The crude oil market experienced a significant downturn in the week ending Friday, with Brent crude prices reaching their lowest levels since March 2023 and December 2021, respectively. This sharp decline, which exceeded expectations, was driven by...
What is swing trading in forex market. Any market has two main states: pronounced directional movement up or down (the so-called trend movement) and flat - sideways price movement. Counter-trending strategies involve opening positions before a...
Gold continued its consolidation on Tuesday, showing limited volatility as the tightening continues. Support is held close to the 20-day moving average (MA) at the close of the day. Until gold definitively breaks above this three-week range,...
Shooting Star Candlestick Chart Pattern The Shooting Star candlestick pattern is a popular technical indicator used in stock trading to signal a potential reversal in the upward trend of a security’s price. It is classified as a bearish reversal...
Our expectations differ here. I do not foresee any rapid growth for the GBP/USD currency pair; rather, I anticipate a decline. I currently have open sell positions at 1.3190 and 1.3220, both of which are showing a small profit. My analysis focuses...