Using indicators in trading. What Are Trading Indicators? Indicators are mathematical calculations based on price, volume, or open interest. They help traders identify trends, momentum, volatility, and potential reversal points. Two Main Categories ...
GBP USD Analysis Buyers Testing Key Resistance The GBPUSD pair on the H4 timeframe is showing signs of recovery after a recent bearish phase, but the market is now approaching an important resistance zone that could decide the next move. Price...
This is XAUUSD on H4, last price 4708.09. Market closed. We’re in a broad downtrend after a failed breakout, now testing a major confluence zone. Here’s the full breakdown: *1. Trend Moving Averages* - *Yellow MA*: Fast MA, ∼4708 and flat. Price...
USD/JPY According to Chang Wei Liang of DBS Group Research, Japan's March Consumer Price Index (CPI) figures indicate underlying pricing pressures, with headline and core-core inflation slightly increasing and the Bank of Japan (BoJ) allegedly...
USD/CAD MARKET ANALYSIS Hello traders according to my analysis of this diagram of USD/CAD on the M5 timeframe, we are looking at a strong intraday downtrend that played out on 24 Apr from 18:10 to 23:10 and the market closed right at a critical...