Currency Names and Symbols As you may have noticed, the symbols (abbreviations) for all currencies have three letters. The first two letters denote the name of the country and third letter stands for the

What is Forex? What is forex? Why trade forex? The foreign exchange market – or forex for short – is the buying and selling of currencies, and it’s one of the fastest growing markets in the world. From

BTCUSD currently at $3609 just bounced off of the 50% Fibonacci retracement level, a level both feared and respected by so many traders, and since Bitcoin primarily behaves like a commodity given that

George Soros, the billionaire chairman of Soros Fund Management, LLC, has long been opposed to President Donald Trump, making his views clear at a number of public speeches and engagements. According to

Apple Inc.’s iPhone 8 and iPhone 8 Plus are off to a sluggish start with shorter-than-expected lines in Asia as the two new devices hit store shelves. But what appears to be a negative for the Cupertino,

Bitcoin prices slide below near-term support- Decline to offer favorable long-entries Technical Outlook: Last week we noted a break below the monthly opening-range lows in Bitcoin prices with the decline

GBP/CAD today reversed down from the resistance zone lying between the pivotal resistance level 1.6710 (which reversed the previous waves (2) and 3, as can be seen from the daily GBP/CAD chart below),

CAD/CHF continues to rise inside minor impulse wave (v), which started earlier from the powerful support level 0.7790 (former key resistance level which stopped the earlier minor impulse wave 1 at the

USD/CHF continues to fall after the earlier downward reversal from the resistance zone lying between the pivotal resistance level 0.9750 (which has been steadily reversing the price from June, as can be

EUR/USD recently reversed up from the support area lying at the intersection of the key support level 1.1840 (which has been reversing the price from the end of August), lower daily Bollinger Band, 50%

What’s inside: • Silver furthers weakness on channel break below confluence of support • Gold treading precariously around April/June double-top, August consolidation period • Key levels and considerations

We started out today where often have lately, by looking at the US Dollar Index (DXY) and whether it could be putting in a bottoming sequence around a very pivotal big-picture spot. It will need to turn

Talking Points: Currency markets flared with a brief dose of excitement this week as a quick blip of USD-strength showed around the FOMC rate decision. But that strength was fleeting, and sellers have

Talking Points GBP/USD slipped back then recovered in Europe Friday as UK Prime Minister Theresa May delivered a long-awaited speech on Brexit in Florence in which she emphasised that the UK will cease