STOCHASTIC OSCILLATOR STRATEGY The Stochastic Oscillator is a popular technical indicator used in financial markets to predict price movements and identify overbought and oversold conditions. Developed by George Lane in the 1950s, the Stochastic...
On the reverse trading, a breached and sustained consolidation above 1.2800 will invalidate my bullish bias, and change the outlook of the currency pair entirely. The Bulls are likely to take control if the pair manages to hold above this level,...
In my morning forecast, I paid attention to the 1.0722 level and planned to make decisions on entering the market from it. Let's look at the 5-minute chart and figure out what happened there. Declines and the formation of a false breakdown gave a...
GOLD H-4 Timeframe Analysis: There is a movement against the dollar, which indicates the growth of gold. I am sure that gold will continue to move north. And you need to go to 2388. It is likely that the next trading session will bring a northern...
GBP/JPY Pair Analysis: Bearish Trend Expected Next Week The GBP/JPY currency pair has shown significant resistance at the 200.62 level on the H4 time frame. This resistance level has proven to be a formidable barrier, with the price failing to...