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.
Binance announced on Wednesday that it is abandoning its intentions to buy FTX, which was valued at $32 billion earlier this year and is now in danger of failing. The turmoil led to Bitcoin and ether trading below 16200 and… Read More »Binance Backtracks, BTC and Ether Plummet
As investors continue harvesting earnings, Tesla TSLA stock’s future is uncertain as it declined once more on Monday. The shares have now fallen below a critical level that may portend further declines. The small blue bird is in for some… Read More »Earnings Season Peak, Tesla Downtrend Continues
Despite the continuous deterioration in the majority of the major stock markets, the US Dollar Index has been trading sideways over the past week while the commodities currencies have remained strong. After the US non-farm payrolls report for October clouded… Read More »Weekly Forecast: DXY, AUD/USD, USD/CAD, NZD/USD
Mining firms are pushed to the limit by high energy costs and stagnant coin values. The value of bitcoin (BTC) is down 56% as of the beginning of November 2022, and the majority of the large miners are trading at… Read More »Miners Hit: Cryptocurrency Slump And Energy Prices Skyrocket
The third-quarter earnings season begins this week, with 161 S&P 500 firms reporting, including big names such as Toyota Motor Corp Ltd Ord, ConocoPhillips and Amgen Inc. While several high-profile corporations have already reported, Fox Corp. on Tuesday and News… Read More »Key Earnings Reports Releases And Market Review This Week
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