QNB Group Secures Mastercard License to Expand Payment Services in Syria
- Market Expansion: QNB Group has secured a Mastercard license to provide local and international payment solutions in Syria, which is expected to significantly enhance the country's digital payment infrastructure, driving financial inclusion and economic growth.
- Collaborative Milestone: This partnership marks an important milestone in QNB and Mastercard's joint efforts to enhance the digital banking experience, aiming to create new opportunities through technological innovation in the Syrian market, further solidifying QNB's leadership in the Middle East and Africa.
- Digital Transformation: By signing a memorandum of understanding with the Central Bank of Syria, Mastercard will support the modernization of Syria's digital payments, enabling millions of citizens to access modern financial services and fostering sustainable economic development.
- Strategic Commitment: Mastercard emphasizes its long-term investment commitment to the Syrian market, aiming to build a robust and future-ready payments ecosystem by empowering partner banks while adhering to regulatory and compliance standards.
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Technical Analysis for BANK
Technical Sentiment Analysis for Lorenzo Protocol (BANK) As of , Lorenzo Protocol (BANK) is exhibiting a Neutral technical sentiment. Our proprietary analysis, which aggregates 11 technical signals, shows that 5 indicators are flashing buy, while 6 are indicating sell.
Momentum Indicators: RSI, MACD & Overbought/Oversold Status Currently, the Relative Strength Index (RSI) for BANK stands at -, which suggests a Neutral condition. Meanwhile, the MACD (12, 26) indicator is at -, providing a Neutral signal for short-term momentum. Other oscillators like the Stochastic Oscillator at - and the Commodity Channel Index (CCI) at - further confirm a - outlook for the stock.
Support, Resistance & Moving Averages From a structural perspective, BANK is trading below its 60-day moving average of $- and below its 200-day long-term moving average of $-. Key price levels to watch include the immediate resistance at $- and strong support at $-. A break above $- could signal a bull continuation, while falling below $- may test the next Fibonacci floor at $-.
Lorenzo Protocol (BANK) Support & Resistance Level
| Name | S3 | S2 | S1 | Pivot Points | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Classic | 0.00287 | 0.0164 | 0.0265 | 0.04 | 0.0501 | 0.0636 | 0.0737 |
| Fibonacci | 0.0164 | 0.0254 | 0.031 | 0.04 | 0.049 | 0.0546 | 0.0636 |
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