Why Stop Loss is Mandatory in Forex Trading? In Forex trading, a stop-loss order is a predefined instruction to close a trade automatically when the market price reaches a specific unfavorable level. This tool is not just an option but a necessity...
USD/CHF Price Forecast USD/CHF trades in a tight range below 0.8850 as investors seek fresh Fed interest rate cues. Donald Trump’s economic agenda will be inflationary for the US economy. Investors await flash US SP Global PMI for November and SNB...
Technical Analysis USD/JPY H-4 Chart Hello everyone, technical analysis for the USD/JPY currency pair on the H4 chart: General conditions: A price above the MA50 and MA200 shows a bullish trend. This shows that medium-term and long-term buying...
WTI crude oil prices stabilized around $68.95 on Thursday, despite a slight increase in US crude oil inventories reported by the Energy Information Administration (EIA). The market's focus remains on geopolitical tensions between Russia and Ukraine,...
The USD/JPY pair is trading around the 154.37 level, showing a clear rejection from higher levels near 156.50. The price action indicates a series of lower highs and lower lows, which points toward a developing downtrend on the H1 timeframe. The...