Everyone has heard the term “Pay Yourself First” when it comes to saving money, but many have a hard time understanding how this concept actually works. The thing is, virtually everyone is already practicing this strategy but it’s being done in an indirect way. As such, they never realized they were experts at “Paying Yourself […]

London open: Stocks rise as housebuilders bounce back; OPEC eyed London stocks rose in early trade on Friday, helped along by a rebound for housebuilders as investors continued to digest a more hawkish than expected policy announcement from the Bank of England and looked ahead to the OPEC meeting in Vienna. At 0830 BST, the […]

The key points from today’s economic news, brought to you by Guardian Stockbrokers. Bank of England held its benchmark interest rate, moves closer to August interest rate hike The Bank of England (BoE), in its June monetary policy meeting, voted 6-3 to keep its key interest rate unchanged at 0.50%. The central bank’s Chief Economist, […]

In response to our prior Gold analysis, the shiny yellow metal’s trendline folded and a decisive break of $1300 ensued. But since finding support around $1260, can the bears take it to fresh lows? The daily chart clearly shows the magnitude of the bearish break out from compression which had, up until that point, provided a […]

Yesterday’s Newsletter described the consistently strong, if not growing, profit contribution from the News Distribution business of Connect Group (LSE:CNCT).  Another profitable business, which Connect has run for years, is the supply of newspapers, magazines and in-flight entertainment technology to over 80 airlines in 50 countries under the Dawson Media Direct, DMD, name. It has […]

Today’s hawkish Bank of England Minutes and Statement means an August hike is now likely as the MPC looks through the data ‘soft’ patch. Faraday Research offers real time FX and Equity trade signals from qualified analysts. Click here to try us free.

Debt like inflation appears hell-bent on an upward trajectory. At the time of writing, the US national debt was hovering around $21.147 trillion, with no relief in sight. The US has an insatiable appetite for expenditure, as evidenced by the Buy Now Pay Later mentality of Western society. Our future-oriented payment regimen makes sense given […]

The key points from today’s economic news, brought to you by Guardian Stockbrokers. Euro-zone current account surplus dropped in April The Euro-zone has reported the seasonally adjusted current account surplus of €28.40 billion in April, compared to a revised current account surplus of €32.80 billion in the prior month. Euro-zone construction output rose in April […]

Most people are considering refinancing their mortgage before the final mortgage term ends. That is understandable because all people want to finish their mortgage payments as soon as possible and without any problems. One good thing about refinancing is that it gives you benefit of getting low interest rates. Some people consider refinancing because it […]

ETHUSD Medium-term Trend: Bullish Resistance: $435, $430, $425 Support: $405, $410, $415 The ETHUSD pair had a bearish outlook yesterday. The MACD line and the signal line were below the zero line. From the price action, Ethereum had a bearish view but it commenced a range bound movement. Today, price of Ethereum is in a […]

Tlou Energy shares (LSE:TLOU) are a ranging market, which would preferably be called a lone ranger. The sideways movement will continue for some time, and it would eventually result in a serious breakout. Price made a bullish effort in January 2018, dropped precipitously in February, and began to consolidate. The market has been ranging since […]

From $145 to $35 to $115 to nearly $25 and now to back above $70, the price action in the oil market has been a roller coaster for a full decade now, and the question on every trader’s mind is “how far will we rise before dumping again…and what does that mean for other markets?” […]

Petrel Resources stock (LSE:PET) is not an attractive market at all, and investors are advised to stay away until there is a clear directional movement. The market is quite rough and choppy, having zigzagged so far (in the past few months). Price is currently above the EMA 21 (a false signal), and will go below […]

Ethereum Medium-term Trend: Bullish   Supply zones: $700, $750, $800 Demand zones: $450, $400, $350   Ethereum is in a bullish trend in the medium-term outlook. The bears could not push price to the lower Bollinger band due to the loss in momentum at $519.86 in the demand area. The 10-day EMA acted as a […]

BTCUSD Long-term Trend – Bearish   Distribution territories: $9,000.00, $10,000.00, $11,000.00. Accumulation territories: $5,000.00, $4,000.00, $3,000.00.   Bitcoin was initially in a ranging movement last week but a very strong bearish Japanese candlestick occurred this week. The digital asset started experiencing a southward push on June 10, and soon BTCUSD saw a sudden volatile...

Here’s the market outlook for the week: EURUSD Dominant bias: Bearish The market began the current strong bearish movement in April. This month (especially from early June), price consolidated till June 14, before the large pullback we are currently witnessing. The large pullback has put more emphasis on the dominant bearish bias; thus price is […]

BTCUSD Medium-term Trend: Bearish   Resistance Levels: $6,600, $6,700, $6,800 Support Levels: $6,400, $6,300, $6,200   Yesterday, June 13, price of Bitcoin fell to as low as $6,252.61. Today, the asset is making a bullish movement to the high of $6,488.55. On the whole, the overall trend is bearish. In order to determine the continuity […]