Market Analysis: EURGBP closed with +169pips

The EURGBP hits a 3-year resistance with a rising wedge formation, coupled by the multiple bearish divergence on the indicator. Shorted as the price made a lower high al the way down to the first support level. Closed with a +169pip profits.

Great Time to Exchange Your USD to SGD

Today is 1 of the better rate to change USD to SGD. On the daily-chart(left) candle did break and close above the resistance line(red line), although the next bearish candle came down…

Trading: Conviction versus Stubbornness

Brexit is the withdrawal of the United Kingdom (UK) from the European Union (EU). Following a referendum held on 23 June 2016 in which 51.9 per cent of those voting supported leaving the EU.  (Source: Wikipedia) Now, nearly…