Alejandro ZambranoAlejandro Zambrano leads the team at InvestingCube.com, and is also ATFX’s Global Chief Market Strategist. He combines extensive professional experience and a pragmatic attitude to trading, building clients’ understanding of the markets and the rationale behind investing.
Before joining ATFX, Zambrano was the Chief Market Strategist of the FCA regulated broker, Amana Capital. Prior to that, he was also the Head Analyst at FXCM’s London research desk.
Brent Crude oil prices ended the week lower by 5.66% from their weekly high, but these losses might quickly be reversed as drone strikes halt 50% of Saudi crude oil production. Saudi Arabia is the world’s biggest producer of crude oil and contributes to 10% of world production. Fifty percent [...]
Crude oil prices (West Texas Intermediate) have reverted into their old price range of $50.63 and $58.94 as the markets are projecting that tensions between the US and Iran will be less as President Trump fired his national security adviser John Bolton. According to online reports, there have been many [...]
At the time of writing, the Turkish Lira was up by approximately 0.85% vs. the Euro as the Turkish Central Bank decided to reduce interest rates from 19.75% to 16.5%. The next support level in the EURTRY pair was the September low at 6.21, followed by the August low at [...]
The British Pound has made good gains vs. the Euro (EURGBP) in the last few weeks as it looks like a no-deal Brexit has been adverted, and instead the next potential exit day is January 31, 2020. The British pound could on the heels of Brexit risk fading to continue [...]
At the time of writing, the Euro (EURUSD) was down by 51 pips vs. the US Dollar, as traders appear to position themselves for a dovish outcome at tomorrow’s ECB rate meeting. The price turned lower after reaching the median line that has dominated EURUSD price action since October 2018. [...]
The Australian Dollar (AUDUSD) has been one of the weakest developed currencies since it reached a high against the US Dollar in early 2018. The Euro was down by about 12%, GBP by 15%, while the Australian dollar was down by 17% over the same period. The annual Australian GDP [...]
Bitcoin prices are lower this morning by 2.72% on the day. There is no particular reason for Bitcoin prices sliding. The price is now nearing the important July 17 low of $9050. The low is important as it is the latest swing low of the uptrend that started from the [...]
US Stock index futures like the Dow Jones are marginally higher today, and the Dow Jones index continues to trade sideways between the August 5 low of 25080 and the August 13 high of 26437. The index started to trade sideways following a sharp 8% decline from the July 31 [...]
