Market Maker broker is a financial institution or brokerage firm that creates a market for traders by quoting both buy (bid) and sell (ask) prices. Essentially, market makers take the opposite side of a trader’s position. If you buy a currency...
Gold Spot Price Analysis The chart represents the movement of Gold Spot prices in a 4-hour timeframe, with the current market price at $3,333.25, reflecting a gain of 1.36% (+$44.86). Key Observations: Moving Averages: The blue line indicates the...
USD/JPY: Navigating Recent Price Action The four-hour chart for the US Dollar against the Japanese Yen presents an interesting snapshot of recent trading activity. We can observe a period of consolidation followed by a more decisive move upwards....
West Texas Intermediate (WTI) crude oil prices extended their upward trajectory for the second consecutive trading session, reaching levels around $63.90 per barrel during Wednesday's Asian trading hours. This sustained rise in oil prices is being...
T E C H N I C A L _ A N A L Y S I S E U R / U S D Good morning everyone. I will discuss the crazy EUR/USD pair. If you look at the current situation, we can see that EUR/USD is still trading below the 20 exponential moving averages and 50...