Drawing an equidistant channel in Forex trading involves creating two parallel lines that capture price movement within a trend. A channel consists of a support line (lower boundary) and a resistance line (upper boundary) that are equidistant from...
AUD/USD PRICE FORCAST OST HIGHER HIGHS AS UPTREND EXTENDS, AUD/USD continues rising to new highs. The RSI has stoped its bearish divergence with price. AUD/USD post higher as highs as its extends its rally and continues uptrend began at the strat...
STANDARD DEVIATION INDICATOR The Standard Deviation Indicator: A Comprehensive Guide The Standard Deviation Indicator is a powerful tool used by traders to measure market volatility and identify potential trading opportunities. It's a statistical...
Gold gains after report Shows revival in China : Gold is probably gaining after data from Wolrd Gold Council on Tuseday shows China's net Gold imports rose by 17% in July, the fist month of increases since March. A modest increase in net inflows of...
On Wednesday, the spot price hovered around the 1.1100 level, pausing after recent volatility triggered by a data misprint in the US. The currency pair failed to maintain a bearish push towards 1.1051, leaving market participants with unfulfilled...