Foreign Exchange

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 […]

With the US Dollar Index trading at a multi-year high and the EURUSD currency pair now at parity, some question how much further the greenback can rise. We’ll consider the fundamental, technical and political factors that could shape the future direction of exchange rates. Fundamental factors Factors that could strengthen the Dollar In the near […]

Summary: The big upgrade to Ethereum — a.k.a. “The Merge” — is planned to be a once-in-a-lifetime switch from Proof of Work to Proof of Stake, making Ethereum more energy-efficient and potentially much more valuable. Three ways to invest now: buy ETH, stake ETH, or invest in the top staking companies. Windows 95 was a huge […]

Ethereum – ETH price (COIN:ETHUSD) is a huge bear market, which has started since 2021, and would continue till 2024. The best line of action to follow here is to sell and sell short. 4 EMAs are used for this analysis and they EMAs 10, 20, 50, and 200. The color that stands for each […]

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 […]

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 […]