WTI crude oil prices stabilized around $68.95 on Thursday, despite a slight increase in US crude oil inventories reported by the Energy Information Administration (EIA). The market's focus remains on geopolitical tensions between Russia and Ukraine,...
Trading strategy with stop loss. What Is a Stop-Loss Order? When the desired price is reached, a stop loss order automatically buys or sells assets, so you don't pay above or sell below market price. Also called a stop order, investors use an...
The GBP/USD currency pair experienced a rebound towards the 1.2650 level during the Asian trading session on Thursday. This upward movement was primarily driven by a weakening US Dollar. The US Dollar Index (DXY), which measures the greenback's...
Why Stop Loss is Mandatory in Forex Trading? In Forex trading, a stop-loss order is a predefined instruction to close a trade automatically when the market price reaches a specific unfavorable level. This tool is not just an option but a necessity...
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