Forex

Gold Diversified: Gold On The Blockchain

There are traditional options to gain exposure to Gold, such as physical bars and coins, ETFs, shares in mining companies, and CFDs. But a few new blockchain options have cropped up in the recent past, which could require some attention....

GBPJPY: Where is the pair headed mid – 2021?

1 GBP is currently trading at ~155 JPY, which is an important touchstone for the pair. The GBPJPY last touched (and notably rejected) this level in December of 2017. An important question to ask is: Where is the pair headed...

Rare Elliott Wave Formation on AUDJPY

We have been seeing a pretty normal Elliott Wave count on the AUDJPY until this morning. After a complex Wave iv consisting of a Double Zig Zag sitting just above a 38.2% retracement of Wave ii, we started to see...

Trade Ideas

AUDNZD - H4 Timeframe. Rejected the double top we were looking at yesterday after a break of a flat top triangle on a lower time frame. If we can stay below 1.08270, look for moves to 1.05700!...

Week ahead – GDP and Inflation

Last week was a bloody week in the markets, with US equities selling off on fears that the market has been overstretched. The NASDAQ, Dow Jones, and the S&P 500 were down 4.52%, 3.66%, and 3.28%, respectively....

What causes forex currency prices to change?

Forex pair and CFD constantly change in price, from day to day to minute to minute. Price changes can be small, and measurable in the tens of pips, or price changes can be huge and measured in the tens or...

Future of the US Dollar

As the Coronavirus started to wreak havoc across the world, the US dollar stepped up as the world's de-facto currency. Risk-off sentiment drove investors and traders to the US dollar in droves, pushing the dollar to highs not seen since...

Markets are mixed while currencies range

Markets the US and around the world are mixed as investors and traders take a cautious stance on the economy. NASDAQ edges a 0.29% gain, while the S&P 500 and Dow Jones ended lower at 0.78% and 1.09%, respectively. AUS...

Is there upside for the EUR/USD?

The European Commission wants to borrow €750B to help European Nations less capitalized, pushing the EUR/USD higher. This is on the back Germany and France’s proposal for a €500B fund intended to be given as grants to poorer nations such...
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