Latest Market News

Equities Bulls Competing With Hawkish Central Bank Comments We’ve seen a mixed start to the week for global equities benchmarks. Against a backdrop of ongoing weakness in the Dollar, most indices were seen trading higher yesterday though gains have since been tempered across the European open on Tuesday. Indeed, the FTSE is seeing decent selling […]

The Pros of Using a Demo Trading Account A demo trading account is a great tool for learning to trade without incurring financial risk. However, it is not a substitute for developing the key qualities needed for success as a trader such as discipline, humility and a calm attitude. Here are some of the main […]

What Is Revenge Trading? Revenge trading is when a trader takes on bigger and riskier trades in an effort to quickly recoup losses from previous trades. It is motivated by a desire to make up for previous losses. This approach is only successful if the subsequent trade results in a profit, but as all traders […]

The imbalance in the policy rhetoric of the Fed and the ECB continues to widen, only this time the ECB is more hawkish, which cannot but prop up EURUSD. After a week of doubts, the pair tried to renew the rally pushing through the 1.09 level. However, later during the London session, the dollar began […]

Bitcoin broke the level of 22500. Currently, it remains flat before the next jump. So far, this asset is likely to hit the level of 25000. Next, Bitcoin might pull back from this level and undergo a large-scale correction. The asset could potentially gain the required support at the level of 21000 and jump. The […]

EURUSD, “Euro vs US Dollar” On H4, the quotes are in the overbought area. The RSI is also nearing the overbought area. As a result, a downward breakaway of +1/8 (1.0864) should be expected, from where the price might fall to the support level of 8/8 (1.0741). The scenario can be cancelled by rising over […]