For oil on the weekly chart, the price was quite confidently pushed to the north, as a result of which a full bullish candle was formed, which was able to easily break through and confidently consolidate above the resistance level, which, according...
What is Pivot point in Forex Trading? Detailed Calculation of Pivot Points Pivot points are derived from the previous day's high, low, and closing prices. Here's a step-by-step breakdown of their calculationivot Point (P)=High+Low+Close3P =...
EURGBP D1 In the EUR/GBP pair yesterday, after a slight northward retracement, the price reversed and was pushed down by a strong bearish impulse, resulting in the formation of a full bearish candle, which once again closed near the local support...
The EUR/USD currency pair experienced notable volatility last week. On Friday, it hit a six-week low, dropping to 1.0680. However, during the US market session, it managed a modest recovery, closing the trading week slightly above the 1.0730 level....
The Australian dollar faces potential downside pressure despite a positive labor market report. The RBA's hawkish stance and rising US interest rates are fueling demand for the US dollar. Although weak US data emerged, the US dollar remains strong....