Yearly Archives: 2024

AUDUSD Faces Negative Pressure, Analysts Advise Caution – 09-02-2024

The AUDUSD is currently experiencing a level of negative pressure, creating a technical dilemma for traders. The key focal point is the 0.6500 level,...

NZDUSD Shows Early Positive Signs, Aiming for 0.6228 Target

The NZDUSD pair has initiated today's trading session on a positive note, approaching the anticipated target at 0.6140. The bullish momentum is expected to...

USDCHF Forms Inverted Head and Shoulders Pattern, Anticipates Upside

The USDCHF pair has settled around the 0.8740 level, and a closer examination of the chart reveals the completion of an inverted head and...

USDCAD Continues Bearish Momentum, Eyes Channel Support at 1.3400

The USDCAD pair experienced temporary gains yesterday but subsequently turned bearish, settling around the EMA50 and maintaining the prevailing downtrend on the intraday basis....

Oil Prices Hold Steady, Aiming for Weekly Gains Amid Middle East Tensions

Oil prices showed little change on Friday, maintaining their trajectory for weekly gains as tensions persist in the Middle East. Brent crude futures dipped...

Australia Stocks Marginally Higher; S&P/ASX 200 Up 0.07%

Australia's stock market closed slightly higher on Friday, with gains observed in the IT, Healthcare, and Telecoms Services sectors. At the close in Sydney, the...

Japanese Stocks Hit 34-Year Highs; China Remains Nervous Ahead of New Year Break

On Friday, Japanese shares soared to 34-year highs, contributing to the global market's anticipation of a third consecutive week of gains. Meanwhile, in China,...

Japan Stocks Reach 5-Year High as Nikkei 225 Rises by 0.18%

In Friday's trading session, Japan's stocks saw positive momentum, with the Nikkei 225 achieving a 0.18% gain and hitting a new 5-year high at...

Why is silver so cheap?

In the realm of precious metals, silver occupies a unique position, often overshadowed by its more illustrious counterpart, gold. Despite its historical significance and...

What does spot price mean for gold and silver?

In the realm of precious metals, gold stands as a timeless symbol of wealth and value. Investors and enthusiasts alike closely monitor the movements...

Is zero spread account good?

In the dynamic world of forex trading, investors are constantly on the lookout for strategies and account types that can optimize their trading experience....

What does 1.00 lot size mean?

In the dynamic realm of forex trading, lot size serves as a fundamental concept that plays a crucial role in determining position sizes and...

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