Technical Indicators Technical indicators are tools used in financial analysis to evaluate price movements, trends, and potential market direction. They are often employed by traders and analysts in various forms of technical analysis to make...
Trading journal Saturday, December 7, 2024 USDCAD Assalamu'alaikum, Good morning forum friends, how are you today? Hopefully you are in good health so that you can carry out your routine well. How were the trading results over the past five days?...
AUD / CHF: My Trading Recommendation My recommendation for the AUDCHF is that the bulls can enter the market with confidence. The Swiss economic or financial data has not been positive recently, creating a supportive backdrop for bullish momentum....
GBP/USD From my perspective, GBP/USD is hovering around 1.2650 and seems to be consolidating within the 1.2600-1.2700 range. On the daily chart, I’ve noticed that: The pair is staying above its 50-day moving average, around 1.2600, signalling some...
AUD / NZD: An hourly Time Frame Recommendation The New Zealand Dollar is stronger than the Australian Dollar, reflecting a change in the AUDNZD currency pair. This week, the Australian Dollar faced negative data, including weak economic indicators...