Cryptocurrency is a type of ”digital asset” or ”digital currency” generated by various encryption techniques. Cryptocurrencies are not regulated or managed by any financial authorities, or bank, in the same way as traditional currencies are. It is mostly self-regulated and users within associated networks providing the verification that enables transactions to occur. The digital coin [...]
The London breakout trading strategy is used to trade the London Forex session during the first few hrs (1-3 hrs) when the Forex market opens in London. The London trading session is the biggest Forex market mover as much of the trading volume for currency trading is during this session. Breakout of last 3 hours of [...]
Fundamental view: US Durable Goods Orders monthly report on 27th, Australia Trimmed Mean CPI quarterly report on 28th and US Goods Trade Balance on 29th created a bearish move for the pair whereas US S&P/CS Composite-20 HPI yearly report on 28th and Australia Import Prices quarterly report on 29th made a bullish move for the [...]
Fundamental view: Fed Announcement at Jul 28 and US CB Consumer Confidence at Jul 28 and EU Prelim Flash GDP at Jul 31 pushed for a bearish trend for the pair whereas German Buba Monthly Report at Jul 27 and US Advance GDP quarterly report at Jul 30 supported Euro and created a bullish trend [...]
