Month: April 2021

Forex news for Asia trading for Wednesday 21 April 2021  USD/JPY dropped under 108 again here today (it did so briefly yesterday also) before rebounding (a smaller rebound this time as I post) and subsequently dropped under 108 again (and is still under as I update). Chatter of a battle of flows, bidders said to
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In this article NFLX (L-R) Reed Hastings and Ted Sarandos attend the “Marseille” Netflix TV Serie World Premiere At Palais Du Pharo In Marseille, on May 4, 2016 in Marseille, France. Stephane Cardinale | Corbis | Getty Images Netflix is set to report earnings for the first quarter of 2021 after the bell on Tuesday.
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FX Strategists at UOB Group commented that further downside is still expected around USD/JPY in the next weeks. Key Quotes 24-hour view: “Our expectation for ‘the drop in USD to test 107.90 first before stabilizing’ did not materialize as it traded between 107.95 and 108.54 before closing little changed at 108.05 (-0.06%). The outlook for
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The move back below the 100 hour MA hurts the bulls Earlier in the day, the AUDUSD held the 50% retracement of the last move higher from the low yesterday at 0.77604.  That kept the buyers in play.  The subsequent move below the level, however, saw the buyers turn to sellers, and on the break of the 100 hour MA (at 0.77475),
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The stakes have been upped for Cardano and Polkadot, with the two networks continuing to dominate the staked capitalization rankings. According to data from StakingRewards, Cardano is currently the top blockchain in terms of staked value, with roughly $26.4 billion worth of ADA allocated to securing the network. With Cardano’s entire capitalization tagging $36.6 billion,
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Forex news for Asia trading for Tuesday 20 April 2021 The Australian, Canadian and New Zealand dollars all traded higher against the US dollar during the session, easily outperforming. More murmurings of commodity price gains did the rounds assisting these currencies higher. USD/JPY had an early move down, it took out a few stop loss
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