To analyze the current movement of a financial instrument, traders often rely on a variety of technical analysis indicators. Among the most popular and effective indicators are the Extended Regression Stop and Reverse (ERSAR), the Relative Strength...
GBP/USD Analysis The GBP/USD exchange rate was trading around 1.2730, having dropped sharply during Asian trading on Tuesday. Market participants are eagerly awaiting the release of UK labor market data later in the day. Investors seem to be...
The EUR/JPY (Euro to Japanese Yen) currency pair is currently trading at 1.7233 and has been showing a bearish trend. This indicates that the Euro is weakening against the Japanese Yen. The bearish trend in the EUR/JPY suggests that investors are...
BTC-USD PAIR FORECAST Have a nice day and profitable trading to all forum members! I would like to share my vision of the trading situation for the instrument. To begin the technical analysis, I throw the Heikin Ashi indicator on the chart, which...
AUD/USD pair may continue its downward trend and may reach 0.6500. Thus, the wording of the statement and comments by Bullock may determine the future action of the AUD/USD pair. In preparation for the RBA showdown, major banks such as Societe...