Yesterday, the price of the yen was hesitantly pushed in the northern direction, and it turns out that after updating the maximum of the previous day, there was a rollback, and by the end of the day, a clear turning candle was formed, directed to...
XAUUSD (Gold) Technical Analysis Gold (XAU/USD) trades at 3,047, hovering near key resistance and support levels. The Alligator indicator shows that the market is in an uptrend, as the green (Lips), red (Teeth), and blue (Jaw) lines are aligned in a...
Spot Trading Spot trading is a fundamental concept in forex and financial markets where assets are bought and sold for immediate delivery. Unlike futures or options trading, which involve contracts for future transactions, spot trading is based on...
GBP / CAD: An hourly time frame recommendation We didn't see a good signal from the Canadian news data yesterday, which left the market uncertain about any strong movement in favor of the Canadian dollar. The market sentiment of GBPCAD is still...
RSI Indicator The Relative Strength Index (RSI) is a popular momentum indicator used in forex trading to measure the speed and change of price movements. It helps traders identify overbought and oversold market conditions, potential reversals, and...
