(M4) Intraday: the bias remains bullish.

Pivot

82.40

Our preference

Long positions above 82.40 with targets at 83.25 & 83.70 in extension.

Alternative scenario

Below 82.40 look for furt...

Crude Oil (WTI) may rise to 83.25 - 83.70

ST: the upside prevails.

Pivot

1.3560

Our preference

Long positions above 1.3560 with targets at 1.3900 & 1.4030 in extension.

Alternative scenario

Below 1.3560 look for further downsid...

USD/CAD may rise to 1.3900 - 1.4030

EURUSD

While traders wait for the updated GDP data, US economic expansion has been robust, with a notable increase in GDP growth at an annualized rate of 3.4% in Q4 2023. This growth has bee...

3 Markets to Watch This Week

This is how to use the profit calculator

(0.01) X 100,000 = the potential profit and that would be $1,000.

However if the closing price is worse than the buy price, then the loss would be the equivalent amount.

If the account’s base currency is denominated in EUR, then $1,000 would have to be converted to the EUR equivalent at the current EURUSD rate of exchange.

The accounts base currency is denominated in USD

The profit (or loss) will be calculated as;

The difference between the buy and sell price (1.2100 – 1.2000) = 0.01.

Here is an example how profit (or loss) is calculated

Forex Profit Calculator

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Profit calculator

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Calculate your potential for profit or loss

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Why use a profit calculator?

Right-click on the financial instrument (symbol).

Select Specification from the menu that appears.

The symbol description window will open where you can find all the specifications for that instrument.

Contract specifications refer to various parameters and outline the terms associated with a particular instrument or asset class. They essentially dictate the trading conditions and help traders understand the nuances between markets and how trades will be executed on the platform.

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Contract specifications

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