When the dots are below the price, it indicates an uptrend and traders can look for buying opportunities.Calculation of parabolic SAR Parabolic SAR is calculated using the following formulas: SAR (current) = SAR (previous) + AF * (EP - SAR...
Forecast of Crude Oil The market was closed just above the 61.85 support level, but the bears were prominent at the market closing time. Crude Oil showed an unexpected negative trend over the past week on the daily time frame chart. I've seen that...
USD/CHF Market Analysis We can see from the image below using the H4 time frame for the USDCHF currency pair, which was under pressure from the seller last week and in my opinion this is a form of trend continuation, where the big trend is still...
XAU/USD Greetings and Good Morning guys! The overall market sentiment of XAU/USD is still in favor of buyers. They can cross the 3052 zone again this week. Overall, traders must exercise patience and discipline, ensuring they enter trades at optimal...
GBP-USD PAIR FORECAST The trend is still under the control of bearish movements again, especially after last Friday it was clear that market movements were more influenced by the strengthening of the USD itself, which is able to encourage this GU...