Crude Oil: A Comprehensive Price Action Review The discussion currently revolves around the analysis of the Crude Oil price behavior. On the H4 CL chart, the second-to-last closed candle formed a bearish engulfing pattern, coupled with a rebound...
Indexes surge as Adobe falls, Boeing slumps: How is this possible? Stock indices in positive territory The main U.S. stock market indices ended the trading session on Friday higher. Investors focused on the possibility of an interest rate cut by the...
GBP/USD Market Outlook Greetings and Good Morning to all traders! Today, there is no particular news find related to the GBP in the daily microeconomic calendar to follow. Therefore, we have to depend on the US Core retail sales rate to recognize...
EUR/GBP Price Analysis: Bearish momentum intensifies, buyers rejected by the 20 day SMA: The EUR/GBP pair extended its losses on Monday, declining to 0.8425. Technical indicators, including the RSI and MACD, suggest that selling pressure is...
In Forex trading, the spotter tool is an essential feature used for accurate technical analysis. It allows traders to measure and analyze specific price points and time periods on a chart. The reticle provides price (y-axis) and time/date (x-axis)...