The Bill Williams Awesome Oscillator (AO) is a technical indicator developed by trader and author Bill Williams. It measures market dynamics by comparing the current market trend with the long-term trend and helps traders identify potential...
In Friday’s European trading session, the currency pair experienced a decline, falling to approximately 140.31. This drop can be attributed to the pair weakening as investors shifted away from safe-haven assets. The increased appetite for riskier...
The price movement showed a downward trend, with the current decline reaching a lower point than the previous growth wave. The MACD indicator is also decreasing, staying in the lower selling zone and below its signal line. The prolonged downward...
The spot price has shown resilience and strength following the Reserve Bank of Australia’s (RBA) recent monetary policy announcement. The RBA decided to maintain the Official Cash Rate (OCR) at 4.35%, marking the sixth consecutive meeting where the...
EUR/USD EUR/USD continues to exhibit a bearish bias on the H1 time frame. Price consistently forms lower highs and lows, and the 150-period moving average remains above price, indicating that sellers are in control. Additionally, the zigzag...