Pips In Trading Pips in Trading In financial trading, particularly in forex (foreign exchange), a "pip" stands for "percentage in point" or "price interest point." It is a standard unit of measurement used to express the smallest price movement that...
GBP/JPY Market Analysis Good Morning to everyone! The market of GBP/JPY reached the 195.36 zone on Friday, marking a significant level that captured traders' attention. The UK Construction PMI is the only notable news event that could provide some...
West Texas Intermediate (WTI) crude oil prices traded around $73.30 per barrel during the Asian session on Monday, hovering near their highest levels since October 2024. This upward movement can be attributed to several key factors. Firstly, the...
EUR/USD Technical Analysis: Right now, EUR/USD is hovering around 1.0920 with a slight upward push. I’m keeping an eye on 1.0900 and 1.0875 as key support levels, while 1.0950 and 1.0980 stand out as resistance zones. The pair is trading above the...
The Pound Sterling is showing signs of vulnerability against the US Dollar (USD), commonly referred to as the Greenback. This comes as escalating tensions in the Middle East drive a risk-off sentiment in global markets, overshadowing China’s ongoing...
