Have a great day everyone! There is an opportunity to sell against the main movement on the hour. The basis for this is the linear regression channel turned downwards. Although it is more correct to skip sales or wait for the downward reversal of...
Forecast of Silver When I looked at the Silver's lower time frame charts, I found that the price had dropped sharply over the previous few candles. However, the price is currently rising and is now on the M30, and at the H1 time frame chart, Silver...
The Australian dollar is in negative territory on Tuesday. In the North American session, AUD/USD is trading at 0.6252, down 0.62%. Australian CPI expected to ease to 2.5% Investors are keeping a closer eye on the third-quarter inflation report,...
Technical analysis of the USDJPY pair On the 4-hour chart, the pair price started trading this week inside the white triangle, which is the common area between the price channels. Where we have the red channel, which is a side channel that...
Currency pair EURUSD - let’s look at the daily period of the chart again. So far, the wave structure on this senior period is building its order downwards. The MACD indicator is in the lower sales zone, but is about to move upwards. This suggests...