FxWirePro: Uphold BTC Long Hedge As Bitcoin’s Consolidation Phase Prolongs
Aug 24, 2020 06:59 am UTC| Research & Analysis Digital Currency Insights & Views
Bitcoin price rebounds at $11,370 mark, the bullish price action has been impressive since Covid-19 saga. But for now, the bulls seem to have been drifting in sideways sensing stiff resistance of $12,400 - $12,500...
Digital Currency Revolution Series: dYdX Collaborates With StarkWare To Scale Decentralized Trading
Aug 20, 2020 11:24 am UTC| Research & Analysis Digital Currency Insights & Views
dYdX partners with StarkWare to scale non-custodial exchange. dYdX has made an announcement of their partnership with StarkWare. dYdX runs on audited smart contracts on Ethereum, and enables trading with no intermediaries....
FxWirePro: GBP/USD Bullish/Bearish Drivers, OTC Indications & Hedging Strategies
Aug 20, 2020 07:37 am UTC| Research & Analysis Insights & Views
Bearish GBPUSD Scenarios: 1) The UK-EU fail to agree on a trade deal and the UK exits the transition period on WTO terms. 2) A renewed economic lockdown in the autumn/winter. 3) UK fiscal deficit extends towards...
FxWirePro: A Run Through On GBP Short Trades Ahead of Eurozone PMIs
Aug 19, 2020 11:14 am UTC| Research & Analysis Insights & Views
This week, PMIindices forEurozonecountries are scheduled (German and French PMIs are due this Friday). Before that, markets will have no impulse coming from data releases. The 2Q flash GDP releases brought no permanent...
Aug 19, 2020 06:46 am UTC| Research & Analysis Digital Currency Technicals Insights & Views
Bitcoin price rebounds above $12k mark, the bullish price action has been impressive since Covid-19 saga. But for now, the bulls seem to have been exhausted at the stiff resistance of $12,400 - $12,500 levels. Thereby,...
FxWirePro: What Drives Swiss Franc Appreciation? Uphold USD/CHF Shorts
Aug 17, 2020 08:55 am UTC| Research & Analysis Central Banks Insights & Views
USDCHF has served us well as a proxy EURUSD long. But this is far from being the only reason to hold a CHF long. The chart demonstrates EURCHF that is now nearly seven cents too low given the surge in EURUSD, an undershoot...
Aug 14, 2020 07:40 am UTC| Research & Analysis Insights & Views
Its not over, it has only slipped into the background: the issue of the trade conflict between the USA and the EU. The USA has updated its list of products from the EU which are subject to import duties because of the...