The indicator generates clear buy and sell signals on the chart, typically represented by arrows or other visual markers. These signals are based on specific technical criteria such as moving averages, oscillators or other market indicators that are...
USD/JPY Currency Analysis – April 19 Today’s trading session for the USD/JPY currency pair presents an intriguing market scenario. Based on the current order book data, there is a clear indication that buyers are significantly more active at certain...
The USD/CHF currency pair is currently trading on the hourly (H1) chart, with price action positioned close to the opening level of the day at 0.8185. This level serves as a significant reference point for traders, as it reflects the initial market...
The AUD/USD pair experienced a third consecutive session of gains, trading near the upper limit of its daily range, which spanned from 0.6180 to 0.6287. However, despite these gains, the overall technical structure of the pair remains fragile. The...
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...
