Month: March 2021

Above the 100/200 hour MAs Earlier in the NY session, the GBPUSD was trading back toward the 100/200 hour MA.  It was also just above the swing area between 1.3745-58.  Holding that area was key to the buyers looking for more upside.   Getting back above the 200 hour MA was also key. The pair did
Blockcap, one of North America’s fastest-growing Bitcoin (BTC) mining companies, has secured sizable investments from some of crypto’s biggest names, setting the stage for significant expansion in the year ahead. Off The Chain Capital and Foundry Digital, a subsidiary of Digital Currency Group, contributed to the $75 million haul, Blockcap announced Wednesday. The funding will
Oil prices will stabilise above $60 a barrel level this year, as vaccine rollouts support a demand recovery and OPEC and its allies continue to rein in supply, a Reuters poll showed on Wednesday. The survey of 48 participants forecast Brent would average $63.12 per barrel in 2021, up from last month’s consensus of $59.07
China’s official data suggest that the country’s economy recovered significantly in March. PMI readings for all of manufacturing, services and construction activities improved strongly. While seasonal factor (low base effect in February) played a role, the strong first quarter reading signals that economic recovery remains underway. Key risks are global vaccination progress and US-China trade
In this article LULU Pedestrians wearing protective masks walk past a Lululemon store in San Francisco, California, on Monday, March 29, 2021. David Paul Morris | Bloomberg | Getty Images Lululemon on Tuesday reported revenue and profit for the holiday quarter that topped analysts’ estimates, boosted by the athletic apparel maker’s online business, and double-digit
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Moved back below 100 hour and 100 day MAs today The AUDUSD after initially moving higher today, reversed course and tumbled back below key MA levels on the hourly and daily chart.  The hourly chart above has the daily 100 bar MA overlaid on the chart and it – and the 100 hour MA –