Archives

EUR/USD daily chart with a trader’s eye, focusing on actionable insights and advice for both beginners and seasoned traders

February 6, 2025

By: Michael Mavromatis

Overall Market Context (Important for all traders): Before diving into the specifics of this chart, remember that forex trading is heavily influenced by macroeconomic factors. News releases, central bank policies (especially the Federal Reserve for USD and the European Central Bank for EUR), and global events can cause significant volatility and trend changes. Always be […]

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Trump Coin Analysis: Price Trends and Future Predictions

February 4, 2025

By: Michael Mavromatis

The latest developments surrounding Trump Coin (TRUMPUSDT) paint a rather uncertain picture. While the market had pinned its hopes on the approval of an ETF, that possibility has now been dismissed with the withdrawal of the application. Instead, the Trump team has shifted its focus to launching merchandise sales, which, while an interesting avenue, lacks […]

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Weekly Gold Update: Fed Rate Moves Weigh on XAU/USD

December 20, 2024

By: Michael Mavromatis

Gold Weekly Forecast: XAU/USD Edges Lower Amid Fed Rate Changes As of December 20, 2024, gold prices are hovering around $2,604 per ounce, reflecting a modest daily uptick of 0.4%. This week, however, the metal recorded a decline of approximately 1.6%, driven by evolving monetary policies and economic indicators. Fed Rate Cut Pressures Gold Prices […]

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What’s in store for gold backed cryptocurrency if any ?

January 10, 2024

By: Michael Mavromatis

#cryptocurrency #gold #digitalassets #fintech #blockchain #innovation #economics #investment The BRICS countries continue to negotiate a new currency that will be backed by gold. Presumably, it will be a cryptocurrency, and this innovation will have a number of advantages as well as a number of disadvantages, the main of which will be serious obstacles to its […]

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Where to start trading: a step-by-step guide for beginners

December 26, 2023

By: Michael Mavromatis

Step 1: Understanding Trading Before you start trading, you need to understand the basics. Learn the basic concepts and principles of trading, such as assets, markets, exchanges, orders, etc. This will help you build a framework of understanding and get into the terminology of a trader. Example resources: 1. Larry Harrison’s book “Trading for Dummies.” […]

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Bitcoin: Experts advise investors to prepare for Chop fest ?

October 27, 2023

By: Michael Mavromatis

#BitcoinAnalysis #CryptoMarket #BTCUSD #InvestmentStrategies Well-known trader Peter Brandt says, no matter how confident we are in the future, the market always brings surprises. And considering this, the expert believes that Bitcoin has reached the bottom and we are waiting for Chop fest in the near future. However, be prepared for a fair amount of volatility, […]

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Bitcoin funds withdraw funds from bitcoin funds, Ripple win draws attention

August 3, 2023

By: Michael Mavromatis

#cryptocurrencies #investments #withdrawals #cryptocurrencymarket #Ripple #SEC #Bitcoin #Etherium #XRP #Cardano #Solana #investors #finance #volatility #cryptomarket #blockchain #technology #financialmarkets #regulation #innovation Over the past week, from July 22 to July 29, the cryptocurrency market faced several significant events that impacted the overall investment and withdrawal dynamics. As noted by analysts, withdrawals from cryptocurrencies reached a high […]

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TOP 7 effective strategies for traders

June 29, 2023

By: Michael Mavromatis

A trading strategy for beginners on an hour time frame This simple trading strategy is perfect for beginners in the world of trading. What is important to consider? Intraday traders love to use this strategy. An hourly time frame chart allows you to fully identify potential opportunities and make trades. 1. Analysis. It is very […]

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UK wages continue to rise and inflation of Canada

April 21, 2023

By: Michael Mavromatis

#Markets #Economy #Inflation #USD/CAD #GBP/USD UK labor market data was released today. On the positive side, unemployment rose from 3.7% to 3.8% and the change in jobless claims in March was at pre-pandemic levels. But at the same time the average number of people employed over the last three months has risen. Most importantly, average […]

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