Introduction to Bollinger Bands Bollinger Bands are one of the most popular technical analysis tools used by Forex traders worldwide. Developed by John Bollinger in the 1980s, this tool helps traders measure market volatility and identify potential...
AUDJPY H1 Technical Analysis – Testing Resistance at 112.835, RSI 54.71 After Recovery from 112.105 *Technical Structure* AUDJPY H1 is trading at *112.835*, grinding higher after bottoming at *112.105* on June 11. Price remains in a downtrend from...
Based on the provided GBP/USD H4 chart, the pair is in a significant and sustained downtrend. The price has fallen from above 1.3520 to a current low of 1.3402. The chart shows a consistent series of lower highs and lower lows over an extended...
AUD/USD Market Analysis The Aussie commenced Friday trading near 0.7045 after choppy midweek swings. Since June 11th, the price has moved laterally, repeatedly stalling beneath the 0.7060 supply pocket. A sharp rejection wick pushed AUD/USD toward...
TECHNICAL ANALYSIS OF LTCUSDT H4 LTCUSDT 4h chart shows price at 43.32 after bottoming near 41.00. The pair crashed hard from 57.50 in late May down to 41.00 in early June. Since then it's been consolidating in a tight range between 42.00 and 43.50....