Pivot Points are a popular technical analysis tool used to identify potential support and resistance levels in financial markets. Originally used by floor traders in equity and commodity exchanges, they are now widely used in forex, stocks, and...
Crude oil prices experienced a temporary boost on Wednesday, primarily driven by a significant decline in US crude oil inventories reported by the American Petroleum Institute (API). This unexpected drop in inventories, exceeding market...
Market Outlook: Insights and Strategies Greetings, everyone! A warm welcome to Interlock's Trading Journal. How are you today? I trust you’re doing well and reaping the rewards of our recent Bitcoin analysis. Yesterday, Bitcoin tested the 106,500...
THE CURRENCY PAIR GBP-USD Hi. I think the same about the southern targets, towards the 23rd figure. It is too early to consider a full-fledged return of the southern move on the GBP/USD instrument, since the bears made good points for a return...
Welcome to Today’s Live Trading Discussion: USD Index and Gold Analysis Good morning, traders! Let’s dive into today’s live trading session with a closer look at the USD index and Gold. Yesterday, the USD index displayed a strong bullish trend,...