In forex trading, the Bill Williams Awesome Oscillator (AO) is a momentum indicator used to identify changes in market trends and determine the strength of those trends. Like in other markets, it helps traders understand whether the bulls (buyers)...
GOLD Market September 17, 2024 The image above is a GOLD price chart on the Daily TF. With a fairly stable price increase in the GOLD market, of course this has provided a profit opportunity for traders who have taken buy orders since the price was...
General Points of EURJPY: The real and original movement of the EURJPY market will be observed around the time of the German ZEW Economic Sentiment release. Until then, the market may continue to move sideways or remain neutral during the UK trading...
USD/JPY Market Analysis September 17, 2024 Based on the USDJPY chart on the daily timeframe shown, I see several important points for further analysis. First, the current price position is around 140,767, approaching significant support in the...
For the second day in a row, the GBP/USD pair is seeing a decline, hovering around 1.3190 during Tuesday's EU trading hours. This downward movement is driven by shifting market sentiments and evolving expectations regarding monetary policy. The...