This is the most common MACD signal. A bullish crossover occurs when the MACD line crosses above the signal line. A bearish crossover happens when the MACD line crosses below the signal line. Crossovers can be used as a buy or sell signal.Example:...
USDJPY Price Action Recap The USDJPY market pair that was transacted on Wednesday was dominated by sellers who managed to push the price down bearishly but were not able to break out of the buyer support area at 144.32-144.33, which was maintained...
News for trading Today we have high-impact news. The high-impact news involving various currencies. We have some low and medium-impact news as well. There will be much volatility in that area and with any pair related to the currencies seen below....
In early Asian trading on Wednesday, West Texas Intermediate (WTI) crude oil, a key benchmark for US crude, was trading at approximately $57.25 per barrel. This price point marked a continuation of a downward trend for WTI, which subsequently...
The EUR/JPY currency pair faces potential bearish pressure as it trades below the pivot point located precisely at the 161.56 level. Technical indicators currently signal caution, with the Relative Strength Index positioned beneath the neutral 50...
