Welcome traders! As observed since September 10, the divergence between the price action and the Stochastic indicator suggests a potential rebound, although the overall bearish trend signals further downward movement. The bearish divergence the RSI...
The Euro’s trajectory for the rest of the year will be closely tied to market expectations surrounding the European Central Bank’s (ECB) interest rate decisions. The ECB is anticipated to implement one interest rate cut during its two remaining...
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...
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...
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...