The Absolute Strength Index (ASI) Oscillator is a technical indicator used in forex trading (and other markets) to measure the strength and direction of market trends. It was designed to enhance trading decisions by combining elements of both...
The USD/CAD pair on the H1 timeframe is demonstrating a clear bullish trend, characterized by a consistent pattern of higher highs and higher lows. This upward momentum is supported by the price trading firmly above key moving averages, reflecting...
The euro remains within bounds amid uncertainty The euro saw choppy trading during the early hours of Friday, oscillating around the 1.03 level as market participants appeared hesitant to commit to a clear direction. This lack of momentum suggests a...
The analysis of the GBP/JPY chart on the hourly timeframe reveals a mix of sideways consolidation and directional movement. The pair is trading within a well-defined range between 189.60 and 196.60, reflecting a volatile market with limited breakout...
Silent Points about GBPUSD: It is possible that today the GBP/USD market could break the 1.2279 level. High-impact news events from the U.S. are expected to play a significant role in changing the market's direction. Economic indicators such as...
