We look at instruments available in the Saxo Platform, which can be helpful investments as Danish banks are looking to apply negative interest rates on clients' accounts. We look at instruments available in the Saxo Platform, which can be helpful investments as Danish banks are looking to apply negative interest...
Crypto Weekly: Leaving Bitcoin behind
As Ethereum surged to a new all-time high, Bitcoin was left in the dust. eBay said that they may accept cryptocurrencies as payment in the future. The famous venture capital firm Andreessen Horowitz is looking to establish a new cryptocurrency fund worth up to $1bn.Ethereum surging to a new all-time...
Silver takes charge with gold a reluctant follower
Silver broke out of its triangular formation yesterday to record its best one day performance since early February when it briefly touched $30. Gold meanwhile remains rangebound as it struggles to find a bid strong enough to challenge key resistance at $1800. What is our trading focus? Spot Gold (Ticker:...
FX Update: Smaller central banks slowly tightening the screws. Meh.
First it was the Bank of Canada QE taper, now the RBA teases a likely July tightening move, while expectations for less accommodative Bank of England guidance this Thursday are heating up as well. What are FX traders to make of this development and what would it take to get...
USDCHF facing bearish pressure | 4 May 2021
USDCHF is facing bearish pressure from 100% Fibonacci extension and 127.2% Fibonacci retracement . Prices might push down towards horizontal swing low support in line with 38.2% Fibonacci retracement and 50% Fibonacci extension . If prices push up towards, prices might face resistance from horizontal swing high resistance in line...
USDCHF facing bearish pressure | 4 May 2021
USDCHF is facing bearish pressure from 100% Fibonacci extension and 127.2% Fibonacci retracement. Prices might push down towards horizontal swing low support in line with 38.2% Fibonacci retracement and 50% Fibonacci extension. If prices push up towards, prices might face resistance from horizontal swing high resistance in line with 161.8%...
GBPAUD is facing bullish pressure | 4 May 2021
Prices are facing bullish pressure from our ascending trend line and support level , in line with our 61.8% retracement and 78.6% extension where we could see a bounce above this level . Ichiomku cloud and EMA are showing signs of bullish pressure as well.
GBPAUD is facing bullish pressure | 4 May 2021
Prices are facing bullish pressure from our ascending trend line and support level, in line with our 61.8% retracement and 78.6% extension where we could see a bounce above this level . Ichiomku cloud and EMA are showing signs of bullish pressure as well.
Podcast: A novel volatility hedge for equities. CB’s are turning tighter.
The Reserve Bank of Australia teased a likely removal of policy accommodation at its July meeting overnight, which would make it the second bank after the Bank of Canada to remove monetary policy accommodation. And the market is pricing in a similar tendency from the Bank of England ahead of...
Market Quick Take – May 4, 2021
US equities sold off yesterday after attempting to rally earlier in the day, with the Nasdaq 100 index now pushing down near three-week lows in futures trading overnight. Speculative names were worst hit. Elsewhere, bonds rallied in the wake of US data despite a record high ISM Manufacturing Prices Paid...