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.
HIGHLIGHTS As the dollar increased and bond yields decreased, gold prices climbed slightly as investors evaluated US-China tensions and the Federal Reserve’s apparent shift to hawkish policy. Despite the current geopolitical risks, gold has been receiving some haven support. Although… Read More »Price of Gold Climb as XAU/USD Crosses Trendline to NFP
According to the US Census Bureau, Retail Sales in the US increase by 0.2% in June, reaching $689.5 billion. This is a revision from the originally reported 0.3% increase in May, which has now been revised higher to 0.5%. Retail… Read More »Retail Sales Increase But Miss Expectations
Get the latest comparison of the best laptops for forex trading. Learn about features, prices, and performance. Find the best laptop for your forex trading needs now. Compare the Best Laptops for Forex Trading in 2023 Are you an aspiring… Read More »Compare the Best Laptops for Forex Trading in 2023
Thursday witnessed the continuation of stocks’ rally, driven by new data revealing a cooling inflation rate and the start of earnings season. The S&P 500 index experienced a 0.5% uptick, while the Dow Jones Industrial Average 0.3%. The tech-heavy Nasdaq… Read More »Stocks Surge on Declining Inflation, Earning Season Looms
Given the ongoing pressure on the US Dollar, investors keenly await the approaching FOMC meeting for any indicators about the future of interest rates. The EUR/USD pair has skyrocketed to its highest point since March 2022, breezing past that significant mark of… Read More »Inflation Eases, Dollar Dips, EUR/USD Tops 1.1100, BOC Hike
📈 European stock markets decline due to economic slowdown and rising interest rates📊 EUR/USD pair gains strength during early European trading, setting sights on 1.0900✔️ Upbeat employment data fuels rate hike expectations, resulting in selling pressure in US equities⚡️ US… Read More »Markets Caution Builds Ahead of Key Nonfarm Payrolls Report
An imbalance in Forex occurs when there is a disproportionate supply and demand for a currency pair, leading to significant price movements. Traders keen on capitalizing on these movements analyze imbalances to predict potential market reversals or continuations. Recognizing these… Read More »Forex Market Imbalance and How to Use It
EUR/USD continues to trade in negative territory below 1.0850, as Eurozone inflation data shows a decline in annual HICP inflation. This makes it challenging for the Euro to gain demand. Attention now turns to the US PCE inflation report. Technical… Read More »EUR/USD Fights Crucial Level Post Eurozone Inflation Figures
High-ranking officials including Powell, Lagarde, Bailey, and Ueda discuss key issues in global banking at prestigious event. Takeaways: 📈 Ueda highlights potential valuation losses for regional Japanese banks. 📊 Lagarde reveals plans for operational framework review within the next 6-9… Read More »Top Central Bank Leaders Share Insights at 2023 ECB Forum
📈 Discover the latest in currency trends with our expert analysis. ⚖️ From the Australian Dollar’s recent turmoil to the British Pound’s struggles amid fears of recession, find out what’s happening and what to expect in the coming weeks. 📊… Read More »EUR/USD Struggle Amid Gloomy German Data, ECB Forum in Focus