.To get more news about WikiFX, you can visit wikifx official website.

　　The upward momentum did not find quite a resistance as sellers offered little or no push back as buyers easily breached past the 0.925 price level handle which could have offered to some sellers ceiling level block to place their sell limit orders.

　　Market participants could playing the long shot as they probably targeting 0.94 price handle level as the main target high and 0.935 price handle level as minor target high.

　　Do look for a retest of the August trading month highs as potential limit order block area.
Jasper Njuguna is a self-taught discretionary financial markets trader. With cumulative 5 years experience trading the markets and out of which, one and a half years of that as a prop trader, trading large and mid-cap American equities at one of the DAY TRADE THE WORLD offices.

　　Prior to switching career interest to trading, I have 9 years of experience in senior management roles driving small to large business development and B2B relations in creating and implementing; learning & development solutions, programs, organizational strategies & frameworks, and blended learning approaches for companies and institutions in Africa.

Predictions on Gold, Crude Oil and Natural Gas

Last week oil market closed once again with no major news, continuing to fluctuate below $45 a barrel despite production cuts.To get more news about WikiFX, you can visit wikifx official website.

　　According to reports from Reuters, some OPEC+ members should have made cuts in the excess part of overall production. This is the case of Iraq and Nigeria and in some ways also of the United Arab Emirates, despite the effort shown in last month.

　　Now, the purpose of OPEC+ is to stabilize oil prices by enforcing production cuts while waiting for an appreciable increase in demand. All this happened under the background that coronavirus infections are increasing worldwide and the total lockdown seems to occur again.

　　Gold, on the other hand, ended the week around 1,940 dollars an ounce, with a decent recovery after the collapse earlier this month. The performance of silver also remained good, which was close to $27, with an increase of over 18% in the last 30 days.

　　In the week that opens today, it will be essential to observe the movements of the gold market so as to catch possible signs of breaking the new threshold of psychological resistance of 2,000 dollars. Once this value is exceeded, gold could continue to grow by exploiting the weakness of the dollar.

　　As for natural gas, the latest US inventories report has pushed the spot price lower, despite the persistent signs of increasing LNG demand. Currently, the price of natural gas is $2.417 per barrel and the withdrawal of up to $2.36 is probable considering the weather forecast for the immediate future.

　　There are less exciting prospects for oil, which is also closely linked to the trend of the dollar. Currently, WTI is traded at $42.38 a barrel, while Brent at $44.44.

Why is Alibaba planning to pour S$3 billion into Grab?

Recent reports about Alibabas US$3 billion investment into Grab has raised speculation about the terms of the investment as well as the merits and the challenges of this potential major tie-up.To get more news about WikiFX, you can visit wikifx official website.

　　The Alibaba Group has long desired to become a global brand.

　　Speaking at the World Economic Forum in Davos in 2015, Jack Ma made publicly known that the Groups goal is to serve two billion consumers, and detailed its intentions of becoming a global company to achieve that aim.

　　Armed with technology, experience and capital as well as a strong track-record, Alibaba, Ant - previously known as Ant Financial - and other affiliate companies have made multiple attempts to build up their presence in markets, including Southeast Asia and India.

Unveil Reasons of USD Bounced up After Releasing Federal Reserve Board Minute

The US Dollar Index bounced up by around 1% after releasing the minute of Federal Reserve Board on 19 Aug, breaking the record high since this March. The minute shows that the board tends to adopt more dovish approach in monetary policy. Yet, Why did the US Dollar Index make such a big bounce-up, driving those non-US dollar or even precious metal down？To get more news about WikiFX, you can visit wikifx official website.

　　According to the minute of Federal Reserve Board, some of the committee members of FOMC agreed to adopt the further easing monetary policy to cope with the negative impact bought by COVID-19; however, traders were disappointed and started to have short covering of USD immediately, driving USD rise a lot.

I believe traders have already predicted and short USD ahead of releasing of minutes; and, they short cover the USD afterwards. It perfectly demonstrates the famous Wall Street‘s buying strategy – “Buy on rumor, sell on fact”. Meantime, the minute also reflects that the officers of the Board won’t set the upper limit or target return for US bonds to secure the position of USD. It drives those “extreme” dovish party disappointed and shows Federal Reserve Board has no further measures on easing monetary policy. Thats why some may interpret as the start of hawk signal instead of dove.

　　I agree the Federal Reserve Board intends to adopt more dovish approach to pave the way for adopting further easing monetary policy in future. Since the minute keeps on telling negative towards economy, it drove both DJ index and Nasdaq index drop simultaneously after hitting the record high. With the divergence works between USD and stock; USD index, therefore, increases drastically after releasing of minutes.

