Market momentum in forex trading is the rate of acceleration of price in one direction, and it represents the force behind a move rather than just the move itself. While trend tells you the direction and structure shows you the path, momentum tells...
EUR/USD Post Analysis The EUR/USD currency pair is currently trading around the 1.1794 level on the 30-minute timeframe. The chart shows that the market recently experienced a strong upward movement followed by a sharp correction. This indicates...
Silver Price Analysis: The current analysis of the Silver price behaviour is open to debate. On the daily silver chart, todays action suggests the completion of a pullback following a rebound from the support zone near the May 2 low of $82.092. If...
GBPUSD Price Dynamics: I was delving into the current analysis of the GBP/ USD currency pairs pricing movements. Last week, the GBPUSD pair twice effectively moved from the lower boundary of the Bollinger channel (80.1) on the H-1 time frame to the...
Gold Trading Setup: Current analysis of gold price movements is debatable. Over the past week, gold prices have shown relatively calm movement on the hourly charts. On Friday, the price fluctuated around the resistance level of 4865.58. Earlier in...
