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Commodities

XAUUSD Bulls Attempt A Run At The 1575 Level Barrier

Feb 07 2020 @ 20:34
XAUUSD Price Analysis – February 7 The increasing tension in the Coronavirus crisis could push gold upward, trying to reach the $ 1,575 level. The yellow metal strengthened despite stock market growth following the publication of economic data that exceeded expectations. However, the mood for assets at risk improved significantly as fears of coronavirus eased […]
 

Annual Forecast for S&P 500 – 2020

Jan 14 2020 @ 23:17
S&P 500 chart (SPI:SP500) is really a protracted bull market. In spite of disturbing news from all over the worlds, the market has been making news lower highs and higher highs. The historical data depicts fierce battles between bulls and bears between August and October 2019. The impasse ended in October that year and a […]
 

Gold Stays Constricted In A Restricted Trading Range Around $1550 Level

Jan 10 2020 @ 19:03
XAUUSD Price Analysis – January 10 Gold rose in price in response to the grim release of NFP in the US, although it lacked a strong follow-up from buyers and stayed within the trading range of the previous session. Over the past 24 hours, the yellow metal has been trading in a limited trading range […]
 

Bitcoin (BTC) Breaches More Resistances, Attempts To Terminate Downtrend

Jan 10 2020 @ 18:50
Key Resistance Zones: $10,000, $11,000, $12,000 Key Support Zones: $7, 000, $6, 000, $5,000 BTC/USD Long-term Trend: Bullish Yesterday, the bulls made an impressive move as the bulls reach a high of $8,400. The coin was resisted and the price retraced to a low of $7,800. The support is holding which was previously a resistance […]
 

Risks Associated With Bitcoin Cloud Mining

Oct 24 2019 @ 03:07
When Bitcoin came along, it immediately generated a lot of interest as you can imagine. Bitcoin mining is perhaps the most intriguing part of this craze as it allows users to mine the world’s leading cryptocurrency. This can then be transferred to any secure Bitcoin wallet like Luno, and be used as they see fit. […]
 

Brexit Aftermath: The Market Reaction Of Bitcoin, Gold And Pound Sterling To Headline News In The EURO Zone

Oct 21 2019 @ 06:11
After the UK made it public to exit from the EURO bloc, the market cap for Bitcoin and Gold has increased almost by $133 billion and $1 trillion. Is this the Brexit aftermath? As it is, the end may be near for Brexit. In the recent declaration an accord is reached between the British government […]
 

The Economic Proscription of U.S. Farmers by China Maybe Forever

Oct 13 2019 @ 08:34
Similar to a black eye on the face, it’s placing an indelible imprint. The retaliatory levies by China over U.S. commodity producers, such as soybeans, which seem to be forever. The moment such happens for the market it becomes irreversible. It’s a dread numerous farmers from North Dakota to Mississippi have recognized for as far […]
 

Trade Dispute Responsible for China’s Overwhelming Gold Purchase Rate

Oct 13 2019 @ 08:24
China has included more than 100 tons of gold to its stores since it continued purchasing in December, fortifying its position as one of the significant authority collectors as national banks load up on the valuable metal. The People’s Bank of China grabbed progressively gold a month ago, raising reserves to 62.64 million ounces in […]
 

Market-Making Bot: How to Choose, Customize, and Set-Up

Sep 23 2019 @ 23:05
Crypto trading bots are technologies that allow crypto traders to customize a trading medium where their trading strategies are executed automatically at any time of the day. This technology has become popular in the cryptocurrency market and is dubbed “market-making bots”. Market-Making Market-making is the act of buying and selling of digital assets to make […]
 

Facebook’s Libra To Apply For Licence In Switzerland

Sep 15 2019 @ 07:05
Swiss financial regulators have signaled that Facebook’s cryptocurrency, Libra is mandated to meet up to extra requirements besides acquiring a payment system license before they can begin operations in the region. In a recent press release, the Swiss Market Supervisory Authority (FINMA) explained that the diverse services projected by Libra have created the need for […]
 
 
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