The Accumulative Swing Index (ASI) is a technical analysis indicator used to evaluate the long-term trend of a financial instrument (such as a stock, currency, or commodity). It builds upon the concepts of the Swing Index (SI) by aggregating its...
Technical analysis of gold On the 1-hour chart, the price started trading today within the price channels shown on the chart. Where we have the red channel with a downward trend, representing the direction of price movement during trading last...
EUR/ USD Price Movement Let's analyze the current price behavior of the EUR/ USD currency pair. I have been considering the possibility of growth since the weekend. They may not let me go south so easily. However, one way or another, the resistance...
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Technical Analysis of Gold and Market Sentiment The gold market is currently in an uptrend, showing strong bullish momentum. This morning, it dropped to 2688 but quickly moved up. The price of gold is presently hovering at 2706. On the hourly chart,...