Forecast of Crude Oil On the H1 time frame chart yesterday, the bears tried their best to cross the 50 EMA line to the downside, but it just moved above it; however, today I observed it crossed the moving average lines to the downside. A few hours...
GBPUSD 4-Hour Analysis: The four-hour chart. There are strong signs that the current rising trend is about to reverse. A bearish divergence may be seen using the MACD indicator. The collapse of the rising support line must also serve as a source of...
AUDUSD 4-Hour Analysis: AUD/USD is now trading at 0.70218. The last barrier may converge around 0.70668, the 71.3% Fibonacci retracement level, which will be a buyer-dominated range. Further expansion is probably going to support the mid-to-upper at...
AUDUSD TECHNICAL ANALYSIS M15 CHART . The chart shows AUDUSD on the M15 timeframe with a clear shift in structure after a prolonged sideways and bearish phase. Price action from 26th October evening was consolidating near the 0.70160 to 0.70100 area...
Introduction to Intraday Trading with RSI and VWAP 1. Understanding the Basics of Intraday Trading Intraday trading is a trading approach in which traders open and close their positions within the same trading day. The primary goal is to profit from...
