Buy Stop and Sell Stop are two types of pending orders in Forex trading that allow traders to enter the market when the price reaches a certain level, but with the expectation that the price will move in the same direction as the trade once it is...
Softening US market data suggests that the Federal Reserve (Fed) may take a less aggressive approach to future rate hikes, which could weaken the US Dollar (USD). According to the CME FedWatch Tool, the odds of a 25 basis point (bps) rate cut at the...
West Texas Intermediate (WTI) crude had a tough week with prices near the key support level of $67.50. This price point has been significant for several years, suggesting that value buyers may step in as the market nears this key area. But the...
The spot prices remained constrained at $2,720 as the US Dollar (USD) and bond yields saw an uptick during Friday’s North American session. Investors are seeking clearer signals regarding the likelihood of a U.S. recession, while also awaiting more...
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...