What is Bollinger bands in forex trading. Bollinger bands are a indicator that comprises of a simple moving average sandwiched between two lines plotting a positive and negative standard deviation – which measures how close prices are to the...
USD/JPY MARKET ANALYSIS During the past week, the bears yielded the initiative to the bulls, the price was pushed up, but the bulls resisted, did not allow long growth to develop. The wave structure here is still building its order downwards, and...
When trading in the foreign exchange (forex) market, one of the most important terms you’ll encounter is “pip.” Short for "percentage in point" or "price interest point," a pip is the smallest price move that a currency exchange rate can make. For...
AUD/ USD: A Roadmap to Successful Trading Our analysis focuses on the current pricing behavior of the AUD/ USD currency pair. I lean toward a continued decline, yet it's unclear if the pair will reverse near 0.6644 or dip back to the support level...
GBP/ USD Exchange Rate We are currently discussing the analysis of the price behavior of the GBP/ USD currency pair. I initially thought the U.S. inflation data would likely be on Thursday, but let's wait and see. I agree that the UK GDP is mostly...