　　Many has talked about the huge short covering of USD, which showed the signal of bouncing up after touching the bottom. Whilst some said this is merely a technical adjustment and will have further drop afterwards. I do think the probability of both scenarios are equal; yet I realize USD dose not have much room for further drop, expecting a strong supporting level around 91.90. Two focusing events may affect the trend of USD - i/ the economic platforms of democratic party proposed by US president candidates Joe Biden and Kamala Devi Harris; ii/ the announcement of Jackson Hole in the Central Bank annual meeting and the market expectation - the new and innovative strategy of easing monetary policy by Powell, the chairman of Federal Reserve Board. If it turns negative and has no new ideas, USD index will be expected to boost up again.

　　Technically, USD has a strong resistance level at around 94, with 3 times strong selling signal recently, making USD index hard to have another breakthrough. It is estimated to be positive if USD index breaks the 94 level and takes this as the USD reference point.

Buy Setup Taking Shape

There is a good strong buy setup portending for this pair as market participants seem bullish on a slow motion soaring euro and somehow ease back measures and slow recovery of some of the Euro block members.To get more news about WikiFX, you can visit wikifx official website.

　　Also, the Euro is gaining traction as uncertainties looms on brexit talks and uncertainties if London will try to have its way by changing timeline pacts.

　　Looking at the daily chart, last week trading session, price shot up past the 50 MA and retested again the band even closing below and market participants look to breach the now minor resistance level formed last week and as of todays trading session candle close, forming a bullish engulfing bar, we can tell there is a momentum buy trade sentiment hovering within the block as market participants look to 10.5 price handle level.
Jasper Njuguna is a self-taught discretionary financial markets trader. With cumulative 5 years experience trading the markets and out of which, one and a half years of that as a prop trader, trading large and mid-cap American equities at one of the DAY TRADE THE WORLD offices.

　　Prior to switching career interest to trading, I have 9 years of experience in senior management roles driving small to large business development and B2B relations in creating and implementing; learning & development solutions, programs, organizational strategies & frameworks, and blended learning approaches for companies and institutions in Africa

N.C. Man Takes Home $200K Lottery Ticket After Going on Mac and Cheese Run

A North Carolina man's simple venture to a nearby store for some macaroni and cheese left him $200,000 richer.Get more news about 彩票包网,you can vist nb68.com

Marquetton Carraway of Goldsboro decided to satisfy his craving for mac and cheese on Wednesday by hitting up the Madison Market Grill, where he also bought a $5 Mega Bucks scratch-off lottery ticket.

"I was actually going to the store to buy macaroni and cheese to cook,” Carraway told the North Carolina Education Lottery in a press release. "When I got to the counter, the man gave me my change and I was about to walk out the store until something told me to, ya know, buy a ticket."

Once he got home, Carraway scratched off the ticket and realized he won a whopping $200,000. He immediately called his mom to share the good news.

"At the time, she was on a business call,” he said in the release. “And I told her that her business was now over.”

Carraway sent his mom a picture of the ticket and asked her to “make sure I’m not seeing things" — and she confirmed that he had won big.Carraway claimed his prize the next day at lottery headquarters in Raleigh, walking away with $141,501 after federal and state tax withholdings, the release said.

According to Carraway, he'll be using his winnings to buy a new home and treat his family.

In a statement to TODAY Food, a spokesperson for the North Carolina Education Lottery said, "Mac ’n’ cheese. Chicken wings and teriyaki sauce. Barbecue fixings. All some of the cravings that lottery winners have shared with us as they collected their prizes recently."

"Luck can happen anywhere, anytime, for any reason," the statement added. "It’s part of everyday life and we enjoy hearing what our winners were doing when they got lucky. We can’t guarantee that you’ll win a prize if you buy some snacks with your next lottery ticket, but that doesn’t stop our players from trying!"

Winning $435 Million Lottery Ticket Sold in Indiana

A small, family-owned convenience store in central Indiana is hoping for some more luck of their own after selling Wednesday's winning $435 million Powerball ticket.Get more news about 菲律宾牛博包网,you can vist nb68.com

The ticket for the seventh-largest jackpot in the game's history was sold at Super Test Mini Mart, a convenience store located in Lafayette right off of a busy parkway. The odds of winning the Powerball jackpot are one in 292,201,338.

David Kenny, who took over Super Test from his uncle and father in 1983, said he is "elated" the store sold the winning ticket and that it is the first time a Super Test store has produced a jackpot winner.

The winning digits were 10, 13, 28, 52, 61, with a Powerball number of 2. Out of all 44 participating states, Indiana has had the most Powerball winners since the game's launch in 1992.The level of excitement around here is just crazy," store manager Melinda Carter told NBC News. "[The store] is in a really good place for people to stop by and buy tickets, so hopefully this brings us some luck."

