Financial news and actionable analysis
Gold vs Bitcoin, what has been the better investment in 2020? What is the outlook for the next couple of weeks, and can we clear up some of the fundamental differences and similarities between both? That is what we will cover in this article. First, we will take a look […]
The Nasdaq 100 spiked higher by 0.32% five minutes following the release of the latest US Non-farm payroll report (NFP). As similar move higher was visible in the S&P 500 and Dow Jones. The NFP report was better than expected as the US economy created 1.76 million new jobs vs […]
Bitcoin (BTCUSD) may have been late to the party compared with gold prices and the Nasdaq 100, but its price reached a new 2020-high last week. In fact, the price managed to breach a multi-year triangle pattern, with an objective of $20,220, so the bulls had a lot to cheer. […]
Gold prices are on the rise again following a few days of limited price action and moments ago the price reached a fresh weekly high of $1785.46. Further gains in the XAU/USD, depending on the price taking out the July high of $1789.3. Failure to takeout the high might result […]
The second quarter offered some great trading opportunities across all asset classes. As we head into the new quarter, I think market volatility will decline, yet I still think it will be a great quarter to trade. My rationale is that traders in stocks and FX, overreacted on the way...
GBPAUD is coming under pressure today, and on a break to the June low of 1.8052, the GBPAUD pair might resume its exaggerated slide from 2.08.
The Bank of England stroke a slightly more hawkish tone than expected at their June 18, 2020 interest rate meeting, by only opting to add £100 billion to their quantitate easing program. This amount was at the lower end of expectations according to the Financial Times.
