I see the breakout above the 1.1200 level as a significant development for EUR/USD, especially since this price marks the 61.8% Fibonacci retracement level—a key point that often signals strong continuation potential. I recognize that this level...
GBP/USD: Simple business tips for beginner traders on April 11 (US session) Decomposition of trade and tips for trading with a British pound The price level of 1.3024 occurred just at a time when the MacD indicator began to move up from the zero...
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I am observing a downward trend on the four-hour chart for the AUDCAD pair, and I am perfectly fine with it continuing for now. I have noted that the price could not push through the key platform level at 0.8436, which I consider significant for the...
Brent crude oil prices experienced a brief surge of approximately 1% during Asian trading hours, only to succumb to renewed downward pressure following the European market opening. This initial rebound from near four-year lows was fueled by...