I believe the current market movement is quite dynamic, with prices initially moving briskly downward before suddenly surging upward by 200 points. I think this upward momentum is likely to continue, and I expect the price to rise even further by...
Engulfing Candlestick Pattern in Forex Trading The engulfing candlestick pattern is a two-candle reversal signal commonly used in forex trading to indicate a potential change in market direction. It comes in two forms: bullish and bearish. 1....
Free margin refers to the available equity in your trading account that is not currently tied up in open trades. It is the portion of your funds that can be used to open new trades or absorb losses from existing positions. In simpler terms, free...
AUDUSD Technical Analysis Good Evening. Today, I will discuss the AUDUSD pair. AUDUSD is trading at 0.6289, positioning itself between key support at 0.6230 and resistance at 0.6334. The Alligator Indicator, which consists of three smoothed moving...
Crude Oil (#CL) Technical Analysis Crude Oil (#CL) is trading at 67.72, showing consolidation near the support level of 65.12 and below the resistance at 68.42. The Zigzag Indicator, which filters out minor price fluctuations and identifies key...
