West Texas Intermediate (WTI) crude oil prices extended their bullish momentum on Friday, marking the sixth consecutive day of gains and reaching a two-and-a-half-month high of $73.39 per barrel during the Asian trading session. This upward...
GBP/USD Analysis: Hourly Chart Overview Current Market Trend Observing the GBP/USD hourly chart, it is clear that the market has followed a strong bearish trend over the past few hours. The price has moved downward, exhibiting consistent selling...
Profitable Trading Strategy A profitable trading strategy typically combines several key elements to maximize returns and minimize risks. Here are some general principles and strategies that traders use to create a profitable approach: Risk...
The euro experienced a slight decline during Thursday's trading as market activity picked up after the holiday period. However, there are emerging signs that a reversal might be on the horizon. The outlook for the US dollar remains mixed, though the...
Technical Analysis Technical analysis is a method used by traders and investors to evaluate and predict the future price movements of financial assets, such as stocks, currencies, commodities, and cryptocurrencies. Unlike fundamental analysis, which...
