Author: Judith Mwaura

At this point, you should have a solid toolkit to help you navigate the forex market. Now, it’s time to add a new weapon to your arsenal: Chart Patterns! Think of chart patterns as your personal “land mine detector.” After completing this lesson, you’ll be able to detect potential “explosions” on the chart before they actually happen. This skill can be incredibly profitable, allowing you to anticipate big price moves ahead of time. Why Chart Patterns are Like Farts Let’s be honest, everyone’s had that moment when you feel a fart coming, and you wish you could somehow predict it…

The EUR/USD, EUR/GBP, and GBP/USD currency pairs are all under pressure as traders await the Federal Reserve’s decision on interest rates. EUR/USD is currently facing resistance after reaching a high of $1.0533 on Monday. The pair remains vulnerable, with the low of $1.0372 from Thursday still in focus. If EUR/USD manages to close above the $1.0533 mark on a daily chart, this could shift the outlook to a more positive one in the medium term. EUR/GBP continues to slide, moving further away from last week’s high of £0.8473, which was just below the £0.8478 high from June 24, 2024. The…

The recent shifts in U.S. trade policy, particularly the introduction of tariffs as a primary enforcement tool, have introduced significant uncertainty into the currency markets. As the new administration prepares to renegotiate existing agreements and border policies, the U.S. dollar has experienced notable fluctuations. For instance, the dollar fell after President Trump hinted at a softer stance on China tariffs, leading to its largest weekly decline in over a year. This trade policy uncertainty has prompted investors to seek safer assets, such as Japan’s yen and European credit, to mitigate potential risks. The yen, in particular, has gained strength due…

A cryptocurrency wallet is a software application that helps you store and manage your cryptocurrency. Think of it as a digital version of the wallet you use to keep your cash and cards. However, instead of holding physical money, it stores the keys you need to sign transactions and access your digital assets. When cryptocurrencies were first introduced, sending and receiving them required entering long strings of keys manually. Nowadays, most of the process is automated by software, making it easier for everyone to use. The first cryptocurrency wallet was created by Bitcoin’s anonymous creator, Satoshi Nakamoto. Shortly after, Hal…

El Salvador, which made history in 2021 as the first country to adopt bitcoin as legal tender, has decided to scale back its ambitious cryptocurrency plans. The country has reached a deal with the International Monetary Fund (IMF) for a $1.4 billion loan, with the understanding that it will reduce its bitcoin-related policies. The IMF noted that the risks associated with bitcoin adoption have lessened, especially now that businesses will have the option to choose whether or not they want to accept bitcoin as payment. This new deal follows a period of bitcoin’s remarkable rise, with the cryptocurrency recently reaching…

On January 28, 2025, students from Meru University of Science and Technology (MUST) organized protests following the tragic death of a fellow student. The student was fatally stabbed around 10 PM while visiting his girlfriend in the Mascan area, a locality known for its rising insecurity. This incident intensified existing concerns among students about safety both within the university and its surrounding areas. In response to the student’s death, the university community took to the streets, lighting bonfires and blocking roads. The protests escalated into confrontations with police, who deployed tear gas to disperse the crowds. Students expressed frustration over…

Deputy President Kithure Kindiki has publicly accused Embu Governor Cecily Mbarire of orchestrating the heckling that President William Ruto experienced during his visit to Embu. Kindiki expressed his disapproval, stating that Mbarire is unfit to serve as the Chairman of the United Democratic Alliance (UDA). This accusation follows a series of events where President Ruto faced interruptions during his speeches in Embu. In response, Kindiki has called for a cessation of such disruptive behavior, emphasizing the importance of maintaining decorum during official events. The tension between Kindiki and Mbarire highlights underlying political dynamics within the UDA. Kindiki’s remarks suggest a…

Recent events in the Democratic Republic of Congo (DRC) have escalated tensions both domestically and internationally. On January 28, 2025, violent protests erupted in Kinshasa, the capital city, as demonstrators targeted multiple foreign embassies. The protests were in response to the M23 rebel group’s offensive in the eastern region, particularly the city of Goma. Embassies of France, Belgium, the Netherlands, the United States, Rwanda, Uganda, Kenya, and the United Nations were attacked, with protesters accusing these nations of complicity in supporting the M23 rebels. The situation in Goma has been dire, with intense fighting between the DRC army and M23…

Mumias East Member of Parliament Peter Salasya has recently been at the center of political discussions due to his outspoken criticism of the government’s Social Health Authority (SHA). During a parliamentary retreat in Naivasha, Salasya publicly labeled SHA a “scam,” urging the government to revert to the National Hospital Insurance Fund (NHIF) system. He expressed his concerns directly to President William Ruto, suggesting that the current health system is ineffective and calling for its immediate overhaul. Salasya’s bold statements have sparked heated debates among MPs. Some support his call for the reinstatement of NHIF, while others defend SHA, citing its…

In recent developments, sugarcane farmers in Mumias have expressed dissatisfaction over the distribution of a KSh150 million bonus announced by President William Ruto. While the initiative aimed to reward those supplying cane to the Mumias Sugar Factory, some farmers claim they did not receive the promised funds, leading to protests in the region. The discontent has been further fueled by calls for the removal of key industry figures, including President Ruto and stakeholders from the Rai family, who are perceived to have significant influence over the factory’s operations. The government’s decision to award the bonus was initially met with optimism,…