What are harmonic patterns and how do they work? Harmonic patterns are based on geometric patterns, but they also apply Fibonacci proportions to determine pivot points more accurately. Many outstanding minds worked on their theoretical basis...
In Forex trading, the spread is the difference between the buying and selling price of a currency pair. It's like the commission charged by a broker for facilitating a trade. The spread is usually measured in pips, the smallest unit of price...
On Friday, the Australian Dollar (AUD) faced downward pressure, influenced by various economic factors shaping global currency markets. However, despite this, the currency’s downside appears restrained, largely due to the Reserve Bank of Australia's...
Spread in Forex Forex trading, or foreign exchange trading, is the process of buying and selling currencies to make a profit. It is the largest financial market globally, with a daily trading volume exceeding $6 trillion. Among the many concepts...
The price of gold is currently in a downward correction, falling below the psychological level of 24002. Despite the dollar index showing no signs of strengthening, the decline in gold prices is likely due to profit-taking by market participants...