Brazil is affected by low corn and soybean prices since they are among its biggest foreign exchange earners. Sugar, another top export, has dropped by over 33% from its highest point in 2023.

Key takeaways: Bitcoin (BTC) price broke out from a descending trendline pattern after forming a local bottom at $100,300 on June 6, and now the asset looks set to retest its all-time high. On the ...

The world of financial markets can shift in moments, and newcomers often find themselves drowning in a sea of numbers, charts ...

Bitcoin's BTC $110,770.05 spot price has surpassed $111,000 and could rise by another 30% to exceed $140,000. That's the ...

Price and stock chart patterns occur frequently and can happen at any point after an uptrend or a downtrend. Periods of consolidation are normal. However, chart patterns are not always correct.

Multiple failed attempts to recover above $2.340 between 13:38-13:41 created a lower high pattern. Renewed selling pressure emerged at 13:47-13:50, driving XRP to session lows near $2.326 with ...

XRP gained 4% to $3.51 after breaking a six-year triangle pattern as Congress advanced crypto legislation and ProShares ...

This pattern is confirmed when the stock falls below the two low points, or troughs, that were created. Conversely, a double bottom will look like a "W" rather than an "M".

The SPY dropped to a low on June 25th of $146.66 which was just above the monthly pivot support (green line) at $146.44. This is one of the entry techniques that I teach in my Viper Trading lesson .

But while low spreads are essential, understanding the patterns that drive oil prices can be equally crucial. Why spreads matter in oil trading When trading oil, every point counts.