The West Texas Intermediate (WTI) crude futures market experienced a significant downturn amidst heightened concerns surrounding escalating trade tensions stemming from the United States. Following the announcement of new mutual customs duties, WTI...
Pullback and Breakout A pullback is a temporary reversal in the direction of a trend When the market is trending up, a pullback is a short-term drop in price before continuing the uptrend. When the market is trending down, a pullback is a...
USD/JPY: Simple business tips for beginner traders - April 4 (US session) Review of Trade and Recommendations for Japanese Jeny The 146.16 price test occurred when the MacD indicator has already shifted significantly above the zero line, which...
The British pound (GBP) experienced a significant reversal during Friday's North American trading session, relinquishing its gains from the previous day and dipping below the critical 1.3000 threshold against the US dollar (USD). This downturn was...
The EUR/USD currency pair experienced a retracement towards the critical 1.1000 psychological level following the conclusion of European trading on Friday, effectively surrendering a portion of the gains it had accumulated earlier in the week....