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...
Trading plan for forecasting the market movement of the Pound/US Dollar currency pair. The analyzed timeframe is 4 hours. Let's consider the currency pair/instrument from the point of view of the prospects for its further movement in the medium...
WHAT IS MARKET DEPTH PROFILE Market depth profile, also known as market depth or order book depth, refers to the ability of a market to absorb large orders without significantly affecting the price of the security. It is a measure of the market's...
GBP/USD TRADING UPDATES H4 time frame: As an opening for analysis this afternoon I will monitor the journey of the GbpUsd pair which is planned to be the trading choice for next week. Based on observations from the 4-hour time frame chart, it shows...
USD/JPY: The USD/JPY currency pair has faced several difficulties in breaking through the supply area at the price level of 157.36. Every time this area was not breached, the USD/JPY experienced a significant drop. If I remember correctly, this...