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The dip buyers aren't waiting around Higher rates are no match for vaccine optimism. Money continues to march out of US dollars. The non-farm payrolls report and rising Treasury yield led to a small rebound in the dollar but that was met by waves of selling. The aggressiveness of the pushback is a s

Yesterday we saw a profitable long trade from the bullish bounce at the support level of $18,300. Any remainder of this position is probably best exited for profit now as the price is looking less likely to travel much higher over the short term. Risk 0.50% per trade. Trades may only be entered prio

Bitcoin eyes $20,000 After the Thanksgiving slump which almost tested the $16,000 level, Bitcoin has steadily rallied back above the $19,000 level and has hit an all-time high as interest grows and macro arguments seem bulletproof in the short-term. Bitcoin and all the major altcoins are rallying st

Gold continues to feel the pull of gravity after facing rejection at $1818 for two consecutive days. Despite the uncertainty about the coronavirus vaccine development and continued escalation in the infections globally, gold remains vulnerable amid thin trading conditions on Black Friday. The XAU/US

The dollar dropped to its lowest level in over two months against a basket of peer currencies on last Friday, as the contentious U.S. election dragged on and the result met the expected victory of Joe Biden as the next president on Nov 7, 2020. Japan Times reported that the government and Bank of Ja

FOX NEWS - As of 2:00 a.m. (GMT+8), Nov 8, 2020. Joe Biden has defeated Donald Trump at this stage, 290 - 214.NOTE: 270 electoral votes are needed to become president.WASHINGTON (CNN) - America has chosen Democrat Joe Biden as its 46th president, CNN projects, turning at a time of national crisis to