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Bitcoin bulls likely to keep control; Gold creates symmetrical triangle

Posted on Tuesday, February 18 2020 at 8:05 pm GMT+0000

Bitcoin bulls likely to keep control After the spectacular rally last year, bitcoin entered a dwonward corrective phase forming a falling wedge. The falling wedge is a Bullish Wedge that have a noticeable slant to the downside against the prevailing uptrend. The breakout of the upper trendline of the pattern at 8000 opened the door […]

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Coronavirus pushes oil prices below $50. Will the stock market follow the same path?

Posted on Monday, February 10 2020 at 6:12 pm GMT+0000

Coronavirus pushes oil prices below $50 The sharp sell-off in oil markets in the past two weeks was due to heightened concerns about a slowdown in global demand and decreased possibility of an OPEC+ emergency meeting with Russian’s disagreement to such a meeting. Although coronavirus fears and the sharp drop of Chinese oil demand, were […]

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RBNZ to signal patience; US retail sales and UK GDP to be the highlights of a calm week

Posted on Monday, February 10 2020 at 6:51 am GMT+0000

The Coronavirus outbreak continues to attract all the attention, China’s central bank may have managed to stabilize the markets by injecting billions of dollars into the financial system, but investors will still be keeping a close watch on how successful authorities are in curbing the spread of the coronavirus. And although some reports considered that […]

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RBA meeting and US jobs reports in focus while Coronavirus Saga Continues

Posted on Monday, February 3 2020 at 8:16 am GMT+0000

The main driver for financial markets remains the Coronavirus and its potential impact on the global economy. The number of confirmed cases and fatalities keeps climbing, and China still seems unable to contain the virus. If it continues to spread at a rapid rate, china growth might take a severe hit and its major trading […]

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Coronavirus effects on global markets and gold

Posted on Sunday, February 2 2020 at 7:49 pm GMT+0000

It is true that Cronavirus effects were first confined to the Chinese and Asian markets, but now started spreading to other countries. Its impacts on global markets are expected to escalate since it continues to spread at a rapid rate. A large number of companies and factories in China closed, including foreign and US companies, […]

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FOMC and BoE meetings are the highlights of a week packed with key data releases

Posted on Monday, January 27 2020 at 8:07 am GMT+0000

There will be no shortfall of market-moving events this week, with plenty of top-tier data and crucial central bank meetings shaping the agenda. The meeting of the US Federal Reserve’s rate-setting Federal Open Market Committee (FMOC) and the Bank of England’s Monetary Policy Committee (MPC) are the highlights of the week. The Fed is expected […]

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Trading Lessons from a Spider

Posted on Monday, January 20 2020 at 7:45 am GMT+0000

One of the true wonders of the natural world is the spider and their predatory techniques. When you hear of the ‘perfect predator’ you often think of a pride of lions in the Serengeti or a pack of wolves in the Canadian Rocky mountains. In actual fact one of the most successful is the spider […]

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What type of trader are you? Take our quiz.

Posted on Monday, January 6 2020 at 7:50 am GMT+0000

People have been engaged in some form of trading for centuries if not millennia and over time different styles of trading have evolved around the world. In the modern world of trading the financial markets – before and after the onset of internet trading, a host of different methods have evolved. Some trade on short […]

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Tips to Get You Ready to Trade

Posted on Monday, December 30 2019 at 8:04 am GMT+0000

If you’re anything like me, before you jump into something new you’ll first do your research. Whether its taking up a new hobby, or buying a smart phone. Deciding to take up trading is no different. If you’re thinking about getting into trading you’ve probably already done a bit of research and looked around the […]

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