Pivot Points Pivot Points are a popular technical analysis indicator used in trading to identify potential support and resistance levels. They are calculated based on the previous day's high, low, and closing prices and are commonly used in Forex,...
The EUR/USD currency pair traded near 1.0505 during early European trading on Wednesday, as investors remained cautious ahead of the Federal Reserve's interest rate decision. While the Fed is widely expected to implement a 25-basis-point rate cut,...
Crude oil prices are poised to reclaim the $70 per barrel mark on Friday, reflecting a cautious optimism in the market. While the recent OPEC+ report, signaling potential production cuts, has provided a bullish impetus, traders remain wary of the...
GBP/ USD Price Summary We will analyze the behaviour of the GBP/ USD currency pair's present price. The decline yesterday did not happen, but today it can be expected. Just yesterday evening I was lucky enough to enter the market at a comfortable...
AUD / CHF: An Hourly Time Frame Road Map Yesterday, the price of AUDCHF hit the 0.5683 level, a clear indication of the domination and power of bulls in the market. This price movement suggests that the buyers are currently in control, and the...