WTI has rejected $40.50 again but the chart still looks positive for now

angel may

  • WTI trades 0.26% higher despite some recent weakness.
  • There is now an interesting flag-like pattern on the hourly chart.

WTI 1-hour chart

The oil complex had been hit by the recent dollar strength much like many of the other commodities. WTI has managed to bounce back after the OPEC+ group announced the output cuts will continue till December. DoE inventory levels also produced a draw today (Wednesday) but it was not as large as some analysts had been expected but a draw is good nevertheless. 

The recent price action has moved into a flag type formation. A break in either direction would be a good signal for the future path but the topside break seems more likely at the moment. 

The blue resistance line at USD 40.50 per barrel is a firm. The market has used the zone on multiple occasions on this chart alone. If it breaks the next

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Will the USD/CAD quotes rise?

angel may

Recommendation for USD/CAD: Buy

Buy Stop : Above 1,333

Stop Loss : Below 1,299

Indicator Value Signal
RSI   Neutral
MACD   Buy
MA(200)   Neutral
Fractals   Buy
Parabolic SAR   Buy
Bollinger Bands   Buy

 

Chart Analysis

USDCAD

On the daily timeframe, USDCAD: D1 exceeded the downtrend resistance line. A number of technical analysis indicators formed signals for further growth. We do not exclude a bullish movement if USDCAD rises above the upper Bollinger band: 1.333. This level can be used as an entry point. We can place a stop loss below the Parabolic signal, the lower Bollinger band and the last two lower fractals: 1.299. After opening a pending order, we can move the stop loss to the next fractal low following the Bollinger and Parabolic signals. Thus, we change the potential profit/loss ratio in our favor. After the transaction the most risk-averse traders can switch to the four-hour chart and set a stop

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ADA flashes buy signal in 12-hour chart

angel may

  • Cardano Founder Charles Hoskinson recently described ADA as a “financial operating system.”
  • IOMAP shows that ADA’s upside is currently capped off at $0.080.

ADA = Financial operating system

In a recent interview with “Slot Leader,” Cardano founder Charles Hoskinson laid down his vision for ADA being the “financial operating system.” He said:

The general idea is that the system should be an end-to-end stack for economic identity. So what that means is that if some person in Senegal, or some person in Rwanda, or wherever, enters the system, they should have some place to place their data and their identity, to build a reputation. They should have some way of getting credit. They should have some way of interfacing with a currency that’s reasonably stable, that they can send to anybody in the world. They should have the ability to interface with exchanges. If they have a business, they should

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Breakingviews – Money-laundering fight starts with transparency

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General view of the Canary Wharf financial district, as the spread of the coronavirus disease (COVID-19) continues, London, Britain, April 6, 2020.

LONDON (Reuters Breakingviews) – Big banks want you to know that reports they processed hundreds of billions of dollars of potentially dodgy funds are old and not necessarily relevant to the current money-laundering fight. That’s only partly true. The leaking of details of thousands of suspicious transactions reveal that financial institutions and authorities could do a lot more to combat the financing of terrorism, corruption and other global ills.

Shares in large lenders like HSBC, Barclays and Deutsche Bank slumped on Monday following reports that many had moved allegedly illicit cash around despite finding red flags. BuzzFeed News got hold of about 2,100 suspicious activity reports (SARs) filed to the U.S. Treasury’s Financial Crimes Enforcement Network (FinCen) and shared them with the International Consortium of Investigative Journalists and

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Aigenpulse launches data analysis suite to automate flow cytometry

angel may

Life science and data technology innovator, Aigenpulse, is launching its CytoML Experiment Suite – an automated, end-to-end, machine learning solution specifically aimed at streamlining and automating cytometry analysis at scale and replacing manual gating processes. With it, users will benefit from a single point-of-truth about all cytometry data across any organisation.

Image Credit: Aigenpulse

CytoML automates every stage of the flow cytometry data lifecycle, from data acquisition to insight generation. It can help increase throughput of data processing and analytics by as much as 600%, simultaneously increasing the accuracy, reproducibility, and quality of flow cytometry data.

