To analyze the current movement of a financial instrument, traders often rely on a variety of technical analysis indicators. Among the most popular and effective indicators are the Extended Regression Stop and Reverse (ERSAR), the Relative Strength...
The trading week for gold has concluded with a notable development. Despite an initial upward movement that completely closed the sell zone imbalance, the price sharply reversed downward. This reversal formed a pin bar with a tail in the sell zone,...
Introduction: Forex trading, the largest financial market in the world, involves buying and selling currencies with the goal of making a profit. It's a dynamic and exciting field, but with high potential rewards come high risks. That's why effective...
GBPUSD Today, Saturday and Sunday, it is completely quiet. This gives us the opportunity to review last week's GBP/USD prices and discuss what's coming next week. Looking at the H4 chart, it can be seen that the GBP/USD parity has fallen between...
Yesterday, after a minor dip, the EUR/JPY price reversed course and resumed its upward trend. This led to a new bullish candle forming above the previous day's high. As mentioned earlier, I expect the currency pair to test the nearest resistance at...