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Crude Oil Technical Analysis: 13/07/2023
The price of crude oil remained above the $70 level against the US dollar and managed to surpass the resistance level of $72.50. By examining the 4-hour chart of oil, you will notice that the price moved above the $73.50 level and settled above the 100-day
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Technical Analysis of AUD/USD; 2023/07/05
After a significant decline against the US dollar, the Australian dollar created its support level near 0.6600. Then, AUD/USD declined to the level of 0.6595 and recently started a corrective upside move. Looking at the four-hour chart, you will notice that
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Technical analysis of AUDUSD on 4-hour timeframe: 02/05/2023
Given the price movements of the AUDUSD currency pair and the formation of a bearish butterfly pattern, it is expected to create a long-term downtrend. If the level of 0.66967 is broken, it is expected first to touch the support level of 0.66427, and then
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Technical analysis of S&P stocks in 4 hours; 2023-02-12
The S&P stock has created a harmonic pattern in its downtrend movement after breaking the trend line with a higher slope in the higher time frame. Currently, facing a resistance level from the previous movements and in the range of 4136.85, three ranges
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Federal Reserve interest rate and its effect on ecomomy
The Federal Reserve interest rate, also known as the federal funds rate, is the rate at which banks and credit unions lend and borrow money from each other. This interest rate is set by the Federal Reserve and is subject to change at any time. Changes in this
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What is the Most Profitable Trading Method for Beginners in the Forex Market?
The forex market is one of the most complex and risky financial markets in the world. If you operate on it consciously and with sufficient knowledge, you can make reasonable profits on this market. The question is, how can Forex market be profitable for
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3 Profitable Forex Strategies for Beginner Traders
What is a forex trading strategy? A trading strategy is a method of trading. It is very important for a trader in the financial markets to have a trading strategy just as in a battle between two armies or in a soccer match between two teams. Strategy means
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The Best Forex Trading Currency Pairs for Beginners 2022
Since the purpose of entering the forex market is to make money from this market, if you decide to enter the market as a beginner, you need to learn the basics of this market very well. The first step is to familiarize yourself with currencies and the meaning
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Golden Rules of Trading
Trading is not always easy, and every trader needs to be aware of trading strategies to be successful. Many novice traders always search the web or books to find the successful traders’ strategies. If you also want to know how professional traders
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How to Trade Forex with $100?
If you are a beginner or do not have a big account and just want to begin trading Forex with low initial capital, we recommend reading this article. You may be wondering if you can start trading Forex with $100; The answer is “yes.” But as a