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Futures News, April 8th: 1. Heavy rainfall and severe convective weather are expected in the Jianghan and Jianghuai regions. From April 8th to 10th, moderate to heavy rain is expected in parts of the Jianghan, Jianghuai, northern Jiangnan, and Chongqing areas, with localized torrential rain or extremely heavy rain, accompanied by short-term heavy rainfall, thunderstorms, strong winds, or hail. ② The Central Meteorological Observatory issued a blue rainstorm warning and continued to issue a blue warning for severe convective weather at 06:00 on April 8th. It is expected that from 08:00 on April 8th to 08:00 on April 9th, heavy to torrential rain is expected in parts of southern and eastern Hubei, central and northern Anhui, southern Henan, and central and northern Jiangsu, with localized extremely heavy rain (100-150 mm) in eastern Hubei. These areas will also experience short-term heavy rainfall (maximum hourly rainfall of 20-40 mm, locally exceeding 50 mm), and localized thunderstorms, strong winds, or hail. 2. Heavy rainfall has occurred in areas near the Great Lakes and in Japan. Yesterday, moderate to heavy rain occurred in parts of Mexico, eastern Brazil, Uruguay, northern Argentina, Okinawa (Japan), Indonesia, Malaysia, Thailand, the North Island of New Zealand, and the Solomon Islands, with some areas experiencing torrential rain or extremely heavy rain. Moderate to heavy snow or sleet occurred in southern Canada, the Great Lakes region, the Labrador Peninsula, Iceland, Norway, Sweden, Finland, and central Russia, with some areas experiencing blizzards or extremely heavy snow. 3. Precipitation will continue in Afghanistan and Pakistan. Over the next three days, influenced by an upper-level trough, a low-level warm and moist jet stream, and orographic lifting, eastern Afghanistan and northeastern Pakistan will continue to experience moderate to heavy rain, with some areas experiencing torrential rain.Iraqi Foreign Ministry: Iraq welcomes the US-Iran ceasefire agreement and urges both sides to fully implement their commitments.Japans February trade balance will be released in ten minutes.The UAE said its air defense systems are responding to missile and drone threats from Iran.Iran’s Supreme National Security Council said its ten-point proposal to the United States included accepting Iran’s uranium enrichment.

ETH Bulls Target a Return to $1,600 on Shanghai Hard Fork Sentiment

Cory Russell

Jan 17, 2023 15:20

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On Sunday, Ethereum (ETH) increased by 0.19%. ETH gained 6.75% on Saturday before gaining 20.39% for the week to $1,553. For the second time since November 7, ETH ended the day above $1,500.


ETH saw a negative start to the day, dropping to a low of $1,516 in the morning. ETH increased to a high of $1,567 in the late afternoon after avoiding the First Major Support Level (S1) at $1,467. ETH slipped back to conclude the day at $1,553 after failing to pass the First Major Resistance Level (R1) at $1,616, however.


Bitcoin (BTC) decreased by 0.40% on Sunday. BTC concluded the week up by 21.83% to $20,882, somewhat erasing a 5.20% rise from Saturday. Notably, BTC had its seven-session winning run come to an end while testing $21,000 for the second time since November 7.


As the day got off to a negative start, BTC dropped to an early low of $20,566. BTC increased to a high of $21,055 in the late afternoon, avoiding the First Major Support Level (S1) around $20,116. BTC crept slightly to close the day at $20,882, but it fell short of the First Major Resistance Level (R1) at $21,597.