GBP/USD Chart Analysis: Bears Apply Pressure to Key Support image According to ICE data, the U.S. Dollar Index futures have reached highs last seen in early July 2024. The dollar’s strength is attributed, in part, to anticipated economic stimulus ...

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Coinbase (COIN) Stock Rises Approximately 18% in Two Days image On 15 October, in our analysis of Coinbase (COIN) stock: → we established a long-term upward channel (shown in blue), → speculating that bulls were aiming to renew the trend from its ...

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Market Analysis: Gold Price Takes Hit While WTI Crude Oil Eyes Upsides image Gold price is declining below the $2,700 support zone. Crude oil price is rising and it could climb further higher toward the $75.00 resistance. Important Takeaways for ...

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How to Measure the Trend Strength with the Average Directional Index? image While identifying the direction of a trend is important, knowing how strong that trend is can provide an additional edge. This is where the average directional index (ADX) ...

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Fed Cuts Rate by 0.25%; Stocks Reach Highs image Yesterday, the Federal Reserve announced a unanimous decision to lower the interest rate from 4.75% to 4.50%, marking the second consecutive cut—a move in line with analyst expectations and ...

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Tesla (TSLA) Stock Surges Following Trump’s Election Win image According to the TSLA chart: → Tesla shares opened this week at $244.25. → By yesterday’s close, the stock had reached $296.52. This reflects a gain of over 21% for the week, with the ...

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Dollar Declines Following Fed Rate Decision image The recent rally of the U.S. dollar, observed during the U.S. election results, has slightly slowed after yesterday's Federal Reserve meeting. As anticipated by analysts, the Fed lowered the base ...

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How Do Traders Identify Overbought and Oversold Stocks? image Identifying overbought and oversold stocks is a key part of technical analysis for traders. These conditions occur when a market’s price moves to extremes—either too high or too ...

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Market Analysis: Gold Price Takes Hit While WTI Crude Oil Eyes Upsides image Gold price is declining below the $2,700 support zone. Crude oil price is rising and it could climb further higher toward the $75.00 resistance. Important Takeaways for ...

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US Nonfarm Payroll Report: Market Insights image Navigating the complex waves of the financial markets requires an astute understanding of various economic indicators. Among them, the nonfarm payroll report stands out as a pivotal monthly metric ...

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USDJPY Technical Analysis – 06th NOV, 2024 USDJPY – Near Support of Channel image USDJPY was unable to continue its bearish momentum and after touching a low of 153.81 the prices started to correct upwards against the United States Dollar today in ...

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USDCAD Technical Analysis – 06th NOV, 2024 USDCAD – Near Horizontal Support image USDCAD was unable to continue its Bearish momentum and after touching a low of 1.3884 the prices started to rise upwards against the United States Dollar today in ...

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NZDUSD Technical Analysis – 06th NOV, 2024 NZDUSD – Near Resistance of Channel image NZDUSD was unable to continue its bullish momentum and after touching a low of 0.6019 the prices started to decline against the United States Dollar today in the ...

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GBPUSD Technical Analysis – 06th NOV, 2024 GBPUSD – Near Resistance of Channel image GBPUSD was unable to continue its bullish momentum and after touching a low of 1.3046 the prices started to decline against the United States Dollar today in the ...

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EURUSD Technical Analysis – 06th NOV, 2024 EURUSD – Near Horizontal Resistance image EURUSD was unable to continue its bullish momentum and after touching a high of 1.0934 the prices started to decline against the United States Dollar today in the ...

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AUDUSD Technical Analysis – 06th NOV, 2024 AUDUSD – Near Horizontal Resistance image AUDUSD was unable to continue its bullish momentum and after touching a high of 0.6644 the prices have started to decline against the United States Dollar today ...

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Trump’s Lead Boosts the Dollar image Early results in the U.S. presidential election indicate a lead for the Republican candidate. A potential Trump victory is seen as favourable for the U.S. dollar, based on Donald Trump's plans to: → increase ...

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Euro and Pound Decline Amid US Election Anticipation image Early in this trading week, the dollar’s rise, likely influenced by Trump’s strong polling figures, has somewhat slowed. Based on technical analysis of major currency pairs, the market ...

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Excitement Builds as Less Than Two Months Remain in the Fourth ForexCup Trading Championship! Hi there, With under two months to go before the end of the fourth ForexCup Trading Championship, the competition is heating up, and the leaderboard has ...

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A New Participant in the ForexCup Trading Championship 2024 - Mihai Ionut Andreana Hi there, We are excited to introduce Mihai Ionut Andreana from Romania as a new ForexCup Trading Championship 2024 participant! With six years of investment ...

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