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 RBAs Board of Directors voted today to raise the cash rate target by 25 basis points to 2.85 percent. The interest rate on Exchange Settlement balances was also raised by 25 basis points to 2.75 percent. The increase is… Read More »RBA Raises Cash Rate to 2.85% for Inflation
Japanese Yen signals the end of the Bank of Japan’s dovish stance. The intervention is still a fluctuating threat to the USD/JPY in the future. All eyes focus on the BoJ’s and the Fed’s preferred inflation gauge. BoJ’s Balancing Act… Read More »BoJ Balances Yen Protection and Dovish Policy
Peak earnings season for the third quarter begins this week when most major publicly traded corporations are scheduled to report results on a global scale. Mr. Musk’s $44 billion deal to take over Twitter is set to close no later… Read More »Trending After-Hours Stocks: Twitter, Discover, Qualtrics
As Treasury yields climbed further, risk on assets, including US stock indexes and cryptocurrency markets, remained volatile. With BTC and ETH trading at the $19,000 and $1,300 levels, the total market capitalization of the cryptocurrency industry remained below the $1… Read More »US Stocks, Crypto Dip, Treasury Yields Rise Amid Dollar
The bears are now better positioned for this week’s $510 million BTC options expiry, but their overconfidence may allow the bulls to turn the tables. For the past 35 days, Bitcoin has been attempting to break through the $20,500 resistance;… Read More »Bitcoin May Reach $21K as Regulators Boost Trading
A weak start to the week for the US dollar is primarily due to the prolonged recovery rally in the GBP/USD pair caused by UK political unpredictability. The safe-haven dollar dismisses investors’ concerns about China reiterating its zero-Covid policy, obstinate… Read More »Forex Outlook: DXY, GBP/USD, EUR/USD, USD/JPY
Briefs The trading volume for Bitcoin (BTC) is declining and is currently below its 20-day moving average, indicating a drop in activity. Additionally, the trend suggests that markets will stay in a range for the foreseeable future. BTC tested $19,150… Read More »Bitcoin, Stock Futures Up Before Key CPI Data & G20 Meeting
KEY POINTS In the wake of recent comments by Bank Of England Governor Mark Carney, who said he is ready to take action against an economic crisis and would do so without hesitation if needed; stocks took a dive in… Read More »Markets Wrap: Stocks Sink on BOE, IMF Warning
Briefs Bitcoin (BTC) was able to hold its price above $20,000 overnight as risk appetite seemed to increase. The largest cryptocurrency in the world by market value increased by about 1% today. After the major indexes recorded their largest two-day… Read More »Bitcoin Miantains Above $20K, US Futures Drop, XAU Pauses
The month of October starts with earnings reports from several companies. This comes in the same week investors and economic analysts await crucial numbers from economic policies officials in the US, Canada, and Australia. But first, here are the earnings… Read More »Constellation Brands Leads October Earnings Reports