What is the Commodity Channel Index (CCI)? The Commodity Channel Index (CCI) is a momentum-based oscillator developed by Donald Lambert in 1980. It is primarily used in technical analysis to identify cyclical trends in the prices of a wide range of...
The euro is currently facing a precarious situation. It dipped below the 1.0689 level yesterday and could potentially fall further. While the key support level of 1.0670 is unlikely to be breached immediately, there's a chance the euro might enter a...
Today, we'll examine the recent price trends of the EUR/USD currency pair. Analyzing the daily time frame chart, we can see a descending wave pattern, and the MACD indicator suggests a bearish market. By applying the Fibonacci grid to the initial...
EURUSD ANALYSIS Assalamu'alaikum warohmatullahi wabarokatuh, Good afternoon, friends from the forum wherever you are. I hope your routines are going smoothly and enjoyable. Regarding trading, how are you all doing so far? Have you achieved your...
EUR/USD Analysis: Bearish Steady Continues Attempts to pull the EUR/USD pair back to its peak earlier in the trading week were unsuccessful as the pair quickly returned to a strong downtrend and gains failed to exceed the 1.0746 level. Stabilized at...