News and Blogs

18 July 2024
Current Dynamics and Predictions in the Cryptocurrency Market: Key Trends and Influences

Bitcoin is currently valued at around $64,000, having experienced a slight dip from recent peaks. Altcoins are showing mixed results, with some appreciating in value while others decline.

17 July 2024
Gold Surges to Record High Amid Fed Easing Speculations and Global Economic Shifts

Gold has skyrocketed to a record high of $2,482 per ounce, driven by mounting hopes for a U.S. interest rate cut in September.

16 July 2024
Understanding the Role of Macroeconomic Indicators in Trading

Macroeconomic indicators are statistical measures that provide insights into the overall health and performance of an economy.

15 July 2024
Weekly Financial Market Analysis: Key Highlights and Outlook

The past week in the global financial markets was marked by a confluence of economic indicators, geopolitical events, and central bank activities.

12 July 2024
US CPI Plunge Ignites Fed Rate Cut Speculation: Markets React

The latest US Consumer Price Index (CPI) report revealed a surprising drop in inflation, with the June CPI decreasing by 0.1% month-on-month, marking the first decline in four years.

11 July 2024
Pros and Cons of Using RSI, MACD, and Stochastic Oscillator for Detecting Market Reversals

Technical indicators like the Relative Strength Index (RSI), Moving Average Convergence Divergence (MACD), and Stochastic Oscillator are essential tools in a trader's arsenal.

10 July 2024
Mastering Trader Psychology: Strategies for Resilient and Disciplined Trading

The psychological landscape of traders is a pivotal element in evaluating trends and countertrends.

09 July 2024
Oil Prices Dip Amid Reduced Impact of Hurricane Beryl and Easing Geopolitical Concerns

Oil prices experienced a decline on Tuesday, primarily due to the reduced impact of Hurricane Beryl on U.S. oil infrastructure.

08 July 2024
The Week Ahead: Navigating Key Political Events, Economic Data, and Market Volatility

As we venture into the 2nd week of July, the global financial landscape is poised for significant shifts, driven by critical political events, key economic data releases, and impactful speeches from central bank leaders.

05 July 2024
Assessing Market Strength through Divergence of Technical Indicators

Technical analysis provides traders with valuable tools to gauge market sentiment and potential trend reversals. One powerful technique is analyzing divergence between price action and technical indicators.