Current Analysis of the USD/CAD Pair The USD/CAD currency pair had earlier breached upwards above a strong resistance line at 1.4060, which is now a support. This technical breakout suggests optimism in the market, wherein traders could consider the...
GBP / USD: A daily trading recommendation The price is slowly entering a bullish trend. Thus, the bulls of GBPUSD might catch more buying signals and chances today. The London time zone will help the Bulls to hit the 1.2610 level this week or next...
Electricity prices in Germany have soared to record levels In Germany, electricity prices have peaked in the last 12 months. The driver of growth was the upcoming cold snap and a decrease in the production of renewable energy sources. Futures for...
Bitcoin (BTC) surged above the $93,500 mark on Tuesday, reflecting a dramatic shift in market sentiment from “fear” to “extreme fear.” This rebound comes amid a convergence of significant macroeconomic events, political developments in the U.S., and...
What is pivot point in forex trading. A pivot point is a price level calculated from previous prices. It's used to indicate potential areas of support or resistance that offer attractive reward-to-risk setups for trades. The pivot point itself is...
