Crude oil is known to have some of the best conditions for trading in a range of market conditions due to its unique standing in the global political and economic systems.

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3 tips to trading crude oil with bitcoin

Of all the classic market instruments, crude oil is also well known for its volatility, offering crypto traders some of the best trading opportunities however many traders fail to take advantage of these fluctuations due to the fact that they haven’t learnt enough about the unique characteristics of crude oil markets.

In this article we take a look at 5 tips to trading crude oil with bitcoin and how you can take advantage of this global asset when trading.

1. Know Industry Organisations — OPEC and EIA Reporting

Crude oil production by the Organization of the Petroleum Exporting Countries (OPEC) is an important factor that affects oil prices. OPEC ensures the stabilisation of oil prices in international oil markets, with a view to eliminating unnecessary and harmful fluctuations in the price. In addition, the aim of OPEC is to secure an efficient, economic and regular supply of petroleum to consuming nations and to ensure that there is a fair return on capital for those investing in the petroleum industry. …


The TradeConnect weekly market analysis is now live. Don’t forget to download our IOS app to start trading our global financial markets.

Highlights:

  • Dollar on the defensive amid stimulus talks and FOMC suggestions of low rates until 2023
  • EUR/USD closes above the 1.1800 level, fueling bullish hopes
  • GBP/USD above 1.3000, but the market doesn’t trust it too much as Brexit deadline approaches
  • Stocks on the positive note as Wall Street sees more probabilities of a Biden victory
  • Gold closed above 1.920. It now seems ready to start the anticipated upside long-run
  • Bitcoin looks set to extends rally after breaking above 11,200

The Week Ahead:

It was all about Donald Trump’s health and stimulus talks last week. The volatility associated with these two events pushed the dollar down, and its major competitors, including euro, pound and gold broke critical resistances.


The TradeConnect weekly market analysis is now live. Don’t forget to download our IOS app to start trading our global financial markets.

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Weekly Market Analysis: Oct 4 — Oct 10, 2020

Highlights:

  • Oct brought a rebalancing of portfolios; investors now in risk-taking mode
  • Trump tested positive for COVID, adds pressure to US stocks
  • US Investors expect resolution for new stimulus package to fuel equities
  • Gold confirmed pullback after logging two negative months in a row
  • DXY shows signs of exhaustion; euro ready to resume uptrend
  • British pound to experience high volatility amid Brexit uncertainty
  • Crypto market suffers a regulatory setback in the US

The Week Ahead:

Markets experienced a type of reckoning last week as most assets that performed relatively well in September reported losses during the week. …


The TradeConnect weekly market analysis is now live. Don’t forget to download our IOS app to start trading our global financial markets.

Highlights:

  • Tuesday’s US presidential debate will provide volatility to the markets. Risk aversion vs. confidence
  • Fears about a new wave of COVID-19 cases in Europe spurs market aversion and fuels dollar
  • US dollar remains on recovery mode, pushing euro and gold down
  • Gold consolidates near to 2-month lows, more declines expected
  • Copper increased up to 40% in six months fuelled by manufacturing activity and increased Chinese demand.
  • The European Union launches a package to work on cryptocurrency regulation for the whole union
  • GDP in UK and US will add volatility to markets, but Friday’s US NFP will dictate the verdict

The Week Ahead:

It seems that Donald Trump’s race to be reelected as president of the United States is not a chimera as most people used to think a few months ago. With 20% unemployment and over 200K deaths due to the chaotic pandemic response, many people thought that the Donald Trump presidency was over.


The TradeConnect weekly market analysis is now live. Don’t forget to download our IOS app to start trading our global financial markets.

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Highlights:

  • Presidential race heats up as candidates debate replacement of RGB
  • WeChat ban causing legal battle for Trump
  • TikTok remains in the US amid deal with Oracle & Walmart
  • Realized correlation between Bitcoin & Gold at 1-year highs
  • Critical data & Parliament in UK to determine the fate of British pound
  • Experts highlight how economic recovery in China is broadening
  • Central banks in NZ and Switzerland take the stage

The Week Ahead: US elections to take the focus; BTC is perceived as value store

Last Friday, Supreme Court Justice, Ruth Bader died at the age of 87, after a lifetime of achievements such as being the second female in the US highest court. Ginsburg died and left vacated one of the chairs in the Supreme Court, and now President Trump wants to pick her replacement ASAP. Democrats and presidential candidate Joe Biden oppose this decision in line with the same situation they experienced four years ago when the Republicans opposed Obama’s designation. …


You can use bitcoin to trade Gold on TradeConnect, but do you know enough about the precious metal to get started trading? We take a quick look at 5 tips to trade gold in 2020.

