Euro News

During the opening hours of the European trading period today, EUR/USD ranged sideways. This happened as investors were cautious of placing huge bets before the crucial United States’ employment data. Also, yesterday the United States dollar gained some stamina due to the risk avoidance sentiment in the market. The hawkish comments by the Federal Reserve […]

The USD falls further downwards from a twenty years height during the previous week. However, this has become a major factor initiating the move toward the USD-based commodity. The BoE’s eagerness to purchase around five billion pounds of long-dated gilts pulls the United States bond yield from its many years top and keeps burdening the […]

A report coming from ABC Australia has is that a key investment bank is on the edge, giving ‘a reliable source’. Most are referring to Credit Suisse. This institution was involved in Archego’s calamity, and ever since then, the value of their share fell from $14.90 to $3.90. Also, the credit default exchanges are at […]

A TRUTH ABOUT TRADING A couple of things in life that I really don’t look forward to are: 1. when they draw blood for my semi-annual health checkup and 2. when I have to go to the doctor. Yet, when I think about it, not going could be a lot worse than going. I don’t […]

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 […]