Topline: Mario Draghi is finishing his eight-year term at the European Central Bank toward the month’s end. Nonetheless, his choices generally have set off an uncommon fragility inside the institution. Experts are of the premonition that Draghi will consistently be associated with his “whatever it takes” discourse. His policy will conform to three words — […]
AUDUSD Price Analysis – October 24 The Australian dollar is trading past the prior day’s range, and its current price has decisively moved beyond the previous day’s low in an active session. Its recent downside momentum is as a result of a halt at its advance above the horizontal level at 0.6882, and that may […]
GBPJPY Price Analysis – October 23 The FX pair’s upward advance is solidified after the break of the horizontal level at 140.07 with the high in the prior session reaching the level at 141.12 before breaking below. The low in the present session had reached the level of 139.08. Key Levels Resistance Level: 148.66, 146.57, […]
A day trader is one who conducts multiple trades in a day to make a profit. This kind of trader is different from HODLers. A quick example is this, if you (as a day trader) buy a crypto coin, your goal will be to sell that holding before the day runs out for profit. These […]
With space and tickets running low the time to reserve your seat for London Summit 2019 is now! London Summit 2019 is right around the corner, and it’s time to see what is in store for attendees with a freshly released agenda. Held at the Old Billingsgate on November 12-13, the event looks to offer […]
USDCHF Price Analysis – October 22 In the prior session, the USDCHF currency pair attempted to breach the short-term horizontal zone on the level at 0.9843. During today’s morning, the pair is testing the upper horizontal level formed above the MA 5 and 13 on the level at 0.9892. Key Levels Resistance Levels: 1.0126, 1.0027, […]
The U.S dollar was trading at its lowest period from January 2018 on Monday as discontinuous influxes of positive fundamentals on Brexit gave a boost to the pound to a multi-month high and helped the euro stay abreast of its challenges in October. Albeit Prime Minister Boris Johnson during the weekend was constrained by his […]
GBPUSD Price Analysis – October 20 The GBPUSD had closed on Friday above its opening price after recovering from early selling pressure and trending higher for the 4th day consecutively in a row. After failing to reverse from its highs, the FX pair is unstable and due to weekend UK parliament vote on Brexit, with […]
AUDUSD Price Analysis – October 17 The AUDUSD price is now moving towards a test of the key near-term resistance region around the level at 0.6860, after recovering from the low level at 0.6723 in the prior session. The exchange rate might continue to edge higher until it reaches the formed barrier on the horizontal […]
