The MACD indicator on the daily chart shows a typical buy signal, indicating some buying interest in the market. However, this interest may not be strong enough to drive significant price increases in the near future. Traders should closely monitor...
Good afternoon, all of you. Let's use this weekend to rest our minds and mentality so that we can carry out trading well next week. Then today, I will explain the analysis of EURJPY which has weakened to support 167.80 this week and this could...
TRADING UPDATES This week's price movement in the AudUsd market using a 4 hour time frame, it appears that the candlestick is still controlled by very dominant sellers who are able to control the market so that they can continue to push the price...
WHAT IS A PIVOT POINT? A pivot point is a is a used by forex traders as a price level gauge for potential future market movements. The pivot point indicator is used to bias as well as levels of , which in turn can be used as profit targets, stop...
In our discussion, we'll analyze the price changes of the GBP/ USD Currency pair. The pair attempted to reach the resistance at the 1.2831 reference point. I anticipated that the pair would not only approach 1.2771 but also try to break through the...