Daily Trading Chat On GBPUSD: Let's look at the GBPUSD trading instrument - the D1 period chart. Judging by how the price does not want to fall, it most likely will not do so. And let there be a downward resistance line and a bearish divergence on...
* EURUSD: Bearish below 1.0880, targeting the levels of 1.0800, 1.0760 and 1.0710 * Bullish prospects above the level of 1.0880 with potential targets at 1.0940, 1.0970 and 1.1000 ...
Money flow index The Money Flow Index (MFI) is a technical indicator used in trading to gauge the strength and direction of money flow in a market. Developed by Gene Quinn, MFI is a popular indicator among traders and analysts, as it helps to...
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The NZD/USD currency pair has been garnering significant attention from forex traders seeking profitable opportunities. A closer examination of buy signals has revealed promising prospects for long positions in this pair. To understand the factors...