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
Date Event Impact on Currency Market Jan 30, 2024 Australia Retail Sales MoM Potential strengthening of Australian dollar against USD USA CB Consumer Confidence and JOLTS Job Positive impact on USD and major currency pairs like EUR/USD, USD/JPY, and GBP/USD… Read More »Market Overview Ahead of JOLTS, FOMC and BOE’s Rate Statement
Imagine you’re a seasoned forex scalper, and you’ve just experienced a significant loss due to an unexpected market shift. You feel like you’ve been knocked off your feet, questioning where you went wrong. Such situations are common in the high-speed,… Read More »Top 8 Risk Management Practices in Forex Scalping
You might not be aware, but the forex market is like a pulsating beast, constantly moving and changing, and it’s the trader’s job to tame it. If you’re looking to get your feet wet in the world of forex trading,… Read More »Top 5 Effective Forex Scalping Strategies
In the world of foreign exchange (Forex) trading, there are as many strategies as there are traders. Among these, Forex scalping stands out as a popular technique used by traders looking to make quick profits by entering and exiting the… Read More »Quick Profits With Forex Scalping: A Practical Strategy
EUR/USD Slips Amidst Escalating Risk Aversion Track all markets on TradingView A Cautious Mood Prevails In the European trading hours of Friday morning, the EUR/USD exchange rate succumbed to bearish forces, tumbling to a five-week low, dipping below the 1.0850… Read More »Pound and Yen Struggle as Traders Eye Crucial PCE Price Data, Bitcoin Fights for Recovery
The EUR/USD pair is hovering around 1.0850, striving to recover from recent losses as it trades slightly higher in the Asian session on Wednesday. Despite negative consumer confidence data from the EU on Tuesday, the Euro is under pressure with… Read More »EUR/USD Struggles Ahead of Eurozone PMIs, AUD/USD Attempts Recovery
This week is packed with key economic events that could cause significant movements in various currency pairs. Traders should brace themselves for a potentially volatile week in the markets. Summary Table: Key Events to Watch Date Event Impact Tuesday, January… Read More »Busy Week Ahead for Traders: Key Events to Watch
Forex trading, or the trading of currencies on the foreign exchange market, has emerged as a lucrative investment opportunity for individuals worldwide. With its accessibility and potential for significant returns, it has gained immense popularity in recent years. As you… Read More »Can Forex Really Make Money
The Australian Dollar (AUD) has recovered some of its losses against the US Dollar (USD), largely due to a weaker dollar. However, the overall downtrend is still intact. The mixed data coming out of Australia is now shifting focus to… Read More »Traders Await US Housing and Employment Data as AUD/USD Stays Steady Above 0.6550
The GBP/USD currency pair is currently grappling with substantial selling pressure, remaining around the 1.2650 mark. This trend follows the release of unclear UK employment data on Tuesday, leading to the British Pound’s further depreciation against the US Dollar. The… Read More »Unsteady GBP/USD Amid Risk Aversion and Mixed UK Employment Data, German Data Drags EUR/USD Below 1.0900
