Zahari Rangelov is an experienced professional Forex trader and trading mentor with knowledge in technical and fundamental analysis, medium-term trading strategies, risk management and diversification. He has been involved in the foreign exchange markets since 2005, when he opened his first live account in 2007. Currently, Zahari is the Head of Sales & Business Development at TraderFactor's London branch. He provides lectures during webinars and seminars for traders on topics such as;Psychology of market participants’ moods, Investments & speculation with different financial instruments and Automated Expert Advisors & signal providers.Zahari’s success lies in his application of research-backed techniques and practices that have helped him become a successful forex trader, a mentor to many traders, and a respected authority figure within the trading community.
Gold price struggles to gather a directional move, fluctuating in a tight channel above $2,030 on Thursday. The benchmark 10-year US Treasury bond yield is attempting to recover gains near 3.9% ahead of US data, but this doesn’t seem to… Read More »Gold Price Regains Traction, EUR/USD Stabilizes Ahead of PCE Price Index Data
The United Kingdom’s Consumer Price Index (CPI) saw an annual increase of 3.9% in November, a decline from October’s 4.6% rise. This figure was lower than the market’s anticipated acceleration of 4.4%. Meanwhile, the Consumer Prices Index including owner occupiers’… Read More »UK November CPI Rises Slower, GBP/USD Drops
Forex financial investment, also known as foreign exchange financial investment, involves the buying and selling of currencies in the global marketplace. As we approach 2024, this form of financial investment is poised to become a major trend in the world… Read More »Why Forex Financial Investment is Becoming Popular
The intricate world of forex trading is filled with various concepts, strategies, and techniques, and understanding what is divergence in forex is a key element to mastering this realm. Divergence refers to the disparity between the price action of a… Read More »What is Divergence in Forex Trading
What are the most volatile forex pairs? In forex trading, volatility is both a challenge and an opportunity. The most volatile currency pairs can provide traders with exciting profit potential due to their significant price movements. However, successfully navigating these… Read More »What Are The Most Volatile Forex Pairs
EUR/USD continues to trade within a narrow range below the 1.1000 level as traders await the release of Euro area business Purchasing Managers’ Index (PMI) data for fresh market direction . The upcoming PMI figures will provide insights into the… Read More »EUR/USD Rises Near 1.1000 Ahead of Eurozone PMIs, BTC Surges
The US experienced a cooling of inflation in November, as reflected by the Consumer Price Index (CPI). The CPI saw a modest 0.1% increase during the month, resulting in a slowdown of the annual rate from 3.2% in October to… Read More »EUR/USD Gains Below 1.0800 After Softer US CPI Data
During the American session, the USD/JPY pair dropped further, hitting a low of 141.65, its lowest level since August. This decline can be attributed to the hawkish comments from Bank of Japan (BoJ) official Ueda, signaling an exit from ultra-loose… Read More »Yen Strengthens on Hawkish BoJ and Weak US Dollar Ahead of Non-Farm Payrolls
U.S. crude oil prices dropped by 4% on Wednesday, reaching their lowest level since late June. The West Texas Intermediate (WTI) contract for January settled at $69.38 a barrel, falling $2.94, while the Brent contract for February declined $2.90 to… Read More »U.S. Crude Declines 4%, Gasoline Prices Hit Lowest Level Ahead of Holiday Season
The GBP/USD pair is currently facing downward pressure as safe-haven demand for the US Dollar continues to soar amidst market volatility. Investors are seeking the US Dollar as a safe-haven asset due to the uncertain market conditions. This increased demand… Read More »Market Updates: Traders Expectations Ahead of JOLTS Data