T E C H N I C A L _ A N A L Y S I S X A U / U S D Hello and welcome to my new update on the XAU/USD market. XAU/USD is trading at 3326.98 at the time of writing. XAU/USD is bullish on this time frame. If the price of XAU/USD is seen in this time...
The recent trading week for USDJPY ended rather uneventfully, as was widely expected due to the holiday season. The overall market mood remains quite bearish, indicating a tendency for the currency pair to stay on the downside, at least in the near...
EUR/USD The EUR/USD currency pair is one of the most traded and significant pairs in the forex market. It represents the exchange rate between the Euro (EUR) and the United States Dollar (USD). When traders buy EUR/USD, they are essentially...
EUR/USD Weekly Outlook Greetings and Good Morning to all traders! The market scenario of EUR / USD is not too different from that of GBP/USD. Yesterday, the market of EUR/USD crossed the 1.1370 zone successfully. All news events about the EUR were...
On Balance Volume (OBV) On-Balance Volume (OBV) is a technical analysis indicator that uses volume flow to predict changes in price. It was developed by Joseph Granville and is based on the idea that volume precedes price movement. In simple...