But luck may already be on the way for the small business, which will receive $100,000 for selling the winning ticket, said Nancy McKinney, Super Test's Vice President of Operations. She said that local news stations had been flocking to the store all day.

"I hope [the winner] is local, that's for sure. Keeping the money around here would be nice," McKinney told NBC News. "I hope they spend it on everything that will help everyone. Go buy a new car and help the car company, which will then help gas companies, it just keeps going and going."

Indiana has had a string of lottery winners lately. Since Jan. 1, the state has seen 10 winners claim prizes ranging from $1,000 to upwards of $150,000.

For some winners, however, cashing in can mean giving up anonymity depending where the ticket is sold.

Only six states — Delaware, Kansas, Maryland, South Carolina, North Dakota and Ohio — allow winners to remain anonymous. Under Indiana law, a person can claim their money in a trust or limited liability corporation, or LLC, in order to avoid the publicity that comes with becoming a millionaire.

Multi-million dollar lottery winners have a number of reasons to remain anonymous, according to Jason Kurland an attorney who specializes in helping lottery winners. Some may want to prevent people from chasing a piece of the prize, while others want to ensure their safety.

"You don't want your life turned upside down more than it already will be," Kurland told NBC News. "It can be extremely overwhelming. It can be unsafe to be advertising that you have this much money."

New Bedford man claims he was robbed of $4 million lottery ticket

Three New Bedford residents are involved in a legal tug-of-war over who’s the rightful owner of a winning lottery ticket worth $4 million.Get more news about 包网公司,you can vist loto98.com

Joao Luis DaPonte is suing Susana Gaspar saying she robbed him of his winnings. DaPonte is also suing Maria Oliveira, who claims she bought the $10 Gold Rush lottery ticket for Gaspar as a gift back in November.

The lawsuit states DaPonte asked Oliveira to cash his winning ticket for him. At the time, DaPonte — who only speaks Portuguese — believed he had won $4,000 and later learned he misinterpreted the winnings, according to the lawsuit.

Oliveira cashed the ticket for DaPonte and gave him roughly $3,000 in cash, the lawsuit says. DaPonte later learned Gaspar had won $4 million off of a $10 “Gold Rush” ticket, which she claimed was bought at the same cafe where he bought his.

The lawsuit says Gaspar cashed in the winning ticket and received a one-time payment of $2.6 million before taxes.At that point, a horrible feeling came over me, that I had been robbed of my winnings,” DaPonte said in the lawsuit.

Both Gaspar and Oliveira claim they do not know DaPonte. Oliveira also denies cashing DaPonte’s winning ticket for him or anyone.

DaPonte believes the two women conspired to dupe him out of his winnings.

According to MassLottery, the person who is in possession of the ticket at the time it is cashed is considered the owner of the ticket.

But the lawsuit states that DaPonte has a time-stamped photo of his winning ticket from the day he realized he’d won.

Winning ticket sold at Circle K on North Side

Texas has a new millionaire after a winning ticket for the Mega Millions Lottery game was sold in San Antonio.Get more news about 天下包网平台,you can vist loto98.com

The winning ticket was sold at the Circle K located at 12602 Jones Maltsberger for the drawing on Tuesday.

According to TXlottery.org, the ticket was a quick pick and matched all five numbers but didn’t match the Mega Ball.

There were no winners for the top prize of $24 million in Tuesday’s drawing.

The winning ticket was purchased with the megaplier option, which increased the value from $1 to $4 million. Any non-grand/jackpot prize you win in a Mega Millions play will be multiplied by the Megaplier number drawn if you have purchased the Megaplier feature, according to TXlottery.org.

The next drawing for the Mega Millions lottery game is Friday at 10:12 p.m.

Check your lottery ticket! You may be a millionaire.Loto-Quebec is looking for the winner of the latest $70 million jackpot as well as two millionaire winners from the summer and one prize worth half-a-million dollars from early this year.Get more news about 电子游戏包网,you can vist loto98.com

The winner of the Oct. 9 Lotto Max draw bought their ticket in the Montreal area, and has not claimed his or her prize. In addition, two $1 million winners and one $500,000 winner, who purchased tickets in Gatineau, Therese-de Blainville and Saint-Hubert have also not claimed their winnings.

Customers are able to check their tickets online, the Loto-Quebec app or any ticket vendor.As noted above, winners have a year to claim their prize, unless they have a winning ticket that expires between March 17 and Sept. 17, 2020. Those winners have an additional six months to claim their prize.

If a prize goes unclaimed, the money is redistruted to players in the form of bonus prizes and special draws.

Due to the COVID-19 pandemic, Loto-Quebec’s prize claim offices in Montreal and Quebec City are by appointment only and only available to those with prizes over $10,000.