Trading with the trend is one of the safest ways of engaging the financial markets and a great strategy for maximizing profits. Many analysts use trend trading strategies as one of their primary approaches to the markets. In addition, before making a trade or issuing a signal, they always confirm which side of the trend they are [...]
The cable pair seems to be under pressure among some reasons in economic conditions and New rules of Britain. This week, British Prime Minister Boris Johnson will set out his plans to manage the COVID-19 pandemic in the winter months, announcing a decision to scrap the introduction of vaccine passports and steps to end some [...]
Fundamental view: Bitcoin fell against the greenback this week. The dip saw Bitcoin’s price drop from above $52k to trade below the $45k region earlier this week. The reasons behind the US dollar support are concerns over the delta virus and the Fed officials plan on tapering the bond purchases. But the Popular cryptocurrency analyst [...]
Fundamental view: Gold traded low against the greenback during the course of the week. Fed speakers throughout the week have referred to the start of the bond tapering assets. St. Louis Fed James Bullard and New York’s Fed John Williams both agreed that the reduction of the QE will begin later in this year whereas [...]
