Lessons from Jon Boorman, who died today The wife of Jon Boorman, the President and CEO of Broadsword Capital, revealed that he died today after a battle with brain cancer. Awhile back, he wrote a post about the things he learned in 30 years in financial markets. It’s a great read. Lots of it you
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The upside momentum in EUR/JPY lost impulse in the 125.00 area. Rumours around further US stimulus hurt the greenback. Markets’ attention stays on the advance of the COVID-19 pandemic. The renewed demand for the safe haven yen forces EUR/JPY to abandon the area of recent peaks in the 125.00 neighbourhood on Wednesday. EUR/JPY meets resistance
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Bitcoin is currently trading at $12,020 after breaking the critical psychological level of $12,000 for the first time since September 1. Bulls have been in full control of the daily chart since the initial breakout above $11,000, mostly fueled by the purchases of big amounts of BTC from multi-billionaire companies like Stone Ridge. Zilliqa Price Prediction: ZIL
USDJPY is back to unchanged The USDJPY extended higher into the NA session and reached a peak price of 105.745.  That level corresponded with a swing area going back to September 29 (see earlier post and chart below). Sellers leaned against that level, and when the price fell back below the October 13 swing high and the earlier swing high from the Asian
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Silver Outlook: XAG/USD Stalls in Anticipation of Stimulus Outcome CCI Nears Overbought Territory Silver trades above 50 period MA, for now Visit the DailyFX Educational Center to discover why news events are Key to Forex Fundamental Analysis Price Action Stalls as Stimulus Talks Continue Renewed hopes of additional US stimulus combined with economic uncertainty increased
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