What Is the Force Index? Finally, the force index may also provide early entry and exit signals. This can be useful in a well-rounded strategy where you want confirmation to get in or out of a trade. When the indicator crosses above zero, it can be...
EUR-USD PAIR MOVEMENT The EURUSD pair price that is testing the nearest RBS area around 1.1162 seems to want to continue the lower downward correction phase. In addition, the price also seems to be entering the Kumo cloud area. If the price that...
Regarding the EUR/USD pair, the strong upward momentum has persisted, reaching new highs and closing near those levels. This continued strength is not entirely unexpected, particularly in light of Federal Reserve Chair Jerome Powell's statements...
Hello, esteemed forum members! Today, I’m offering a detailed analysis of the NZD/USD currency pair based on the H1 chart. Currently, the pair is trading at 0.5920. In the Asian trading session, we observed a notable resistance level at 0.5956. The...
EUR-USD H4 TIME FRAME On the H4 basis the EURUSD pair is making a buy setup that seems valid, because this setup is a reaction to the previous bullish momentum buy candle. So the buy trading option is an attractive choice. However, the current...