The recent technical test of the 1.3246 level for the GBP/USD pair coincided with the MACD indicator beginning to reverse upwards from the zero line, providing a strong entry point for market participants who had established long positions on the...
The Formula for Riding the Trend: 20 MA + 50 MA + RSI 1. Trend Identification with Moving Averages The chart presents a simple trend-following formula combining the 20-period Moving Average (20 MA), 50-period Moving Average (50 MA), and Relative...
GBPUSD Price Analysis: We discuss the current analysis of the price behavior evaluation of the GBP/USD currency pair. The moving average (M.A.) is only 109 points away at 1.31387, while the GBP/USD pair is currently down at 1.32487. The news...
the NZD/USD H4 chart, my overall view is still cautious and slightly bearish. The pair has been moving inside a well-defined downward structure since the beginning of September, with a sequence of lower highs and lower lows. What interests me now,...
Understanding the Order Block Concept The image outlines a specific technical analysis strategy used to identify high-probability trading entries. The core concept revolves around identifying an "Order Block"—a specific price area where...
