Foreign Exchange

As expected,  ECB officials pointed to a possible interest rate hike of 0.25% in July and a further tightening in September.  On the inflation side, they expect a figure of around 6.8% in 2022, 3.5% in 2023, and 2.1% in 2024. The report cites the conflict in Ukraine as the main reason for the deteriorating […]

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, […]

Lucky Block (LBLOCK)’s highly-anticipated $1 million jackpot is only a few hours away. At press time, the LBLOCK jackpot and NFT winner will be announced in 35 hours, according to data from the network’s website. Apart from the $1 million jackpot up for grabs, Lucky Block is also giving away another $1 million in its NFT […]

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 […]

DeFi Coin (DEFC) surged by over 175% last Wednesday alone, as the price rallied to $0.23 on Bitmart. On that day, the DeFi token jumped from a daily low of $0.08 to tap a high of $0.25, a jaw-dropping 300% single-day move. That said, DEFC did not stop there. Instead, the cryptocurrency surged by another 124% […]

Bitcoin has been authorized as the official currency in the Central African Republic. CAR ranks as one of the most impoverished nations in the globe, while the nation is blessed with natural resources such as Uranium, Diamond, and yellow metal (Gold). CAR has been ravaged by clashes between Muslim rebels and militia formed for defensive […]

GBP/USD price analysis, April 27, 2022 As at the time of writing this analysis, the price action is on a downtrend of 1.28321. It is quite a struggle between GBP/USD and the bear is having the upper hand over the bull. From the look of things, the price action is beginning to perform slightly below […]

AUDUSD Price Analysis – March 30 The breaking up of $0.755 level by the bulls may push the price to test the resistance level of $0.763 and $0.770. Failure to break up the $0.755 level may lead to price reversal movement towards the support level of $0.745, $0.731 and $0.717. AUD/USD Market Key levels: Resistance […]