Crude Oil – 27.09.2024 – Orbex Forex Trading Blog

FUNDAMENTAL OVERVIEW USD: The US dollar weakened across the board on Monday after Trump told CBS that “the war could be over soon.” Traders unwound some of their positions as expectations of a quick resolution led to a repricing of hawkish interest-rate bets, putting pressure on the greenback. The dollar extended those losses yesterday as…

Gold price started another increase and surpassed the $2,440 resistance. Crude oil is showing bearish signs and might decline below $75.00. Important Takeaways for Gold and Oil Prices Analysis Today · Gold price started a steady increase from the $2,420 zone against the US Dollar. · A key bullish trend line is forming with support…

The Triangular Moving Average (TMA) is a type of moving average that places more weight on the middle portion of the data, creating a smoother line compared to standard moving averages. On the MT4 platform, the TMA indicator helps traders identify trend direction with reduced noise. It’s ideal for swing and trend traders who want…

The MT4 Round Number Indicator solves this by automatically plotting these critical levels on your charts. No more manual line-drawing or guesswork. You’ll see exactly where institutions and retail traders cluster their orders, giving you the edge to time entries, set stops, and identify reversal zones before price gets there. What Round Numbers Mean in…