Trend Overview EUR/USD on the daily timeframe remains locked in a clear multi-month downtrend that began after the mid-August peak near 1.1700. From that high, successive lower highs and lower lows have defined the structure, with price...
West Texas Intermediate (WTI) - the US Crude Oil price benchmark - sees new buyers coming into play on Thursday, as the commodity climbs to the area of $99.35 during the European trading session. At the same time, the commodity is still close to...
#Litecoin H1 At the moment the asset's price continues upward and the moving average, as can be seen, is acting as support for now. I currently consider the resistance at 63.10 the target of this move, and to continue upward it is necessary to...
The Foundation of Trading Success: Calculating Risk:Reward It demonstrates how to calculate the ratio between the potential profit of a trade (Take Profit) and the potential loss (Stop Loss). Below is a detailed breakdown of the concepts shown in...
Silver (XAG/USD) H4 Outlook Update On Thursday, Silver (XAG/USD) returned to its overall downward trend, falling to daily lows below $56.00 as the price reversed impulsively following a rally in the $58.00 region. The precious metals have been under...