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...
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...
Buy Stop and Sell Stop are two types of pending orders in Forex trading that allow traders to enter the market when the price reaches a certain level, but with the expectation that the price will move in the same direction as the trade once it is...
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...
Bitcoin is nearing a critical moment as traders closely monitor for signs of either a breakout or level manipulation. On the daily timeframe, Bitcoin is trading at $68,180, approaching the significant resistance zone near $69,000. This level has...