The crosshair will follow the indicator and you can hover over any point on the chart to see the exact price level (y-axis) and time/date (x-axis) at the bottom of the chart. Click and hold the left mouse button and use the crosshair to drag it from...
The recent decline in US consumer and producer inflationary pressures could open the door for the Federal Reserve (Fed) to reduce interest rates in its June policy meeting, potentially limiting further losses for the US dollar. Initially, Barclays...
General points about AUDUSD: At the moment, the AUD/USD market has already broken the 0.6000 level, signaling strong bearish momentum that continues favoring sellers. The pair’s drop below this key psychological level reflects broader strength in...
General Points about EURUSD: The EURUSD market has risen above the 1.1033 level, a clear indication that buyers are gaining strength. This price movement suggests a shift in sentiment, with demand for the euro increasing against the US dollar. A key...
A forex cycle line is a tool used in technical analysis to identify and predict market cycles, trends and potential turning points. It helps traders visualize the cyclical nature of price movements, making it easier to understand when the market is...