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.
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
Bitcoin price crossed the 30K mark on Binance, with crypto traders showing increasing bullishness. Experts forecast even higher BTC prices leading up to the upcoming halving event, which is a few months away. Institutional adoption, as evidenced by Blackrock, WisdomTree,… Read More »Bitcoin Breaks $30K Amid Bullish Sentiment, Powell Testimony
GBP/USD gained momentum and approached 1.2800 following the release of the UK’s inflation data. The Consumer Price Index (CPI) stood at 8.7% YoY in May, surpassing the market forecast of 8.4%, driven by higher prices in air travel, recreational goods,… Read More »UK’s Core Inflation Rate Soars Over 7%, GBP/USD Climbs
Bitcoin is gradually surging above the $26,500 resistance level and trading above the 100 hourly Simple moving average. On the hourly chart of the BTC/USD pair, there’s a crucial bullish trend line forming with support near $26,600. The pair could… Read More »BTC Price Gain Bullish Momentum: Eyes On Cardano New Version
This week in the FX and stock markets is likely to have less volatility, given the lack of significant data releases, such as the Canadian CPI (inflation) and US Core PCE Price Index. Additionally, it is the final week before the Christmas… Read More »Weekly Forex Forecast: USD, GBP, EUR, CAD, Silver
The Asian stock market is experiencing a positive trend with each economy showing significant gains. The Bank of Japan (BoJ) decided to continue its ultra-dovish interest rate, while China’s big banks announced rate cuts to stimulate capacity expansion and overall… Read More »Asian Stocks Gain Confidence as BOJ, China Cuts Rates
The European Central Bank is leaving no stone unturned in its quest to fight off high inflation. The 22-year high central bank raised borrowing costs by 25 basis points to 3.5% for the eighth consecutive time, with an assurance of… Read More »EUR/USD Soars Above 1.0900 on ECB Rate Hike Announcement
Breaking News: The Fed delivered on market expectations by announcing its decision to maintain the current range of 5-5.25% for the federal funds rate, following their June policy meeting. This decision means no changes for those keeping an eye on… Read More »Federal Reserve Holds Interest Rate Steady at 5-5.25%