Force Index Indicator The Force Index Indicator is a technical analysis tool that combines price movements and volume to gauge the strength behind price trends. Created by the renowned trader Dr. Alexander Elder, this indicator helps traders...
EURUSD H1 Analysis Market Overview The EURUSD pair is currently exhibiting a strong bullish trend on the H1 timeframe. Price action has formed higher highs and higher lows, indicating a sustained upward momentum. Key Levels Immediate Support:...
USD/JPY MARKET ANALYSIS AUGUST 28, 2024 The USDJPY currency pair currently seems to be having difficulty moving down again, since the market opened at the beginning of this month the price has dropped below the Simple Moving Average 60 and 150...
What is an on neck pattern in forex trading. The on neck pattern occurs when a long real bodied down candle is followed by a smaller real bodied up candle that gaps down on the open but then closes near the prior candle's close. The pattern is...
Market Insight and Trading Strategy: Midweek Bitcoin Outlook Hello everyone, and welcome back to another session of Interlock's Trading Journal! How's everyone doing today? I hope you're reaping the rewards of my recent Bitcoin analysis. As...