Aroon Oscillator The Aroon Oscillator is a technical analysis tool used in forex trading (and other markets) to identify the strength and direction of a trend. It helps traders determine whether a currency pair is trending or moving sideways...
GBP/USD – Weekend Week Ahead As we head into the weekend, I’m watching GBP/USD, which is sitting around the 1.2450 level after a pretty choppy week. The pair dipped close to 1.2400 before bouncing a bit, but overall, the momentum still feels a bit...
The Australian dollar (AUD) found it difficult to maintain steady demand on Friday, even with broad selling affecting the US dollar (USD). The AUD/USD currency pair had trouble benefiting from the weakness of the dollar, staying just slightly above...
Chart D1 - EURUSD currency pair. Last week was growing, the US dollar weakened against other instruments. Growth was possible in principle along the ascending wave structure, but I think few expected it to be so large. Fundamental factors, duties...
AUD/JPY is currently in a phase of change in its price pattern following a significant drop. The price began above the 94. 00 mark and consistently moved downward, creating a series of higher lows and lower highs that reinforced negative sentiment....
