In Forex trading, a flat wave refers to a corrective wave pattern found in Elliott wave theory. It usually occurs during a sideways market movement and is classified as a corrective wave rather than a trend wave. A flat wave consists of three...
The DeMarker (DeM) Trading Oscillator Overview Strategy The DeMarker (DeM) trading oscillator is a technical indicator developed by Thomas DeMark to measure the market's emotional state. It's calculated by comparing the highest high and lowest low...
Today the EUR/GBP pair is experiencing some volatility following the result of UK GDP data , which came in 0.2% growth. This has put pressure on the British Pound, allowing the Euro to rally slightly. However, the overall outlook for the pair is...
Hot Forecast for EUR/USD on September 12, 2024 The slowdown in inflation in the United States turned out to be more significant than even the most optimistic forecasts, yet the situation in the currency market remained unchanged. Almost immediately...
The currency pair has hit a pause in its recent rally, trading at approximately 1.3090 during Thursday’s Asian session. After a two-day winning streak, the pair now hovers around 1.3087. The daily chart reveals that GBP/USD is trending upwards...
