Money Flow Index (MFI) The Money Flow Index (MFI) is a momentum indicator used in forex and other financial markets to measure buying and selling pressure based on both price and volume. It's similar to the Relative Strength Index (RSI) but...
Current Market Situation of EUR/USD The EUR/USD currency pair is currently presenting an intriguing scenario on its H1 chart. The price is trading between a support level at 1.0310 and a resistance level at 1.0380. This price action indicates that...
Forecast of Gold On the H4 time frame chart, the price of Gold is running in an ascending channel. As the price increased and decreased, it challenged the bottom and top levels of the ascending channel two or three times. On the H4 time frame chart,...
As traders await the publication of United Kingdom (UK) Retail Sales data, the GBP rises against the USD and breaks over the 1.2600 mark on Thursday. In the meantime, the US dollar declined due to a dismal US jobs report. The GBP/USD exchange rate...
The currency pair is trading flat on the D1 chart, positioned at 1.04594. The InstaForex indicator, which I referenced from the forum, shows an equilibrium between buyers and sellers in the first part, with buyers holding a slight edge at 50.45%. In...
