Spreads In forex trading, Spreads refer to the difference between the bid price and the ask price of a currency pair. It is one of the primary costs traders face when entering and exiting trades. Understanding spreads is crucial because they...
•••Silver Price Analysis: What’s Happening with XAG/USD Today?(January 1,2025)••• • Silver is making waves today in the market, with the XAG/USD pair hovering around 29.0155 USD per ounce. This price point tells us that silver remains a vital...
Crude oil prices extended their decline during the American trading session on Tuesday, falling by more than 1%. This downward pressure stemmed from news that Pemex, Mexico's state-owned oil company, had fully resumed operations at all its offshore...
Gold prices showed resistance despite last Monday's drop to a five-day low and retested resistance near the descending trendline on Tuesday. It was the fourth consecutive day of testing at this level since last Thursday. At the time of writing, it...
The EURJPY pair has been declining since the beginning of the week. The price reached a high of 164.85 before dropping to a low of 162.40. The price attempted to rise above 163.00 but failed to sustain the upward momentum and was pushed down. The...