Good morning. The current market movement appears to be responding to prevailing conditions, with signs indicating an attempt to push prices lower and maintain the bearish trend, potentially continuing the downward momentum. Since the beginning of...
The EUR/NZD currency pair is currently trading with a bid of around 1.8982 and an ask of approximately 1.9006. Over the recent week, the pair has seen a low near 1.8988 and a high close to 1.9000, indicating a tight range. Historically, EUR/NZD has...
If you are starting your Forex trading journey, you’ll often hear three important termsips, Lots, and Leverage. Understanding these basics is crucial because they control how much you can earn — or lose — in a trade. Let’s go over each of them in a...
The provided chart is a 1-hour (H1) timeframe for Gold (GOLD), showcasing a significant upward trend that initiated around mid-to-late March. This bullish move was characterized by a strong series of higher highs and higher lows, suggesting that...
The chart displays price data for CL_H1, likely representing crude oil futures, with a primary price point of 63.17. The values show fluctuations between 63.12 and 63.37, indicating minor volatility within a tight range. Above the main price, a...