What Is the Envelopes Indicator? The envelopes indicator is a technical analysis tool used in financial markets. It analyses price movements to identify potential trading opportunities. It consists of two main lines plotted above and below a...
Technical Reference: buy as long as it is above 1.27205 Resistance 1: 1.27745 Resistance 2: 1.27855 Support 1: 1.27205 Support 2: 1.27065 GBPUSD was able to rebound from the weekly low level to break out the bearish channel , the potential increase...
EUR/USD/D1 The euro extended its decline against the dollar for a third consecutive day, reflecting anxieties in the market following the volatile European Union parliamentary elections. Voters across the bloc displayed a strong preference for...
The British Pound (GBP) fell on Friday after three days of gains, as the US Dollar (USD) got stronger. The GBP/USD rate dropped to around 1.2760 when the US Dollar Index (DXY) went above 105.00. This happened even though US economic data on Thursday...
USD/JPY/M15 I wish you good health for everyone who has started the next trading day. Let's analyze the USDJPY pair on the M15 time frame. Fast animations with periods of 9 and 22 are my old and faithful friends. The signals are as simple and common...