News

European Open: Risk-off extends its reach to Asia, gold to shine?

The oil shakeout begins WTI’s rally up to (and beyond) the October high was nothing short of impressive this week. We expected a bit more resistance around $85 than we saw but after a few false attempts at cracking $85.50 bulls seemingly closed out to book profits. Yet a momentum shift suggests fresh shorts have …

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Bitcoin Bullish Investors Look At 40,000 As A Bottom And a New Support Level.

Investors looking for signs as to where Bitcoin will go next should pay attention to what the options market is saying. After dipping below $40,000 for the first time since September on Monday, the world’s largest cryptocurrency rallied this week. Holders were thrown off by the fall. For starters, it was a 40% drop from …

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