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The UK Economy

Fidelity's Ethereum Spot ETF Faces SEC Delay; Anticipated Decisions Remain Set for May

02 Feb 2024 @ 10:41
On January 18, the U.S. Securities and Exchange Commission (SEC) announced a postponement in its verdict regarding Fidelity’s proposed Ethereum ETF. This decision revolves around a proposed rule amendment enabling Cboe BZX to list and trade shares linked to Fidelity’s forthcoming fund. The regulatory body highlighted that the initial filing for the rule change occurred […]
 

Understanding the Concept of 52-Week Highs and Lows

10 Nov 2023 @ 15:22
The 52-week high/low represents the highest and lowest stock prices in the past year. The 52-week high is the highest price reached, and the 52-week low is the lowest price attained during this period. Investors and traders use this measure to assess a stock’s performance over a year. Determining the 52-Week High and Low Prices […]
 

The UK Regulatory Authority Issues a Warning to 143 Cryptocurrency Enterprises, Including Huobi/HTX and KuCoin

11 Oct 2023 @ 21:36
The UK’s Regulatory Authority Sounds the Alarm on 143 Unregistered Cryptocurrency Companies, Raising Concerns About Regulatory Gaps Prominent players such as the cryptocurrency exchange Huobi/HTX and the digital asset trading platform KuCoin have been flagged in the FCA’s advisory. The FCA’s action has reverberated throughout the investor community, underscoring the pressing...
 

Boohoo Group Plc price: BOO is where it is not supposed to be

05 Nov 2022 @ 11:05
Boohoo Group Plc shares (LSE:BOO) are currently where they are not supposed to be. The price still showcases bearishness, instead of bullishness. For most past of this year, the market has trended downwards, generally. There were occasional rallies along the way, but they were followed by further bearish movements. 4 EMA as used for this […]
 

What If I Sent Some Crypto To Scammers?

18 Oct 2022 @ 08:29
“Illusions are something pleasant. The disadvantage is that they tend to burst like a bubble.” – Wolfgang Kurz There are many Internet fraudsters and scammers out there whose primary aim is to turn you into a dupe. They will do everything possible to convince you that their claims are genuine. This includes fake websites and/or fake […]
 

3 Emotions Pro Traders Have Mastered

18 Oct 2022 @ 08:11
Successful traders may differ in their trading strategy, but they do have one thing in common. Pro traders have learned to manage key emotions that affect their results. Here’s how you can do the same. Finding and properly following a proven trading strategy is one of the most important steps to becoming a successful stock […]
 

GBP/USD Sustains Beyond 1.1050 Before Fedspeak

11 Oct 2022 @ 12:22
GBP/USD struggled to climb to a positive area higher than 1.1050 during the European Session today (Today). This happened following the pairs testing the price level of 1.1000 during the session. Also, the short-term perspective of the pair portrays that it may increase its correction if it should to break the 1.1140 ceilings. However, the […]
 

Avacta Group price: AVCT buyers are devastated

07 Sep 2022 @ 10:47
Avacta Group Plc shares (LSE:AVCT) are decidedly weak, and the current bearishness in the market, especially in the near-term, has really scuttled buyers’ effort. Their hope has been dashed, as explained below. Price is essentially below the EMA 21 and the William’s % Range period 20 is in the oversold region. This is a bearish […]
 

Annual Forecast for Lloyds (2022)

10 Jul 2022 @ 07:48
Lloyds Banking Group Plc shares (LSE:LLOY) are weak, and the weakness has been going on for several months. From February 2022 until the present, any rallies in this market are simply opportunities to sell at higher prices. The ADX period 14 is above level 20, going towards level 30. This means the momentum in the […]
 

8 Things I Wish People Had Told Me About Being A Trader

23 Jun 2022 @ 13:49
Not everyone will be happy for you. The tall poppy syndrome is alive and well. Be careful who you share your dreams with, especially early on in your trading career. A dream is the most fragile when it is first birthed. Trading sounds glamourous, but it isn’t. The best traders follow the same routines day […]
 
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