Trend Line In forex trading, a trend line is a straight line drawn on a price chart to help identify and visualize trends in the market. It is one of the simplest and most effective tools in technical analysis. Traders use trend lines to...
AUD/USD Market Analysis Greetings and Good Morning guys! This week, the Australian Unemployment rate and Employment Changes were also better. But It couldn't help the buyers of AUD/USD to hold the 0.6432 zone. They dropped sharply down and raced at...
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PAIR REVIEW EURUSD Hello! I see how the price of EURUSD on the hourly chart has already climbed out from under the lower border of the Ichimoku Cloud indicator upwards and is trading above its upper border. In addition, for the third time we have...
The USD JPY currency pair and several other USD JPY pairs appear to have similar movements, indicating a weakening outlook for the Japanese Yen. This may be due to profit-taking by market participants or the Bank of Japan's (BoJ) monetary policy...
