What Is the Weighted Moving Average (WMA)? The weighted moving average is an MA that assigns a weighting to the latest price data so that the most recent prices have a stronger influence over the value than older ones. By giving greater emphasis to...
The USD/CAD currency pair is showing bullish signs, with several technical factors aligning. The upcoming retest of the 100-day moving average on the 1-hour (H1) timeframe is significant, as it has historically served as both a support and...
Important Points of EURJPY We can see that the Tokyo CPI rate hasn’t provided much support for the JPY, and sellers are still weak. Last time, this market reached the 164.40 level, and buyers could continue to push up its value. I suggest placing a...
GBP/USD Price Analysis The current price behavior of the GBP/USD currency market will be the subject of my article. The GBP/USD pair is trending lower, easily breaking through the 1.3001 level. It's a reasonable time to sell and capitalize on the...
The US dollar (USD) has the potential to climb to the main resistance at 153.40; at this time, the big barrier at 154.00 is probably out of reach. The longer-term bullish trend is still strong; UOB Group's FX experts, Quek Ser Leang and Lee Sue Ann...