In the dynamic world of Forex trading, understanding different order types is crucial for effective trading strategies. Among these, Buy Stop and Sell Stop orders play significant roles, enabling traders to capitalize on price movements when they...
West Texas Intermediate (WTI) crude had a tough week with prices near the key support level of $67.50. This price point has been significant for several years, suggesting that value buyers may step in as the market nears this key area. But the...
As I already wrote, a bullish wolf has formed on the hourly chart for the pair, and the 7th Wolfe wave has been building for a while, but gold has not been able to make any progress. While the price began to rise yesterday, it couldn't get off the...
D1 period chart - USDJPY trading instrument. MACD indicator is in the upper zone and is growing above its signal line. The descending wave structure has already broken. Earlier, the descending line and the horizontal resistance level of 145.00 built...
The price has remained stable against the US Dollar (USD), supported by two consecutive months of rising real wages in Japan. In July, Labor Cash Earnings increased by 3.6% year-on-year, down from June’s 4.5% but still marking the highest level...