A funny fact of trading is that you can choose two different traders and give them the exact same chart and also the same trading pattern, You will be surprised to get very different results. All the things being equal such as knowledge, experience and access to information, then why do 2 different traders behave differently [...]
Japanese Nikkei declined against the US dollar during the Asian session Tuesday. This move can be related to the firmer US Treasury yields and the risk-off market mood. The US Treasury yields posted 2.3 basis points (bps) of an upside to 1.42% after declining to the monthly lows. On the other hand, Japanese policymakers are [...]
Aussie traded downside against the greenback on Monday. The drop can be linked to multiple catalysts - Omicron fear creating sour sentiment in the market, People’s Bank of China’s (PBOC) surprise rate cut and Slump of the Magellan Financial Group to its worst session on losing a major client. Growing fears on the omicron virus [...]
Fundamental view: Bitcoin traded high at the beginning but later turned downside against the greenback during the trading course of the week. Inflation concerns and fear about the future of the global economy continue to put weigh on Bitcoin prices, and currently, the Crypto Fear & Greed Index is solidly in the “fear” zone where [...]