The Experiment Suite makes it possible to leverage machine learning to scale-up and automate gating using both unsupervised and guided population identification, clearly visualising populations and having full control over gating parameters in the Decision Space. All algorithm parameters are retained for fully transparent and reproducible cytometry gating.

CytoML has been

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Time for some forward thinking

angel may

The forwards in Charlotte are an interesting group of players. With two former lottery picks, three second round picks and the longest tenured player on the roster, James Borrego’s group has a lot of potential and a lot of room for improvement as well. 

So let’s take a look at a current group, their current role and the potential future of them in Charlotte. 

Miles Bridges 

Not only does Bridges have the biggest upside on the roster, but also might be the most talented player in Charlotte. But Bridges has not put together a consistent season so far in his young career. Here’s an example: 

February: 11 games- 18.0 points, 6.3 rebounds on 43.5/34.3/77.8 shooting percentages over 33.5 minutes per game.

March: 6 games (season ended due to COVID-19) 10.0 points, 6 rebounds on 29.2/17.9/86.7 shooting percentages in 30.6 minutes per game.

He has the potential to be one of

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Latest Ethereum price and analysis (ETH to USD)

angel may

Ethereum is now trading 28.53% lower than it was at the turn of the month after succumbing to bearish sell pressure over the past week.

The world’s second largest cryptocurrency by market cap is currently trading at $342 after bouncing from the $316 level of support over the weekend.

The $316 level has been mapped out after a support/resistance flip at the end of July, which eventually paved the way for a period of bullish continuation that saw Ethereum reach as high as $490.

While holding above $316 will be key, in the short term Ethereum is showing signs of weakness with the four-hour 50 EMA crossing the 200 EMA to the downside for the first time since June.

The velocity and efficiency of the recent break down in price can only be attributed to the lack of long-term belief in DeFi projects like Sushi and Yearn Finance.

ETHUSD chart

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Bridgewater College named to Money.com’s ‘Best Colleges for Your Money’ list : Augusta Free Press

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Bridgewater College has once again landed on Money’s annual “Best Colleges for Your Money” list.

For the 2020 ranking of the top four-year colleges, Money analyzed data from 739 schools around the country. The analysis took into account 27 factors in three categories: quality of education, affordability and outcomes.

Under quality of education, Money looked at seven indicators, including graduation rates, student-to-faculty ratio and peer quality. The average Bridgewater student graduates in 4.1 years, ahead of the national average of 4.8 years for students at four-year private

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Steve Matthews’ 2020 Kentucky Derby analysis

angel may

  • Profit Line represents Steve Matthews’ judgment of the horse’s chances of winning based on post time odds. Horses should only be played to win or used in exotic wagers if they meet or exceed their profit line.

1. Finnick the Fierce

A 50-1 long shot that’s slow on final numbers and has to overcome the rail and a 56-day layoff. On the plus side, he’s fired two 5-furlong bullets at the Thoroughbred Training Center in Lexington. Everything in horse racing is about price; even at 100-1, Finnick the Fierce would still be too short.

Morning Line: 50-1. Profit Line: 150-1.

2. Max Player

Max Player makes his first start since moving to the Steve Asmussen barn after making a big forward move on the numbers when third in the Travers last time. The son of Honor Code has drilled three times since that effort, can handle the 10-furlong distance and

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ANALYSIS-Brazil economy outshines Mexico after surprise role reversal

angel may

By Jamie McGeever and Dave Graham

BRASILIA/MEXICO CITY, Sept 4 (Reuters)The divergence between the Latin America’s two largest economies, Brazil and Mexico, is widening as the region’s most prominent left- and right-wing leaders adopt stridently different fiscal responses to the COVID-19 pandemic.

Their approaches, however, are not what would be expected – and investors are adapting accordingly.

The right-wing administration of President Jair Bolsonaro – which came to office last year pledging to lower public spending and cut Brazil’s debt – has opened the taps and spent billions on unemployment benefits.

Meanwhile, in Mexico, President Andres Manuel Lopez Obrador’s left-wing government – which promised to tackle poverty with state spending programs – has kept an iron grip on its purse strings.

Economists at Credit Suisse have estimated that Brazil’s spending in response to the epidemic was not only three times higher than the median for emerging market

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