The Relative Vigor Index (RVI) is a momentum-based technical indicator used in forex trading to measure the strength of a trend. It is based on the principle that in an uptrend, the closing price tends to be higher than the opening price, while in a...
As of March 4, 2025, the exchange rate for the US Dollar to Canadian Dollar (USD/CAD) has been experiencing notable fluctuations, with the Canadian Dollar (CAD) trading within a range of 170 pips. Ultimately, the CAD managed to stabilize above the...
Technical analysis of EURGBP Today we will perform technical analysis on EUR/GBP. The market also broke through the support level, and now the support level is set as resistance, which will be the next support level for the market. Market interest...
Crude Oil Trend Shift Analysis We're discussing the analysis of Crude Oil's current pricing behavior. After yesterday's significant decline, today may not rise above $69.17, but until bearish volumes begin to decline, growth above 68.48 is...
GBP-USD PAIR FORECAST The last few weeks the GBPUSD currency pair has actually been forming a price narrowing to go to the supply area at a price of 1.274xx - 1.278xx in my opinion for now the seller is indeed dominating and our task is to focus on...