T E C H N I C A L _ A N A L Y S I S C L / CRUDE OIL Good Morning Visitors. Let’s focus on the Crude oil price action. Crude oil is trading at 67.05 at the time of writing. The US dollar index is in positive territory, which indicates that the US...
Stop Out Level The Stop Out Level in Forex trading refers to the percentage of margin at which a broker automatically closes a trader’s open positions to prevent further losses. This happens when the account's margin level falls below a specific...
AUD/USD Pair Price Action Recap The AUD/USD pair is currently around the price of 0.6314. In this analysis, we will explore the dynamics of supply and demand which play an important role in determining the direction of future prices. With the...
GBP/USD Pair Price Action Recap Trading in the GBPUSD market pair on Friday was again dominated by buyers who were able to keep prices above the buyer support area at a price of 1.2875-1.2876 which has not been broken out by the seller so that the...
EURCHF Daily Forecast The EUR/CHF pair has been on a strong trend in recent sessions, with significant gains pushing the price higher. The rapid increase in momentum indicates strong buying pressure and is pushing prices towards key resistance...
