News

Oct 27
Australian dollar paused. Overview for 27.10.2022

The Australian dollar against its US colleague has stabilised after a wave of growth. The current quote is 0.6473. The Reserve Bank of Australia doubts the economic perspectives due to high inflation. In a tweet posted yesterday, the RBA still expresses its resignation to keep lifting the interest rate until inflation is brought to order. […]

Oct 27
Euro is hoping for ECB. Overview for 27.10.2022

EURUSD is above parity, waiting for decisive steps of the ECB. On Thursday, the market major continues its advance. The current quote is 1.0070. The main reason for the optimism of the EUR is rooted in the hope that the meeting of the European Central Bank scheduled for today will end up in some bright […]

Oct 27
Trading Psychology: Control Your Emotions While Trading

Trading Psychology: Control Your Emotions While Trading What is trading psychology? Trading psychology influences the market behavior which in turn affects your trading performance. Aside from the technical aspects like entries, risk management etc, the most important thing is your psychology when trading. Although, you might be an experienced trader with good knowledge and trading […]

Oct 27
Murrey Math Lines 26.10.2022 (USDJPY, USDCAD)

USDJPY, “US Dollar vs Japanese Yen” On H4, the quotes are above the 200-day Moving Average, indicating an uptrend. The RSI has bounced off the support level. Currently, the pair is expected to rise over 7/8 (148.43) and to reach the resistance level of 8/8 (150.00). The scenario can be cancelled by a downward breakaway […]

Oct 27
Why is Bitcoin price up today?

Bitcoin price is up today, and a marketwide rally in crypto prices suggests that Bitcoin (BTC) and Ether (ETH) could be aiming to wrap up the month of October in the black. As of Oct. 26, most major cryptocurrencies are posting single-digit gains. Bitcoin recorded a 5.15% price increase over the previous 24 hours and […]

Oct 26
Japanese Candlesticks Analysis 26.10.2022 (XAUUSD, NZDUSD, GBPUSD)

XAUUSD, “Gold vs US Dollar” At the support level, gold has formed a Hammer reversal pattern. Going by the signal, the pair is forming a correctional wave. The goal of growth will be 1675.50. After a test of the resistance level, the pair might bounce off it and continue the downtrend. However, the quotes may […]