Tag: price
Copper Prices Lose Positive Momentum – Forecast for December 2, 2024
Jennifer -
Copper prices continue to fluctuate around the $4.0600 level, with the 55-day moving average (MA55) providing some support. However, the stochastic indicator's stability in...
Platinum Prices Continue to Decline – Forecast for December 2, 2024
Jennifer -
Platinum prices have reinforced their bearish trend by testing the $950.00 level last Friday, failing to break above it and now trending lower towards...
Natural Gas Prices Open with Downward Momentum – Forecast for December 2, 2024
Jennifer -
Natural gas prices have begun the day with a bearish gap, breaking below the $3.190 level, confirming the continuation of the previously anticipated correctional...
EURCHF Price Set to Remain Bearish Below Resistance – Forecast for December 2, 2024
Jennifer -
The EURCHF currency pair continues to consolidate below the resistance level of 0.9338, maintaining its bearish trend. The price is currently fluctuating around the...
What is the Ideal Spread in Forex?
Jennifer -
In the world of forex trading, one of the key factors that traders must consider when entering the market is the spread. The spread...
What is a Lot Size in Forex?
Jennifer -
Lot size in forex trading refers to the amount of currency being traded in a transaction. Understanding lot size is crucial for traders as...
What is the Main Use of Bitcoin?
Jennifer -
Bitcoin, the world's first decentralized cryptocurrency, has evolved significantly since its creation in 2008 by the pseudonymous figure, Satoshi Nakamoto. While initially met with...
EURGBP Faces Negative Pressure – Forecast for November 29, 2024
Jennifer -
The EURGBP continues to trade within a bearish channel, with the price recently facing resistance around the key level of 0.8360. This has led...
Bitcoin Price (BTCUSD) Resumes Upward Trend – Forecast for November 29, 2024
Jennifer -
Bitcoin (BTCUSD) has resumed its upward momentum, successfully breaching the $95,820 level and attempting to maintain trading above this threshold. This move is expected...
GBPJPY Finds Strong Support and Faces Potential Bullish Reversal – Market Forecast for November 28, 2024
Jennifer -
The GBPJPY pair has recently encountered solid support at 190.70, halting the previous downward movement. This support, coupled with stochastic positivity, has led to...
EURJPY Pauses Decline and Shows Signs of Bullish Reversal – Market Forecast for November 28, 2024
Jennifer -
The EURJPY pair has maintained stability above the 23.6% Fibonacci retracement level at 195.25, reducing the downward pressure and signaling the potential start of...
Natural Gas Price Faces Resistance and Declines – Market Forecast for November 28, 2024
Jennifer -
Natural gas prices have once again struggled below the $3.570 resistance level, responding to ongoing bearish pressure as indicated by the negative stochastic readings....