Euro News

Scancell Holdings Plc stock (LSE:SCLP) has shown a clear willingness to break the resistance zone at 14.00, and after that will skyrocket. This is good news for investors. In the short-term, the EMA 21 is sloping upwards and price is making effort to remain above it. There is an immediate resistance level at 14.00, which […]

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 […]

GBP/USD struggled to climb to a positive area higher than 1.1050 during the European Session today (Today). This happened following the pairs testing the price level of 1.1000 during the session. Also, the short-term perspective of the pair portrays that it may increase its correction if it should to break the 1.1140 ceilings. However, the […]

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 […]