Oil contract prices soared after OPEC confirmed last week’s rumours, announcing a cut of more than 1 million barrels a day, equivalent to about 3% of production. The White House (USA) reacted immediately, accusing the organization of being “reckless”, as limiting production generates a shortage of supply, causing an appreciation of oil that, in the...
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Market Analysis: Oil Soars on OPEC’s Cut
What Is Forex VPS, and How to Use It for Uninterrupted Trading
Traders strive to find the most advantageous trading conditions and the greatest potential for profits in Forex trading. In today’s trading landscape, automation and efficiency have emerged as two critical factors. To achieve success, traders must consider how to integrate these elements into their trading strategy, beginning with the proper technology infrastructure. Trading can be...
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FIBONACCI – The Powerful Tool for Trading
You may have heard that professional traders frequently discuss the significance of Fibonacci numbers and how they inform buying or selling decisions. But how does the role of these ubiquitous levels, rooted in straightforward mathematics, play in the market’s movements? The Fibonacci sequence is a significant set of numbers and ratios that occur in various...
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