Angeline FelicianoAngeline Feliciano has been trading Forex for over ten years. She has invaluable experience working in FX education companies like BabyPips.com and Learn to Trade as a trader, currency analyst, trading coach, and presenter. Aside from these roles, she has also created intensive educational content on fundamental analysis which is heavily sought after by retail traders. She has taught hundreds of people how to trade the FX market in the Philippines and in Australia. When she is not trading, you can find her in the gym lifting weights.
Will Trend Line Support Hold? The daily time frame of XRPUSD shows that ripple price has given up most of its gains. By drawing the Fibonacci retracement tool from the low of January 24 to the high of February 25, we can see that XRPUSD has found its way back [...]
Asian equities markets are all trading lower today on renewed concerns about the coronavirus outbreak. The Hang Seng Index is down 1.79% or 487.9 points at 26,820.9. Meanwhile, South Korea’s KOSPI is in the red by 3.87%. As for the Shanghai Composite Index, it incurred a 0.28% loss for the [...]
KOSPI Down as Coronavirus Cases Rise Aside from the majors, the South Korean markets have been hard-hit by coronavirus fears at the start of this week’s trading. This comes after confirmed coronavirus cases in the country rose sharply by 161 to 763 while its death toll is at 7. This [...]
WTI crude oil price opened with a weekend gap on concerns about the coronavirus outbreak. The commodity started this week’s trading 68 cents below its closing price from Friday as G20 leaders worried about the economic impact of COVID-19. The IMF warned that the coronavirus outbreak could push Chinese growth [...]
Contrary to higher-yielding assets like stocks and risk currencies like the Aussie and Kiwi, gold price is enjoying a bullish run amid risk aversion. XAUUSD is trading at its 7-year highs just above $1,660.00 as concerns about the coronavirus mount. Gold price chart, Monthly Read our Best Trading Ideas for [...]
Like most non-safe haven currencies like the Aussie and Kiwi, EURUSD is trading lower at the start of this week thanks to risk aversion. The currency pair opened with a 27-pip weekend gap at 1.0820. The cause of the weekend gap across most major currency pairs was the G20 Meetings [...]
AUDUSD is trading at its lowest levels since March 2009. As of this writing, the currency pair is hovering around the 0.6600 psychological handle. If there are enough sellers left in the market, it could slide lower to its 2008 low at 0.5990 which is where it bottomed following the [...]
Should We Brace for a Sell-Off on XRPUSD? After surging through the $0.3400 psychological handle, it seems that the rally on ripple price has lost steam. XRPUSD spent last weeks trading trending lower. As of this writing, the cryptocurrency is trading below $0.2800. A closer look would even reveal a [...]
Just like most higher-yielding currency pairs, NZDUSD traded in favor of the dollar at the start of this week. The currency pair opened 40 pips below its opening price at 0.6310 as coronavirus concerns and disappointing New Zealand retail sales weighed down the New Zealand dollar. As of this writing, [...]
It’s going to be a busy week for the pound next week. We kick things off on Monday with the UK labor figures for January. The unemployment change report is eyed at 22,600 while the unemployment rate is seen at 3.8%. Also due next week, is the CPI report for [...]
