Money is considered a taboo subject in many homes, nobody talks about it until it’s already too late and few families take the time to offer proper financial education to their children and teenagers. This situation translates to young adults who don’t have a basic toolset of managing their expenses and savings, living in an […]

London open: Investors shrug off China data, Intu surges on takeover offer London stocks rose in early trade on Friday as investors shrugged off disappointing Chinese data and ongoing worries about Brexit. At 0835 BST, the FTSE 100 was up 0.3% to 7,045.70, while the pound was flat against the dollar at 1.3021 and 0.2% […]

The key points from today’s economic news, brought to you by Guardian Stockbrokers. UK retail sales declined more than expected in September On a monthly basis, retail sales in the UK registered a drop of 0.80% in September, compared to a revised rise of 0.40% in the prior month. Markets were expecting retail sales to […]

Have you ever noticed that almost everyone you know has at least two different types of credit cards, including yourself? More to the point, credit cards don’t just differ by the card issuer, but by their type as well. Here are some of the most popular credit cards and ways you can use them. 1. […]

London open: Stocks nudge down after hawkish Fed lifts yields London stocks nudged lower at the open on Thursday as investors mulled hawkish minutes from the Federal Reserve and eyed the latest Brexit developments, ahead of the release of UK retail sales data. At 0830 BST, the FTSE 100 was down 0.1% to 7,049.55, while […]

Hawkish FOMC minutes, a stronger greenback and higher inventories were enough to push WTI crude back below $70 yesterday. Momentum suggests the move isn’t over just yet. By yesterday’s close WTI had suffered its largest slip in 9-weeks. Still, its potential for losses had not gone without warning. Citing a key level for bulls to defend, we […]

The key points from today’s economic news, brought to you by Guardian Stockbrokers. BoE warned over no-deal Brexit scenario The Bank of England’s (BoE) Financial Policy Committee minutes hinted that the British Pound could deteriorate significantly if the nation left the European Union without a new trade deal. Meanwhile, the policymakers warned that the new […]

London open: Stocks subdued ahead of inflation data, EU summit London stocks nudged a touch higher at the open on Wednesday as investors kept their powder dry ahead of key UK inflation data and the EU summit in Brussels. At 0850 BST, the FTSE 100 was up 0.1% to 7,065.50 – off its six-month lows […]

The key points from today’s economic news, brought to you by Guardian Stockbrokers. UK ILO unemployment rate remained unchanged in the June-August 2018 period In the UK, the ILO unemployment rate remained unchanged at 4.00% in the June-August 2018 period, meeting market expectations. Euro-zone trade surplus expanded in August In the Euro-zone, the seasonally adjusted […]

GOLD (XAUUSD) Dominant Bias: Bearish Gold is a bear market. In August price dipped by over 6000 pips, reaching around the support level of 1160.00 (a support level). From there, price moved upwards by 5000 pips and then moved sideways till the end of the month. All this happened in the context of a downtrend; […]

Do you want to be a successful trader? Then you need to unlock your potential and develop the right habits and routines. Experience shows that people want to keep doing what they are doing, while expecting different results. In trading, that means they carry on trading in a certain way even when it brings poor […]

The prediction for Gulf Keystone stock (LSE:GKP) for last month has proven to be correct. This is a bull market, and it is supposed to continue being bullish. In the chart, the ADX period 14 is at the level 30, which means the momentum in the market is strong. The DM+ is above the DM-, […]

GOLD (XAUUSD) Dominant Bias: Bearish Gold has ended its recent short-term neutrality by dropping 5000 pips in July. In fact, the current dominant bearish bias started on April 11 (following a long period of a boring, choppy market), and price has dropped over 15,000 pips since then, resulting in a Bearish Confirmation Pattern in the […]

Ethereum Price Medium-term Trend: Ranging   Supply zones: $400, $450, $500 Demand zones: $150, $100, $50     ETH remains in the range in its medium-term outlook. The bears’ pressure within the range was briefly strong as ETHUSD was down to $209.66 in the demand area after the formation of the bearish engulfing candle at […]

BTCUSD Long-term Trend – Bearish   Distribution territories: $7,000, $8,000, $9,000. Accumulation territories: $5,500, $5,000, $4,500   Bitcoin’s price has been dropping within its current range against the US dollar this week. Before its major decline, the cryptocurrency had two notably short Japanese bullish candlesticks on September 21 and 27, in the $6,800 and $6,400...

Ethereum Price Medium-term Trend: Bearish Supply zones: $400, $450, $500 Demand zones: $150, $100, $50   ETH is in a bearish trend in its medium-term outlook. The minor bullish pullback to $227.84 in the supply area was short-lived as the day ended on a bearish doji. The 4-hour opening candle at 226.70 was a large […]

BTCUSD Long-term Trend – Ranging   Distribution territories: $7,500, $8,500, $9,500. Accumulation territories: $6,000, $5,000, $4,000   There have been a series of lower highs and lower lows in Bitcoin’s price over the past few weeks. The cryptocurrency’s price is still ranging, although it’s a little higher within the range. Its price has been fluctuating […]