Crude Oil (#CL) Technical Analysis Crude Oil (#CL) is trading at 67.72, showing consolidation near the support level of 65.12 and below the resistance at 68.42. The Zigzag Indicator, which filters out minor price fluctuations and identifies key...
If you're planning to start forex trading, I recommend beginning with a demo account. Practice trading with various currency pairs and experiment with different lot sizes to understand the dynamics. If you encounter any challenges, don't hesitate to...
Engulfing Candlestick Pattern in Forex Trading The engulfing candlestick pattern is a two-candle reversal signal commonly used in forex trading to indicate a potential change in market direction. It comes in two forms: bullish and bearish. 1....
NZD/USD Here’s my take on the NZD/USD pair for today, based on both technical and fundamental factors. Technical Analysis: Looking at the daily chart, NZD/USD has been moving within a range recently, and right now, it’s testing key support at...
EUR/USD Technical Analysis: EUR/USD has been stuck in a narrow range today, with 1.0900 acting as solid resistance and 1.0800 holding up as support. I noticed that the pair tried to push higher but couldn’t break above 1.0880, indicating some...
