Eno Eteng (MSTA)
Eno Eteng (MSTA)
Eno is a certified financial technician and member of the UK Society of Technical Analysts. He loves to trade and write about stocks, Forex, and CFDs. Since 2009, he has consulted several financial companies as a trader and strategy developer. His work can be seen on several forex blogs and trading educational websites.

CFTC Positioning Report: USD Longs, CHF Shorts Drop Off

The latest CFTC Commitment of Traders Report shows that the net long positions on the USD fell moderately last week; the first weekly fall since mid-June. The highlights of the report for the week ended on August 13 are presented below.   Safe haven demand that has pervaded the markets [...]

Risk-On Sentiment Boosted by 90-Day Delay in Huawei Ban

A Reuters report monitored a short while go confirms that US Commerce Secretary Wilbur Ross has announced that the United States will be delaying by 90 days, the ban on Huawei’s purchases from US companies. Consequently, an additional 46 subsidiary entities of Huawei will be included in the entity list. [...]

Oil Prices Bounce Briefly as Iran Says No Talks With US

The latest updates from the news wires have picked up comments from the Iranian Foreign Minister Mohammad Javad Zarif, saying that the Iranian government is not interested in holding any talks with the United States apart from talks to reinstate the nuclear deal. According to Zarif, "Any mediation should focus [...]

Bitcoin Cash May Be Poised for Another Big Move

As predicted in my article of last week on the price direction for Bitcoin Cash, the crypto asset which mirrors the movements of Bitcoin broke below the consolidation flag pattern to the downside, and was able to hit the initial support target at 267.99 before it retraced to the broken [...]