Crude Oil Market Overview Crude oil is trading at 67.01 in a downtrend after seeing a daily high of 67.73. Selling pressure increased after this high, and the price started to decline. The market is currently moving towards a critical support level...
GBPUSD Analysis GBP/USD tried to move towards the 1.3000 level after the Federal Reserve’s monetary policy announcement, but left the possibility of a rate cut open amid ongoing uncertainty over the US economic outlook. However, the uptrend did not...
The current trend for the USD/GBP currency pair appears to be bearish, as the price has struggled to break above the critical resistance level of 1.3002. This persistent inability to breach the resistance indicates that sellers are maintaining...
The USD/JPY H1 chart illustrates price movement over a specific period, with the current price at 148.50. The chart incorporates Bollinger Bands, which help assess volatility and price direction, and the Stochastic Oscillator (5,3,3), which...
Traders using low leverage are more likely to preserve their capital because they are not heavily exposed to the market. It is a safer approach, especially for new traders. Trading with low leverage tends to reduce the stress associated with...
