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Category archives for Market Analysis

For a great start in online trading, plan before!

  • 30 July, 2021
  • 12:30 pm EEST

Some points to consider in your trading strategy: The perfect trader does not require the perfect ingredients. All we know is that there are certain fundamental facts that must be followed in order to be prepared, efficient, and cautious while…

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The NZDUSD is bouncing off a swing bottom ahead of the July lows.

  • 28 July, 2021
  • 7:41 pm EEST

How NZD is acting today , a swing zone exists between 0.6915 and 0.69204.   The NZDUSD has been trending lower for the whole of the London session, aiming for a swing zone between 0.6915 and 0.69204. Buyers appeared near the…

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Forex news for Asia trading on Wednesday 28 July 2021

  • 28 July, 2021
  • 6:46 pm EEST

                     ''Chinese stocks fall in early trade''   Ahead of the Chinese stock market's local opening, there were a series of encouraging media stories asking people not to be negative about…

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Bitcoin has dropped from $40,000 to under $37,000.

  • 27 July, 2021
  • 2:58 pm EEST

Today's major FX rates remained quiet, trading in extremely tiny ranges, with little net change from late US levels. Watching the Olympics appears to be on many people's schedules, especially as they anticipate the Federal Open Market Committee announcement and…

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For the time being, risk is remaining defensive.

  • 27 July, 2021
  • 1:00 pm EEST

China's sour tones weighed on sentiment earlier, but the bleeding has halted now that local markets are closed. As the focus now shifts to European trading and attention returns to the Fed tomorrow, this may be helping to see the…

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