News for trading Today, we have low-impact news only. The forex market is going to be calm today unless there is breaking news which of course will cause the market to move much. There won’t be enough volatility in the forex market today. To be on...
General Points about NZD/USD: The NZDUSD market is still following a bullish concept. Price action indicates steady upward momentum, with buyers maintaining control over recent sessions. Technical indicators, including moving averages and...
The narrower the spread, the easier it is for day traders to achieve profitable trades. A smaller spread allows traders to enter and exit positions more efficiently, minimizing the impact of transaction costs on potential gains. Spreads can...
The provided chart represents the hourly price movement of crude oil (#CL) with Bollinger Bands and the Stochastic (5,3,3) oscillator. The price action shows a clear downtrend, characterized by lower highs and lower lows, along with the consistent...
Bitcoin Price Analysis: Current Trends and Future Projections Bitcoin (BTC), the leading cryptocurrency by market capitalization, has been a focal point for investors, traders, and analysts alike. In recent weeks, Bitcoin has shown a notable...
