At the opening of the market, a price gap can often occur, which is an abrupt jump or drop in the price level between the previous closing price and the opening price. This phenomenon, known as a "gap," can provide valuable information for traders...
Market Fundamentals: Oil prices are under pressure as the possibility of a peace deal between Russia and Ukraine raises concerns about an increase in the global oil supply. A potential easing of sanctions on Russia could flood the market with more...
A Shooting Star is a bearish candlestick pattern that appears at the top of an uptrend. It signals that buyers tried to push the price higher during the session, but sellers eventually gained control and forced the price back down, closing near the...
Market Fundamentals: Germany’s Bundestag is set to vote today on a landmark proposal that could significantly reshape the country’s defense spending strategy. The measure under consideration would exempt defense expenditures exceeding 1% of GDP from...
Hello to all fellow traders and forum readers, Wishing you all a profitable and educational trading journey! Today, I want to discuss the current situation of the GBP/USD currency pair, which is now trading around 1.3308. After spending some time...
