What Is a Standard Deviation, and How Can You Use It in Trading?
Understanding market volatility is essential for effective trading, and one of the most valuable tools for measuring it is standard deviation. This gauge quantifies the dispersion of asset prices around their mean and provides insights into the variability and potential risk associated with a...
Brent Crude Oil Consolidates Ahead of OPEC+ Meeting
The ATR indicator on the XBR/USD chart has dropped to its lowest level since early autumn, signalling reduced volatility. This likely reflects market participants awaiting announcements from the OPEC+ meeting scheduled for 1 December.
Overall, Brent crude prices remain under pressure due to:
→ reduced tensions...
What Is a Stock Average Down and How To Use It
Averaging down is a strategy usually used by investors to reduce the average cost of a stock by purchasing additional shares when the market declines. This approach can potentially improve returns if the stock rebounds. However, the strategy can be applied to other markets and used by traders. This article delves...
Spotify (SPOT) Shares Hover Near All-Time High
According to the Spotify (SPOT) chart:
→ The stock price has risen by over 150% since the start of 2024.
→ It has formed an ascending channel (marked in blue).
→ Growth accelerated in November, surpassing the $400 level and climbing to around $470.
The large bullish gap on 13 November followed the release of a Q3...
S&P 500 Index Hits a New Record
As shown on the S&P 500 chart (US SPX 500 mini on FXOpen), the stock index has reached a new record, surpassing the high set on 11 November.
Bullish sentiment on Wall Street was driven by the announcement that Trump has selected Scott Bessent, a renowned investor and hedge fund manager, as Treasury Secretary.
A technical...
Market Analysis: USD/JPY Dips
USD/JPY is declining and showing bearish signs below the 154.00 level.
Important Takeaways for USD/JPY Analysis Today
- USD/JPY is trading in a bearish zone below the 155.00 and 154.00 levels.
- There is a major bearish trend line forming with resistance near 153.60 on the hourly chart at FXOpen.
USD/JPY Technical Analysis...
Market Analysis: EUR/USD Attempts Recovery
EUR/USD is recovering losses from the 1.0335 zone.
Important Takeaways for EUR/USD Analysis Today
- The Euro struggled to start a fresh increase and declined below the 1.0500 zone.
- There is a key contracting triangle forming with resistance at 1.0500 on the hourly chart of EUR/USD at FXOpen.
EUR/USD Technical...
What Is a BTST Strategy, and How Does One Trade It?
BTST (Buy Today, Sell Tomorrow) is a popular short-term trading strategy where traders buy shares one day and sell them the next to capitalise on overnight price movements. This article delves into the mechanics of BTST, its advantages and risks, and practical steps for implementing this strategy effectively.
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How Black Friday Could Impact the Stock Market in 2024
Black Friday, one of the most anticipated and significant days in retail, falls on the Friday following Thanksgiving in the United States. This day is considered an early indicator of the success of the Christmas shopping season and can serve as a trigger for the so-called "Santa Claus rally" – a period of...
Kill Zone Trading in Forex
Kill Zones represent key periods when market volatility and trading volume surge. This article delves into the concept of Kill Zones, their strategic importance, and practical insights on how traders can leverage these windows for effective trading.
Understanding Kill Zones
Why do ICT Kill Zones matter? A Kill Zone in forex trading...
EUR/USD Breaks 2023 Low
Today’s PMI figures were released and came in worse than analysts’ expectations. The Flash Manufacturing PMI and Flash Services PMI for both Germany and France fell below the 50.0 threshold, indicating that Europe’s economy is slowing down.
This weakened the euro further and exacerbated the situation on the EUR/USD chart, which has been...
Alphabet Inc. (GOOGL) Shares Drop Over 4.5% in a Single Day
As the chart shows, during yesterday’s trading session, the stock price of Alphabet Inc. (GOOGL), the parent company of Google, declined by more than 4.5%. The drop was driven by regulatory pressure on the company concerning its Chrome browser, which may face a forced sale or breakup.
The US Department...
Analysis of XAU/USD: Gold Price Rises by 5% in a Week
As shown in the XAU/USD chart, last Thursday, the price of gold dropped below $2,540. Today, however, the precious metal has surged above $2,660 per ounce.
The more than 5% weekly increase was driven by a new wave of international tensions, particularly the escalation surrounding the approval for Ukraine to...
Nvidia (NVDA) Stock Drops Following Earnings Report
On 13 November, we analysed Nvidia’s (NVDA) price chart and noted:
→ The continuation of a long-term upward channel (highlighted in blue).
→ A consolidation below the psychological $150 level, forming a narrowing triangle along the Quater Line, which divides the lower half of the channel.
On 20 November,...
How To Trade Natural Gas: Tools and Approaches
Natural gas trading presents unique opportunities due to its critical role in the global energy market and its inherent volatility. This article delves into the various strategies and tools traders can use to navigate natural gas CFDs, from fundamental and technical analysis to understanding market dynamics.
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Morgan Stanley: Trump’s Tariff Plans Could Lower Stock Indices
As reported by CNBC, Morgan Stanley analysts have evaluated the potential impact of tariff plans proposed by Donald Trump during his presidential campaign on the U.S. economy and stock market.
Key initiatives from the president-elect include:
→ Introducing a general tariff of 10% to 20% on all...
Market Analysis: NZD/USD Recovers - More Gains Ahead?
NZD/USD is also correcting losses and might recover if there is a clear move above the 0.5950 resistance.
Important Takeaways for NZD/USD Analysis Today
- NZD/USD is attempting a recovery wave above the 0.5880 resistance.
- There was a break above a major bearish trend line with resistance near 0.5860...
Market Analysis: AUD/USD Recovers - More Gains Ahead?
AUD/USD is attempting a recovery wave from 0.6440.
Important Takeaways for AUD/USD Analysis Today
- The Aussie Dollar found support near 0.6440 and is now recovering against the US Dollar.
- There was a break above a key bearish trend line with resistance at 0.6480 on the hourly chart of AUD/USD at...