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Gold continues to grow in popularity and has positioned itself as a reliable market for traders concerned about putting their money into often less reliable assets.

For some, Gold has become a hedge against other investments, for others a safe haven which continues to remain resistant to the dramatic swings in value that you see in other more volatile markets. As per crypto markets, successful gold trading is best achieved through a strong understanding of both fundamental and technical analysis.

There are countless ways to trade Gold using bitcoin as your margin collateral and many of these tips will be familiar to crypto traders. Remember, this should not be construed as trading or investment advice. …


The TradeConnect weekly market analysis is now live. Don’t forget to download our IOS app to start trading our global financial markets.

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The TradeConnect Weekly Market Analysis — Sep 13–19, 2020.

Highlights:

  • Dr Fauci predicts world won’t be normal until at least late 2021
  • EU to fight stable coins — More regulation, zero innovation proposed
  • 7-month high in active dev for Ethereum; Signal for more ETH gains?
  • NASDAQ closed its worst week since March; Is the correction near?
  • US Dollar pauses its recovery; EUR/USD on the rise again
  • The US IRS on a mission to break “untraceable” privacy coins; it offers a USD $625K prize
  • The Fed to take baton from the ECB— delivering explanations on stimulus
  • Brexit drama killing everything, incl. British Pound and the UK economy
  • Is gold ready to restart its rally? Experts say…

The TradeConnect weekly market analysis is now live. Don’t forget to download our IOS app to start trading our global financial markets.

HIghlights:

  • BTC defends 10k as it falls lowest since July.
  • ETH jumped to 2-year highs, but fell to 300.00 area.
  • Dollar reclaimed its crown, now on offensive; More gains?
  • Euro’s turn to get pressure as ECB tries to push it down.
  • Stocks experience massive sell-off; Apple, NVIDIA and Tesla down.
  • Australian business confidence to be tested after experiencing its largest quarterly contraction on record.
  • Potential rise in COVID-19 cases in US post Labor Day?
  • Chef Nomi swapped his SUSHI holdings for $10 million worth of ETH.

The Week Ahead: Has the Euro gone too high? The ECB has the answer.

Last week, we asked ourselves about traders’ confidence in the USD rebound. The market was doubtful about the dollar’s ability to stop its losses, but it all changed by the second half of the period. …


Commodity trading is one of the most popular types of trading in the world, however, few really understand the influence that commodities have on the world and the financial market at large.

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A beginner’s guide to commodity trading with crypto on TradeConnect

We are all consumers of commodities and we interact with them almost every single day of our lives, whether it’s in the form of your daily coffee, the gas in your house, the oil in your car, or the gold or silver in your jewelry. However, what you may not have known is that these products are traded in the global financial markets for a profit.

In the latest of our series of beginner guides, we will take a look at what commodity trading is and review the overall fundamentals of the commodity market in order to provide you with a solid beginner level understanding of how you can begin trading commodities using cryptocurrency on the TradeConnect network. …


The TradeConnect weekly market analysis is now live. Don’t forget to download our IOS app to start trading our global financial markets.

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TradeConnect Weekly Market Analysis: Aug 31 —Sep 6, 2020

Highlights

  • Bitcoin keeps 11,200 as a solid floor. Bulls return to altcoins
  • Gold taking advantage of dollar weakness; Another test at 2,000 expected
  • US Dollar on the defensive; market loses confidence in a DXY rebound
  • Experts anticipate EUR/USD at 1.2000 in a volatile week
  • The RBA to leave doors open for additional easing; AUD/USD bullish
  • Nonfarm payrolls and the US employment report to provide much volatility on Friday
  • Stocks keep ignoring bad news due Fed’s liquidity; further highs expected
  • Be aware of profit-taking ahead of the start of September

The week ahead: The story of a weak dollar

Over the next week, the US dollar will be the key player as traders are still digesting the effects of the decision taken by the Federal Reserve (Fed) related to interest rates. …

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TradeConnect

The multi-asset trading network that connects crypto traders with global financial markets using bitcoin and ethereum as collateral.

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