Bitcoin Can Explode in 2020 On Crypto Adoption
January 26th 2020
Many analysts believe that 2020 could spark mainstream adoption of bitcoin and crypto in general. While many point toward retailers... Ripple Price Surges Nearly 4% On The IPO Claims
January 24th 2020 - Ripple (XRP) price has surged more than 3.5% in just more than an hour on the claims of Ripple’s CEO that the company’s initial public offering (IPO) may be organised in the coming 12 months. Fundamental analysis: IPO is a...
Tesla Stock Price Makes Another Big Push, Finally Hits $100 Billion Valuation
January 23rd 2020 - Shares of Tesla rallied again yesterday to hit a fresh record high of $594.50. Although the stock price retreated lower in the second part of the U.S. session, it was still enough to close the day above the $555 mark,...
Here’s Why IBM Stock Price Gapped Higher
January 23rd 2020 - Shares of International Business Machines Corp (IBM) opened 3% higher yesterday after the tech giant reported higher-than-expected Q4 earnings. The stock ended the day 3.39% higher to trade at the highest levels since October last year. Fundamental analysis: A successful...
USD/CAD Price Skyrockets Over $1.31 On Dovish Bank Of Canada Statement
January 22nd 2020 - The USD/CAD has burst higher today on the dovish Bank of Canada (BoC) monetary policy statement. Compared to this morning’s price, USD/CAD trades more than 100 pips higher. Fundamental analysis: BoC unexpectedly dovish Bank of Canada left its key policy...
Novavax Stock Price Erupts 70% On A New Vaccine
January 22nd 2020 - Shares of Novavax (NVAX), a clinical-stage vaccine company, skyrocketed yesterday on the news that the company’s new vaccine is in the late-stage clinical trials. Fundamental analysis: Fast-track designation obtained The biotech firm said that it has received fast track designation...
Here’s Why Beyond Meat Stock Trades 60% Higher In 2020
January 21st 2020 - Shares of Beyond Meat (BYND), the US faux meat producer, have been one of the best stock market performers since the beginning of the new year, as they have gained more than 63% up to now. The stock has gapped...
Cardano Can Gain 20% In February
January 21st 2020 - Cardano (ADA), the world’s 11th largest digital coin by market capitalization, has been making great strides recently, both price-wise and fundamentally. The upcoming hard fork and some interesting partnerships may further boost the ADA price. Fundamental analysis: Hard fork approaching...
Why Are Oil Prices Falling to Rally on Libya Tensions?
January 20th 2020 - Oil prices moved higher overnight after two big crude production bases in Libya started shutting down as a result of the military blockade. The prices have retreated lower during the European and American session, however, tensions remain high. Fundamental analysis:...
Why I Wouldn’t Invest in Bitcoin SV Right Now
January 19th 2020 - After it staged a rally that resulted in the value increase of more than 170% in just a day, Bitcoin SV has already returned nearly 80% of those gains. The initial rally raised many eyebrows as it appears that it...
Will Target Stock Surge 30% In 2020?
January 19th 2020 - Following an eye-watering performance in 2019, when it gained 94%, the Target stock momentum appears to be slowing down. The company missed the mark with holiday sales last week, which sent its shares 10% lower. Fundamental analysis: Holiday sales disappointed...
Can USD/MXN Hit Multi-Year Lows This Year?
January 18th 2020 - Following the U.S. Senate’s approval of the United States-Mexico-Canada Agreement (USMCA) trade deal, Mexico export companies expect a record year. As a result, USD/MXN printed a fresh 1-year low $18.65. Fundamental analysis: USMCA to boost economy Auto part manufacturers are...
Can Apple Stock Hit $400 This Year?
January 18th 2020 - Apple’s market capitalization increased staggering 103% in 2019 as a tech giant convincingly out performed many of its main rivals. Despite the stock travelling higher in an almost vertical manner, analysts see more upside for the stock due to increasing...
Can Ethereum Gain Additional 10% By The End Of January?
January 17th 2020 - Similarly to Bitcoin, Ethereum has recorded one of the best starts to the year in recent years. The world’s second largest coin by market capitalization has gained more than 30% so far. The fundamental and technical indicators point towards further...
USD/CAD Set For Big Move in 2020
January 17th 2020 - USD/CAD had been continuously moving lower in the last 4 years. While the series of lower highs is still intact, the price action has also moved below other technical indicators. If oil prices move higher in 2020, we may witness...
Gold Prices May Drop 10% Before March
January 16th 2020 - Since gold prices hit $1,611 last week, the highest levels since 2013, the price action has been continuously moving lower in the last few days as trade tensions have eased. The recent market behaviour suggests that the short-term top is...
Can Bitcoin Hit $16,000 in 2020?
January 16th 2020 - Bitcoin (BTC) price has recorded the best start to the year since 2012 as it has gained 20% since the year started. Other major altcoins are up as well with the entire cryptocurrency market gaining 23% in value. “The Iran...
Why Keep an Eye on the Manchester Property Market in 2020
January 15th 2020 - There are some very good reasons for keeping an eye on the Manchester property market this year. This fast-growing city in the North West of England was one of the success stories of 2019, and this trend should continue into...
USD/JPY: Extra Gains Likely Near-Term
January 15th 2020 - After weeks of failed attempts, USD/JPY has finally managed to break above the key resistance on the back of the improving risk appetite. Yesterday’s levels were the highest that USD/JPY has been trading since May last year. Fundamental analysis: U.S....
Boeing Stock is Set for Huge Move in 2020
January 15th 2020 - While the bulk of the stock market trades near record highs, shares of Boeing trade nearly 30% off its all time high. Technically, the stock looks very bearish as the bears aim to push the price action below the $300...
Gold Could Be Your Secret to a Glittering 2020
January 14th 2020 - The idea of investing in commodities might sound rather daunting. Perhaps you think that you would need to be an expert to do this well. This isn’t true, as anyone can invest in the likes oil, gas, corn and copper....
Forget About Working Until 67: Invest in Property Instead
January 14th 2020 - If you rely on the State Pension for a comfortable retirement, you will be waiting around for a long time. Recent changes mean that many of us would have to wait until we reach 67 to do this. Thankfully, there...
3 Stocks That Could Benefit From The U.S. – China Trade Deal
January 14th 2020 - The U.S. and Asian markets are trading at record highs today amid signs that a U.S. – China trade deal is imminent. The stock markets have been waiting for months for Beijing and Washington to defuse their prolonged trade war....