Explain Bollinger bands Indicator Bollinger Bands is one of my go-to tools for measuring market volatility and identifying potential overbought or oversold conditions. Created by John Bollinger in the 1980s, it’s made up of three key components: ...
A Closer Examination of NZD/USD The NZD/USD currency pair is presently demonstrating considerable strength, supported by a range of favorable economic factors. The New Zealand dollar NZD/USD has gained from robust commodity prices, especially in...
The EUR/USD pair has been steadily declining this week and last week. It's common for sellers to take a break on Friday. However, they didn't fully overtake the previous day's price on Thursday, nor did they exceed the intraday high of 1.0873. Now,...
USD/JPY: A Roadmap to Successful Trading We can discuss the analysis of the USD/JPY currency pair's price behaviour. On Thursday, the USD/JPY pair experienced a steady decline on the daily chart, closing near the support level of 148.380. The price...
•••Stick Sandwich Candlestick Pattern: A Hidden Gem for Reversal Traders••• When searching for reliable reversal signals in the market, the Stick Sandwich candlestick pattern can be an effective, yet lesser-known, tool. If you’re familiar with...