USD/JPY More than five hundred pips gained in the USDJPY market last month. Market conditions highly support buyers, and sellers seek a shadow to survive. USDJPY is affected by the Dollar index. There is a second resistance line far away from the...
To develop a comprehensive trading strategy, it is crucial to analyze the current market sentiment and utilize technical indicators effectively. Market sentiment reflects the overall attitude of investors toward a particular security or financial...
The Bill Williams Awesome Oscillator (AO) is a technical indicator developed by trader and author Bill Williams. It measures market dynamics by comparing the current market trend with the long-term trend and helps traders identify potential...
AUD/USD Price Study Our main discussion point is the present condition of the AUDUSD currency pair's price behavior analysis. The price looks to be attempting to break out of the magenta downward trend line on the H4 basis on the right. If it is...
What is shooting star candlestick pattern in forex trading. A shooting star pattern is found at the top of an uptrend, when the trend is losing its momentum. The shooting star is actually the hammer candle turned upside down, very much like the...