I currently see a clear bearish signal on the chart of the currency pair/instrument in the form of Heikin Ashi candles. I believe it is advisable to focus only on sell positions at the moment. I find that the combination of volume spread analysis...
Forecast of NZDUSD I noticed strong bearish activity on the NZDUSD lower time frame charts throughout the last few trading hours, and the pressure from these bearish activities grew further once the New York trading session opened. According to the...
Forecast of Gold The price often moves more slowly on Friday's than on other trading day's, so I wasn't prepared for such a violent movement on the last trading day. Since the final candle of the H4 time frame chart is a robust bullish pin bar, I...
EUR/USD Sentiment Update The EUR/USD market experienced significant volatility following the release of key US economic data such as Average Hourly Earnings (Average Monthly Wages), Nonfarm Payrolls Change, and the Unemployment Rate. These reports...
Crude Oil Technical Analysis Crude oil prices are currently trading at a major resistance level of $78.40. This is a level at which prices have previously been rejected, making it a critical area for potential selling opportunities. If the market...