Zahari Rangelov - Head of Business Development, TraderFactor. Zahari specializes in broker analysis, regulatory research, and trading education. He has over a decade of experience helping traders navigate the complex world of online brokers. His expertise spans technical and fundamental analysis, medium-term trading strategies, risk management, and trading psychology. A respected mentor and speaker, Zahari regularly leads webinars and seminars covering market sentiment, speculative instruments, and automated trading systems. His research-backed, practical approach has established him as a trusted authority within the global trading community
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
The EUR/USD pair attempted a comeback on Friday, recovering from a recent slump caused by weaker Eurozone inflation data. Track all markets on TradingView The Eurozone Harmonised Index of Consumer Prices (HICP) decelerated more than expected in November, causing traders… Read More »EUR/USD Pair Attempts A Comeback Ahead of Powell Speech
As the forex market gears up for another eventful week, traders are paying close attention to a range of economic events and speeches that have the potential to sway currency values. Here are the key highlights and their potential implications… Read More »Week Ahead: U.S. PCE Index, Lagarde and Powell Speeches
The Australian Dollar (AUD) has been facing some headwinds due to the recent Federal Open Market Committee (FOMC) minutes, which reflected a modestly hawkish tone. The minutes unveiled that FOMC members agreed on maintaining a restrictive monetary policy until there… Read More »AUD/USD Finds Support After RBA Minutes: EUR/USD Gains Strength After Lagarde Comments
As the Bank of England Governor Andrew Bailey testifies, the GBP/USD continues its bullish trend and edges towards 1.2550 in Tuesday’s European trading session. The Pound Sterling is buoyed by the hawkish remarks from Bailey and other BoE policymakers before… Read More »Impact on GBP/USD as BoE Signals More Rate Hikes: EUR/USD Maintains Gains Near 1.0950 Ahead of FOMC
Forex order blocks are pivotal elements in trading that represent areas where financial institutions have placed significant buy or sell orders. These blocks are crucial for identifying potential market reversals and trends, providing traders with insights into the actions of… Read More »Unlocking the Power of Order Block in Forex Trading
The Euro to US Dollar (EUR/USD) exchange rate is experiencing a dip below 1.0850 in the early European trading hours this Friday due to an increased demand for the US Dollar. This is despite a sluggish performance from US Treasury… Read More »USD Struggles Amid Risk Aversion, BTC Loses Steam
Key Statistics – Trend Terms (October 2023) Indicator Value Unemployment Rate 3.7% Participation Rate 66.8% Employment 14,145,400 Employment to Population Ratio 64.4% Underemployment Rate 6.4% Monthly Hours Worked 1,937 million hours Key Statistics – Seasonally Adjusted Terms (October 2023) Indicator… Read More »AUD/USD Holds Steady Amid Mixed Economic Indicators
Despite closing the fourth consecutive day in the red, the GBP/USD pair is making a stubborn stand slightly north of the 1.2200 mark as we enter the weekend. The pair’s resilience stems from the UK’s Q3 GDP expansion at an… Read More »GBP/USD Pair’s Resilience Amid Economic Tug of War
