The market is saying from those failures, “I am unsure of the next major move”. Putting it a different way, the sellers had their chance to break and take it lower and they chickened out. The buyers had their chance to take the price higher and they chickened out. That is what the price action says. So we sit …
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While global money management may remain an issue, with significant fees attached, people have been trading in international currency for some time. Platforms such as IG enable global currency trading through numerous features, including a stop limit sell order example. A stop order is when the …
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Bitcoin is trading below $8000 and Ethereum below $500. Moreover, confidence was dented earlier this week as payment processor LitePay ceased operations, with Litecoin creator Charlie Lee having to apologise and vowing to âdo better due diligence in the futureâ. Litecoin has since declined to $120 …
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EUR/USD was trading around 0.3% lower moving into the announcement at $1.2370. Following the dropping of the easing bias, the single currency soared, hitting a peak of $1.2446. However, through the course of the distinctly dovish press conference EUR/USD pared gains. With the help of upbeat …
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