Today’s Oil Price: Brent Crude & WTI Oil Prices Today
WEB22 hours ago — Brent crude oil opened the year of 2020 amidst an uptrend that began in November 2020 from $38.84 per barrel and continued the rally to $68.72 per barrel until early March 2021. Since the 2022 year opening price of $78.09 per barrel, today’s Brent crude oil price is down 4.61%. WTI crude oil is down 1.15% compared to …
Candlestick Basics: All the Patterns to Master Before Your Next Trade
WEBJul 17, 2024 — Two of the most reliable candlestick patterns are the Morning Star (bullish reversal pattern) and Evening Star (bearish reversal pattern) indicators. They rely on three days’ worth of pricing to identify a trend that may signal a reversal. Engulfing patterns (bearish or bullish) are also fairly reliable since they compare two-day trends.
National Debt Comparisons: Real-Time World Debt Clocks By …
WEB1 — We obtain the latest data regarding the country’s national debt and the 10-year average interest rate they pay on it, like: National Debt: $1,717,879,000,000 10-Year Interest Rate: 2.50. 2 — Using these two figures we can then calculate how much the debt increases per year and subsequently per second.
Learn What Commodity Trading Is (and Decide if It’s for You)
WEBJun 20, 2022 — Trading commodities like crude oil or gold may sound alluring because of the vast sums of money they generate in global commerce. But trading commodities isn’t a get-rich-quick scheme. Like any kind of market speculation, it is a skill that requires knowledge, practice, and dedication. We’ll walk you through the steps involved in commodity ...
When To Use And How To Read The MACD Indicator
WEBMar 27, 2022 — The MACD indicator, also known as the MACD oscillator, is one of the most popular technical analysis tools. There are three main components of the MACD shown in the picture below: MACD: The 12-period exponential moving average (EMA) minus the 26-period EMA. MACD Signal Line: A 9-period EMA of the MACD. MACD Histogram: The MACD minus the MACD ...
Doji Formations: Learn How to Interpret Them to Help Trading …
WEBMar 27, 2022 — A doji is formed when the opening price and the closing price are equal. A long-legged doji, often called a “ Rickshaw Man,” is the same as a doji, except the upper and lower shadows are much longer than the regular doji formation. The creation of the doji pattern illustrates why the doji represents such indecision.
Why is Platinum Valuable & Where Does it Come From?
WEBApr 4, 2022 — Platinum is a dense metal that is also malleable and ductile. It is extracted from ore bodies in mines that contain the platinum group elements (PGMs). These elements – platinum, iridium, osmium, palladium, rhodium, and ruthenium – all have similar chemical, physical and anatomical properties. Miners generally extract platinum from placer ...
Commodities: Learn What They Are to Understand How They’re …
WEBMay 19, 2022 — Commodities are the raw materials that go into making all the goods that we rely on in our daily lives. For example, corn is used to manufacture breakfast cereal. And steel is used to manufacture trucks. They are the building blocks of what an economy produces. Commodities are traded for one another or for money.
How To Master The Bullish Engulfing Pattern (Example Chart …
WEBFeb 9, 2021 — The following 15-minute chart of the S&P 500 exchange traded fund (SPY) is of the 2-day period comprising the Bullish Engulfing Pattern example on the prior page: Day 1: As is seen in the chart above, Day 1 was a down day, even closing the day at the low (bearish sentiment). Day 2: The open was a gap down, very bearish sign; but the bulls ...
US Economy: What Are the Exports and Imports It Relies on Most?
WEBApr 25, 2022 — The U.S is the number one exporter of corn and controls 39% of the export market, followed by Argentina (17%) and Brazil (14%). Corn exports are distributed fairly evenly on a global basis and Japan is the biggest import destination at 12% and Mexico at 11%, with all the other countries taking much less than 10% of the total corn export market.