Across the page on the daily timeframe, support at $1,919 appears to be hanging by a thread. This level is key. Clearance of this base would technically hand the baton to sellers to run for support from $1,866, which shares chart space with the 200-day simple moving average (red – $1,850). Technicians will also note…
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CEO of ATFX Mena, Khaldoun Sharaiha added: The UAE's pioneering role in drafting regulations and driving industry development across various asset classes is a boon to the investors in the region and paves the way for forward-thinking firms to offer a secure and productive environment for such investors. ATFX has been actively pursuing licensing in…
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Under the terms of the deal, eToro’s branding will be visible at all matches and through on-screen graphics on ITV. In addition, eToro will assume sponsorship of the insightful and results-driven feature called "Premiership Predictor" by Premiership Rugby. This collaboration entails eToro's branding being prominently displayed on screen and in social media graphics prior to…
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Ripple’s CEO, Brad Garlinghouse said: Singapore is a leading global financial center, and a prominent gateway to business in Asia Pacific. We’re incredibly proud to receive an in-principle license from the MAS, reaffirming our commitment to the region and ongoing proactive engagement with regulators globally. The MAS continues to be a global leader in establishing…
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Asset Turysov, Vice Minister of Digital Development, Innovation and Aerospace Industry of Kazakhstan, said: Over the past year, regulators in Kazakhstan have taken significant steps towards the development of the cryptocurrency industry. Binance has provided assistance to Kazakhstan in the development of a legislative framework and a general policy for the regulation of crypto assets,…
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Users of EquiLend 1Source, a DLT-based source of information for the securities finance industry, will be able to direct securities lending trades seamlessly to the NSCC for central clearing via Broadridge’s Trade Submitter Service. Darren Crowther, Head of Securities Finance Services, Broadridge, said: We are delighted to be able to offer our joint clients straight-through…
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However, operating profit plummeted 93% to £13,088 despite the revenue gain from 2021’s £198,050. The drop in profit can be traced in the 75.7% rise in administrative expenses which reached £2.57 million, compared to £1.46 million in 2021. HYCM UK registered pre-tax profit of £13,243 in 2022 and £3,706 after taxes, compared to £196,185 net…
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Conversely, the chart would suggest a correction sooner or later, with overbought conditions having dominated in recent weeks. Friday’s peak above ¥182 was the highest price for pound-yen in more than seven years, even before the Brexit referendum, and with all three saturation signals clearly visible it would traditionally be a big risk to buy…
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On the daily timeframe, however, support is not visible until $1.2665, indicating that further downside could be seen for the pair. In terms of resistances, $1.3001 calls for attention on the daily timeframe, followed by weekly resistance at $1.3134. From the H1 chart, the US cash open welcomed an AB=CD harmonic support level at $1.2722…
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Prior to his new position as Head of Liquidity Asia, Lim has supervised the implementation of SG1 eFX to provide Asian clients with optimised pricing and enhanced liquidity. This expansion is similar to Finalto’s recent expansion into New York and Singaporean data centres. Kenneth Lim commented: I am absolutely thrilled to be embarking on this…
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