Good Morning Traders, Welcome to Today's Live Trading Session! Yesterday, we witnessed strong momentum in the USD index, climbing from 100.18 to 100.95. Although it tried testing the 100.98 resistance, it failed to break through. This instability in...
The GBP/USD currency pair has experienced significant price changes. A bullish buying signal was triggered, indicating potential growth and a bullish trend. Recent trading activity confirms that the bulls have made a noteworthy upward move, and the...
The GBP/USD pair experienced a notable pullback on Wednesday, dipping below the 1.3400 level amid a broader decline in risk appetite across the market. Sterling's recent one-sided uptrend was halted, while the dollar recovered its recent losses....
EUR/USD ANALYSIS D1 Period Chart On the daily chart of EURUSD the wave structure is still built in an ascending order, the MACD indicator is in the upper zone of purchases. The past trading week was multidirectional, but in the end the buyers gained...
The Money Flow Index (MFI) is a momentum indicator that measures the flow of money into and out of a security over a specified period of time. It is related to the Relative Strength Index (RSI) but incorporates volume, whereas the RSI only considers...