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Several market players lose their trades and even get their accounts blown up by insisting on shorting at the “top” and going long at the “bottom.” In fact, while it may not be the number one cause of death of traders’ accounts, I can…

Share: WTI Oil trades near $70 and briefly broke below it on Wednesday and Thursday.  Oil outlook supports…

Japanese GDP and JPY AnalysisJapanese Q3 GDP revised lower as inflation weighs on spendingJapanese government bond yields recover sharply, buoying the yenNon-farm payrolls could extend recent moves on weaker jobs dataThe analysis in this…

The Effect of Macroeconomic Indicators on the Forex Market : The forex market is the largest and most liquid financial market in the world, with an average daily trading volume of over $5 trillion. The value of one currency…

CHF/JPY dropped sharply earlier this week, enough to hit a key support zone. Can the pair maintain its long-term trend? Or will we see a breakout today?It’s a battle of the safe havens today as we check out what’s up with CHF/JPY’s…

Share: Cycle from 10.4.2023 low in Nikkei Futures (NKD) is in progress as a 5 waves Elliott Wave diagonal. Up…

OIL PRICE FORECAST:Oil Fails at the $70 Hurdle Before Sliding Further.President Putin Makes Rare Visit to Middle East as Saudi Arabia and Russia Reiterate Importance of OPEC+ Voluntary Cuts.Chinese Imports and Oil Demand from Refineries…

Hello Traders, we had a trade on EURJPY on H1 time-frame that today 06 December 23 the market already moved +2600 Points! In this trade we had first a breakout of red triangle of the Italo Triangle Indicator showing that the…

In the world of forex trading, precision and accuracy are paramount. Traders are constantly seeking tools and strategies to help them make informed decisions and maximize their profits. One such tool that has gained popularity among…

Share: The GBP/USD pair consolidates in a narrow range of 1.2583–1.2600 during the early Asian session on…