Merlin Rothfeld
Online Trading Academy
As their value continues to increase exponentially, more and more people are talking about Bitcoin, Ethereum, Litecoin, Ripple and the many other cryptocurrencies that are being created every day. But what are they exactly? How do you purchase them? Where do you keep them and who will accept them as payment? Watch this webinar with our expert, Merlin Rothfeld, to learn the basics of cryptocurrencies.
This content is intended to provide educational information only. This information should not be construed as individual or customized legal, tax, financial or investment services. As each individual's situation is unique, a qualified professional should be consulted before making legal, tax, financial and investment decisions. The educational information provided in this article does not comprise any course or a part of any course that may be used as an educational credit for any certification purpose and will not prepare any User to be accredited for any licenses in any industry and will not prepare any User to get a job. Reproduced by permission from OTAcademy.com click here for Terms of Use: https://www.otacademy.com/about/terms
Editors’ Picks
EUR/USD stays depressed near 1.2050 amid firmer yields, ahead of Powell
EUR/USD remains on the backfoot around 1.2050, as the US dollar rises with Treasury yields. Concerns about the pace of the yield surge dent the risk appetite. Focus on EZ retail sales and US data ahead of Fed Chair Powell’s speech.
GBP/USD steadies around 1.3950 as bond bears catch a breather ahead of Powell
GBP/USD picks up bids around 1.3950 following a bounce from 1.3921. UK unilaterally extended NI border checks, EU vows legal response. US Treasury yields regain upside momentum, driving the US dollar higher. Fed’s Powell will be watched to confirm reflation fears.
USD/JPY: Bulls battle seven-week-old hurdle around 107.00
USD/JPY remains positive for the second consecutive day while attacking the July 2020 peak, market the previous day, during early Thursday. However, the upper line of a rising trend channel formation since January 11 joins RSI and MACD to probe the bulls around 107.087, up 0.10% intraday.
Editors’ Picks
EUR/USD stays depressed near 1.2050 amid firmer yields, ahead of Powell
EUR/USD remains on the backfoot around 1.2050, as the US dollar rises with Treasury yields. Concerns about the pace of the yield surge dent the risk appetite. Focus on EZ retail sales and US data ahead of Fed Chair Powell’s speech.
GBP/USD steadies around 1.3950 as bond bears catch a breather ahead of Powell
GBP/USD picks up bids around 1.3950 following a bounce from 1.3921. UK unilaterally extended NI border checks, EU vows legal response. US Treasury yields regain upside momentum, driving the US dollar higher. Fed’s Powell will be watched to confirm reflation fears.
USD/JPY: Bulls battle seven-week-old hurdle around 107.00
USD/JPY remains positive for the second consecutive day while attacking the July 2020 peak, market the previous day, during early Thursday. However, the upper line of a rising trend channel formation since January 11 joins RSI and MACD to probe the bulls around 107.087, up 0.10% intraday.
Bitcoin gears up for fresh record top, bulls await clear break of $52,650
Bitcoin buyers can ignore the recent choppy moves around $51,000, currently near $50,900, while looking at the cryptocurrency pair’s ability to stay beyond the key supports during early Thursday. Ascending trend line from late-January adds to the upside barriers.
Gold’s fate hinges on Treasury yields, Powell’s speech
Gold struggles with its rebound as DXY firms up with Treasury yields. XAU/USD reached fresh nine-month lows at $1702 amid a renewed uptick in the US Treasury yields, as the bond market turmoil resumed on Wednesday.
RECOMMENDED LESSONS
Making money in forex is easy if you know how the bankers trade!
Discover how to make money in forex is easy if you know how the bankers trade!
5 Forex News Events You Need To Know
In the fast moving world of currency markets, it is extremely important for new traders to know the list of important forex news...
Top 10 Chart Patterns Every Trader Should Know
Chart patterns are one of the most effective trading tools for a trader. They are pure price-action, and form on the basis of underlying buying and...
7 Ways to Avoid Forex Scams
The forex industry is recently seeing more and more scams. Here are 7 ways to avoid losing your money in such scams: Forex scams are becoming frequent. Michael Greenberg reports on luxurious expenses, including a submarine bought from the money taken from forex traders. Here’s another report of a forex fraud. So, how can we avoid falling in such forex scams?
What Are the 10 Fatal Mistakes Traders Make
Trading is exciting. Trading is hard. Trading is extremely hard. Some say that it takes more than 10,000 hours to master. Others believe that trading is the way to quick riches. They might be both wrong. What is important to know that no matter how experienced you are, mistakes will be part of the trading process.