April 21 2023 🕓 3 min
Silver falls below $25 despite record demand data
Silver could continue heading lower as investors are taking profits from the recent massive rally. A strong correction can also spark a strong raise.
Tag: trading
April 21 2023 🕓 3 min
DAX drops below rising wedge pattern – will bears take charge?
It looks like the recent bullish momentum has run out of steam, likely leading to profit-taking and a correction in the next few days.
April 21 2023 🕓 4 min
GBP/JPY tests short-term support – will bulls defend the uptrend?
The negative sentiment dragged the risk-sensitive GBP/JPY cross lower today, with bulls trying to defend meaningful short-term support.
April 20 2023 🕓 3 min
EUR/GBP ignores recent data dump – sideways trading continues
The lull will likely continue in the EUR/GBP cross until the price breaks from the multi-month sideways trading range.
April 19 2023 🕓 3 min
GBP/USD stays near cycle highs after UK inflation data
Inflation is not slowing as fast as expected, putting pressure on the Bank of England to continue raising rates.
April 19 2023 🕓 3 min
Nikkei faces major resistance – bulls remain in charge
The global bull market in stocks is also evident in Japan as the stock index climbed toward multi-month highs.
April 18 2023 🕓 3 min
FTSE continues in vertical rally, eyes all-time highs
The bull market in UK stocks remains alive as investors continue bidding equities, sending the index back near its record highs.
April 17 2023 🕓 4 min
Big banks navigated the banking crisis without any problems
Last week, JPMorgan Chase, Citigroup, and Wells Fargo all reported better than expected first-quarter earnings.
April 17 2023 🕓 3 min
Dollar index defends previous lows – double bottom formation in play?
If the technical setup is any indication of future's trading, we could see a stronger US dollar rally over the next days.
April 16 2023 🕓 5 min
Can you day trade crypto? Sure, but think about the risks first!
Day trading crypto= high-risk, high-reward. Discover the benefits, risks, and strategies to succeed in this volatile market.
April 16 2023 🕓 6 min
How to identify forex scam
This article has discussed the best ways to defend yourself from forex scams. How can you avoid them?
April 15 2023 🕓 5 min
What are derivatives?
This article discusses the meaning of derivatives in finance, their advantages and disadvantages, why individuals use derivatives, and how they function.