Date: 10th September 2024. Market Update – Markets prepare for US CPI Harris-Trump high-stake debate. Financial Markets Performance: *The USDindex found its footing and rose to 101.68 from an overnight low of 101.14. *The USDJPY lifted to 143.21....
What is ATR: average true range full definition The difference between high and low: 1.2121 - 1.2117 = 0.0004, or four points for 4-digit quotes. That is the greatest value of the three possible remainders. The print screen shows that the value is...
Trend-Lines in Forex Trading Trend-lines are simply straight lines drawn on a chart to connect significant price points, revealing the general direction of a market. They act as a visual guide for traders to understand where prices may be heading....
GBP/USD My expectations of a northern correction yesterday did not come true, as GBP/USD quotes continued their downward movement, consolidating below the 1.3122 level. Today, during the Asian session, the movement continued in the southern...
In the hourly timeframe, GBP/USD broke below the 1.2505 pivot point last Friday. The price is hovering around the 1.2658 level, showing signs of a bullish correction. The stochastic indicator, trading below the 30 level, has crossed upward,...