Gold Analysis Spot gold is trading at $265.58 an ounce and is trading sideways at a high level. With support at 2630 and pressure at 2678, the support and pressure levels are both high and low. Gold broke above the morning high at 2655 today after...
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...
NZD/USD Market Outlook Greetings and Good Morning guys! The New Zealand's Dollar is again losing its value from yesterday. It had reached around the 0.5876 zone. Today, the market will move volatility during the US zone as the high-impact news...
As a result, the EURUSD currency pair quotes are not falling very well, yes, yesterday there was a fall to the level of 1.0508, but then there was a rebound and today the 1.0555 mark will be an important level based on the closing prices and it will...
General Points of NZDUSD: The importance of the news events today makes it crucial to use a news strategy for guiding trading decisions. A news-based strategy involves closely monitoring the timing and impact of key data releases, as they can cause...
