Category: Trade

After some incredible one-way gains through October to mid-January with central bank liquidity and a goldilocks economic data backdrop suppressing volatility, there was a general belief that very little could derail this thematic. However, the coronavirus changed that, with concerns that supply chain disruptions, quarantining the public (in certain countries) and border closures will lead to lower global growth and...

The dollar is the best performing currency among G10 currencies in January, with the dollar index rising 1.6% so far this month to hit a two-month high. The yen and the Swiss franc, traditional safe-haven currencies, ranked a close second and third. The yen firmed 0.1% to 108.90 yen per dollar, edging close to a three-week high of 108.73 touched...

Today the Australian dollar fell to an eleven-year low reaching 0.6635, slumping to levels not seen since before the GFC in 2009. The picture is similar against a host of other currencies as the US dollar continues its march higher versus other units such as sterling, euro and New Zealand dollar. The US dollar held near a two-month high against...

The British Pound initially tried to rally during the trading session on Monday Feb 17th, but gave back the gains to show signs of exhaustion. However, the 1.30 level underneath seems to offer a bit of support, probably more or less of the psychological variety. Furthermore though, I do think that if the market breaks down from here it could go...

Gold markets have continued to look very bullish over the last several weeks, and at this point it looks as if the market is trying to get towards the $1600 level. The $1600 level above continues to offer plenty of resistance as it has been the highs lately, but at this point it looks as if the market is still...

Some countries are giving a hard time for those buying and selling cryptocurrency. Here is a list of the top five countries promising stricter cryptocurrency regulation: 1. Brazil The cryptocurrency scene in Brazil has taken several hits lately. Once thriving and “crypto-friendly”, the South American country’s “Receita Federal” imposed stricter cryptocurrency regulation in August 2019. According to the Brazilian crypto...

The crypto markets have seen some insane price action over the past several days and weeks, with Bitcoin racing above $10,000 as a plethora of different altcoins see returns that can only be accurately described as being parabolic. This volatility, however, may have been easily forecasted simply by looking at data regarding the search trends for keywords and phrases relating...

If we close the weekly above our 0.25 range level, I’ll be targeting 11.7k range high next. If not, I think we retest green. Break below green and we probably retest mid-range (red). After facing a couple of days of bearish price action yesterday, Bitcoin’s bulls have come out in full force, propelling the cryptocurrency back above the key $10,000 price region...

Once you understand all the terms and strategies, you’ll be well-equipped to buy and sell Bitcoin for fun and profit. We’re about to give you a crash course in Bitcoin trading. Once you understand all the terms and strategies, you’ll be well-equipped to buy and sell Bitcoin for fun and profit. Read on, to learn: What Bitcoin trading Which terms...

The question for markets is much more how hard rather than whether the Chinese economy will be hit in Q1 2020, and what impact this will have on other world markets and currencies. Economists from Bloomberg forecast China’s year-on-year GDP growth to slow to 5.9% but whether this forecast becomes fact depends largely on how successful China is in containing...