Euro News

Russia is progressing with its plan of bypassing penalties. Vice Finance Minister Alexy Mioseyev revealed today that the nation is trying to experiment with stablecoins as a means of payment ally nations. This news quoted Mioseyev saying that Russia is taking steps to develop a bilateral platform with tokenized assets like the Tether USDT and […]

Lloyds Banking Group Plc shares (LSE:LLOY) are weak, and the weakness has been going on for several months. From February 2022 until the present, any rallies in this market are simply opportunities to sell at higher prices. The ADX period 14 is above level 20, going towards level 30. This means the momentum in the […]

Not everyone will be happy for you. The tall poppy syndrome is alive and well. Be careful who you share your dreams with, especially early on in your trading career. A dream is the most fragile when it is first birthed. Trading sounds glamourous, but it isn’t. The best traders follow the same routines day […]

Standard Chartered stock (LSE:STAN) is an example of a strong, bullish market. Against all odds, price has been engaged in consistent bullish movements, since May 2022. The stock was also bullish in January and February 2022; while march and April saw flat movements. 4 EMAs are used for this analysis and they are EMAs 10, […]

Looking at the daily chart of the 9-day moving average, we see the price action performing above the moving average curve. However, EUR/USD continues to struggle at $1.0700. At this point, there is a strong battle between buyers and sellers for market control. The up trending in the market may be due to inflation in […]

3 MANDATORY INGREDIENTS FOR PERMANENT TRADING SUCCESS “Stop trying to force trades with strategies that don’t work for you. Instead, enjoy the freedom of executing trades that fit your psychology and that help you reach your financial objectives.” – VTI In case you didn’t know, trading is the second most difficult job in the world. The […]

Inflation would be the greatest thing to happen to me. I selfishly want the government to spend as much money as possible. “You can’t print money forever!” everyone is shouting.Yes you can. And they will. They’ve been printing money for decades, and only now it’s making the headlines. The reason I am selfishly supportive of […]

Hsbc Holdings Plc shares (LSE:HSBA) are essentially bullish, though the current high is lower than the previous high above 550.00 that was seen in February 2022. That height of 550.00 would also be breached soon. The trend in the market is generally upbeat, in spite of the swing lows in the chart. Right now, price […]

EURJPY Annual Forecast – Price Is Set to Scale New Heights With a Bullish Flag Formation The annual forecast for EURJPY is for it to scale new heights, having conformed to a bullish flag formation. The bullish flag formation, an offshoot of the triangle pattern, began towards the tail end of 2020 as bulls began […]

EURUSD Price Analysis – November 24 Throughout the session, the EURUSD pair remained on the losing side and was last seen moving with considerable losses around the 1.1250-36 level. The announcement that the White House has opted to reappoint incumbent Fed Chair Jerome Powell for a second term sparked the recent strong dip. The spot is trading […]