Pips In Trading Pips in Trading In financial trading, particularly in forex (foreign exchange), a "pip" stands for "percentage in point" or "price interest point." It is a standard unit of measurement used to express the smallest price movement that...
West Texas Intermediate (WTI) crude oil prices traded around $73.30 per barrel during the Asian session on Monday, hovering near their highest levels since October 2024. This upward movement can be attributed to several key factors. Firstly, the...
GBP-USD PAIR FORECAST On the H4 timeframe, the price is seen to be below the Moving Average Indicator period 21 and also the Moving Average Indicator period 34, which means that the trend direction is moving in a Bearish trend condition for the...
Shooting Star Candle in Forex Trading A Shooting Star is a bearish candlestick pattern that signals a potential reversal in an uptrend. It is a visual representation of rejection of higher prices and is often used by traders to identify selling...
USD/CHF Technical Analysis: Right now, the USD/CHF pair is trading around 0.8570, and I’m seeing a bearish trend with the price staying below the 50-day moving average (0.8600). Immediate resistance lies at 0.8600 and 0.8650, while support is close...
