Currency

EUR/USD lost its footing and has fallen under the 1.000 price level during the early hours of today (Thursday). The short-term outlook reveals that this price decline is due to a lack of buyers. Nevertheless, the United States October CPI data will soon give a new direction to the pair. The risk avoidance situation helped […]

GBP/USD oscillates near the mid-1.1500s, this happened while the 4 days uptrend as buyers and sellers struggles during early Wednesday. The pair’s past gains can be related to the wide USD lack of upside momentum. The BOE Economist Huw Pill pointed out recession worries during panel discussion. He as well included that the Bank of […]

Gold appears to be putting an end to its downtrend. This is happening as the subdued United States Treasury yield provided some assistance. The United States Dollar rebounds strongly during a cautious market sentiment on Mid-term Election Day. Gold bulls stay optimistic as strong support lies at the $1,660 price level. XAU/USD price recently obtained […]

EUR/USD was bought and sold near the 0.9920 price level during the opening of this week, following its closing at the 0.9965 price level three days ago (Friday). The money market commenced the week on a poor note during lukewarm Chinese data. Consequently, this indicates more economic regression in October. This can be seen as […]

The new UK government gave a boost to sterling, GBP/USD rallied to the main resistance line on the chart below.  This followed a steep decline when the budget was announced in September.  Markets don’t move in a straight line but they tend to folow the same path.  The path for GBP/USD is down, I believe […]

“Illusions are something pleasant. The disadvantage is that they tend to burst like a bubble.” – Wolfgang Kurz There are many Internet fraudsters and scammers out there whose primary aim is to turn you into a dupe. They will do everything possible to convince you that their claims are genuine. This includes fake websites and/or fake […]

Successful traders may differ in their trading strategy, but they do have one thing in common. Pro traders have learned to manage key emotions that affect their results. Here’s how you can do the same. Finding and properly following a proven trading strategy is one of the most important steps to becoming a successful stock […]

GBP/USD is being defensive as it is being bought and sold above the price level of 1.1300. Furthermore, the pair continues making attempts to reach higher footholds. Also, talks about the United Kingdom PM Truss’ tax reduction plan and the return of Kwartang to London puts buyers and sellers on the edge. Additionally, the milder […]

To be able to do business within Russia and outside Russia, business organizations are now employing cryptocurrency to bypass the trade restriction placed on them by the European Union. Russia now has no other choice than to adopt the use of crypto even though they have had no conventional regulatory principle guiding the use of […]

  A good understanding of the types of crypto Assets will help us to identify the uses, characteristics and similarities of the types of assets under certain different circumstances.The major crypto assets are divided by CoinDesk’s Digital Asset Classification Standard into a few helpful categories and these categories are discussed below: Cryptocurrency Cryptocurrency refers to […]