Fundamental view: Bitcoin rose in the last week an reached 15700 level. According to crypto analytics platform Messari, Bitcoin has now spent more than 20 days above the $15,000 barrier. Now U.S. presidential candidate Joe Biden is six electoral votes away from victory, with officials continuing to count ballots in Georgia, Pennsylvania, North Carolina, Arizona, and Nevada. [...]
Fundamental view: Gold started the week on a strong footing and preserved its bullish momentum with the USD struggling to find demand throughout the week. With the early results from exit polls showing that US President Donald Trump was performing much better in the presidential race than what the polls suggested allowed USD to gather [...]
Fundamental view: The Australian dollar has rallied rather significantly during the course of the week but has given up some of the gains on Friday. For election, Joe Biden has 273 electors granted, which means he will become the next occupant of the White House. However, US President Donald Trump has sent to courts his allegations of [...]
Fundamental view: The Euro has exploded to the upside reaching towards the 1.19 level, last week. There are several resistances at this level like the fact that the US elections are still causing issues, and of course and lockdowns in the European Union. Further compounding this noise is the fact that the European Central Bank is [...]
