WHAT IS THE MONEY FLOW INDEX ? Money Flow Index (MFI): A Comprehensive Guide *Introduction* The Money Flow Index (MFI) is a technical analysis indicator developed by Gene Quong and Avi Gilburt in 1993. It measures the flow of money into and out of a...
EUR-GBP ANALYSIS CHART The situation on the EURGBP currency pair has not changed much. The 4-hours chart shows that the pair is in a bearish trend. The price is below the Ichimoku cloud, which indicates a downward momentum. This means that a short...
USD/ JPY Market Momentum Shift The price action analysis of the USD/ JPY currency pair is what we will be discussing today. The USD/JPY pair recently broke through the 149.35 resistance level on the hourly chart, signalling the continuation of the...
USD/JPY Technical Analysis Currently, the market momentum is slow. There is a possibility of a downturn in all currency pairs. There is a good chance that the USD/JPY will be in the same condition as the EUR/USD at the moment. On the daily chart, a...
The pair tested levels below the key support of 1.0890 during Tuesday's American session, as the pair gained temporary relief from pressure on the DXY. This followed an announcement from China revealing massive stimulus plans aimed at reviving their...
