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
Monday October 9th, 2023 started relatively quiet on the forex market as US markets were closed for the Columbus day holiday. However, the escalating tensions in the Middle East continued to influence trading in European and Asian sessions. The ongoing… Read More »Middle East Political Tensions Influence Markets: Focus U.S.CPI, FOMC Minutes and U.K. GDP
The EURUSD currency pair, a key indicator of economic health and investor sentiment, has been hovering around 1.0500 following the release of the latest US Unemployment data on October 5, 2023. The report from the US Department of Labor revealed… Read More »EURUSD Struggles To Recover After Minor Uptick in US Jobless Claims
Forex trading apps have revolutionized the world of foreign exchange trading by providing users with real-time information, comprehensive analysis tools, and seamless transaction capabilities right at their fingertips. However, as with any form of investment, forex trading comes with its… Read More »Mitigate Risks with Forex Trading Apps for Beginners
The EURUSD has seen a significant drop, trading below 1.0500 following the release of better-than-expected U.S ISM Manufacturing PMI data which has reinforced the strength of the dollar. TradingView The yield on the 10-year US Treasury bond has seen a… Read More »EURUSD Falls Below 1.05000 After US Data,Treasury Yields Surge, Focus on JOLTS
The EUR/USD pair has been making recovery attempts since it hit a low of 1.0487 on Wednesday. The financial markets currently seem to be influenced heavily by sentiment, with a significant amount of concern present. Central banks maintaining a hawkish… Read More »EURUSD Attempts A Recovery, Stocks Gain After Positive U.S. Data, Focus PCE Index
Crude Type Current Price per Barrel Percentage Increase WTI Crude $91.18 0.87% Brent Crude Oil Price Today $94.53 0.61% Murban Crude $95.12 0.73% Natural Gas $2.654 -0.08% This table reflects the current prices and percentage increase for different types of… Read More »The Surging Oil Prices: An Analysis of Current Trends and Future Implications
In Europe, the EURUSD stayed below 1.0600, with investors eagerly awaiting remarks from ECB President Christine Lagarde on the monetary policy implications of this unexpected halt. In her speech, the President of the European Central Bank (ECB), made significant comments… Read More »EURUSD Weakens After Lagarde Speech: Focus on US Core PCE Price Index and Powell Comments
The Bank of England (BoE) has decided to hold its main interest rate at 5.25%, effectively pausing after 14 consecutive rate hikes. This decision has led to a weakening pound, with the currency last seen down around 0.8% against the… Read More »BOE Pauses Rates Hikes, GBPUSD Trades Below 1.2300 Under Heavy Selling Pressure
The AUDUSD stayed around the mid-0.6400 level after the release of the Reserve Bank of Australia (RBA) dovish minutes. The exchange rate was at 0.6438, showing a slight increase of 0.0003 or 0.05%. The day’s range for AUDUSD was between… Read More »AUDUSD Hovers Above 0.6400 After Dovish Reserve Bank of Australia(RBA) Minutes
If you are looking to maximize your profits in the foreign exchange market, it is crucial to implement effective PIP Forex Trading Strategies. PIP, which stands for “Percentage in Point,” is a standardized unit for measuring price movements in currency… Read More »Effective PIP Forex Trading Strategies
