2023

What is Stock Trading? When a stock is bought, it represents partial ownership of a publicly traded company. So, basically it means you own a part of that company. The basis of trading stocks is buying at a low price and selling at a price…
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For over a month now, the EURUSD has been trending higher, thanks in large part to a weaker dollar. With both the Fed and the ECB shifting to a holding pattern from a hiking bias, it appears that a new situation is developing. Do the…
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GBPUSD consolidates gains Cable fell after the UK’s inflation slowed down to its lowest pace in two years. The recent high of 1.2430 was a support-turned-resistance from the daily chart and a surge above this ceiling might have opened…
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The USDJPY is back in the 150 range, after a dramatic reversal from where it nearly touched the 150 handle. But it wasn't thanks to anything the BOJ or Japanese authorities did. It's just that the dollar got weaker even faster, thanks to US…
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EURUSD shoots higher The US dollar plunged after a further slowdown in the pace of inflation in October. The pair had previously secured a solid holding above 1.0660 which sits at the confluence of the 20-day SMA and the base of the…
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All eyes in the cable trading space will be on the release of UK inflation figures to be released tomorrow. After the latest employment data, there has been renewed focus on the outlook for price changes. The BOE is one of the few major…
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USDCHF awaits breakout The US dollar holds steady as traders brace for the October inflation reading. On the daily chart, the price seems to be in a triangle consolidation between 0.8900 and 0.9230. The narrowing range is a sign of…
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