General Points of GBPUSD: Currently, the GBPUSD market is trading at the 1.2655 level, showing some consolidation at this price point. The UK CPI (Consumer Price Index) and Monetary Policy Report, which were closely monitored, have not provided any...
Gold Analysis Spot gold is trading at $265.58 an ounce and is trading sideways at a high level. With support at 2630 and pressure at 2678, the support and pressure levels are both high and low. Gold broke above the morning high at 2655 today after...
Why Stop Loss is Mandatory in Forex Trading? In Forex trading, a stop-loss order is a predefined instruction to close a trade automatically when the market price reaches a specific unfavorable level. This tool is not just an option but a necessity...
As a result, the EURUSD currency pair quotes are not falling very well, yes, yesterday there was a fall to the level of 1.0508, but then there was a rebound and today the 1.0555 mark will be an important level based on the closing prices and it will...
Trading strategy with stop loss. What Is a Stop-Loss Order? When the desired price is reached, a stop loss order automatically buys or sells assets, so you don't pay above or sell below market price. Also called a stop order, investors use an...
