The currency pair has been trading within a narrow range above the critical support level of 143.46 during the early US session today. Market participants are closely monitoring upcoming interest rate announcements from both the Bank of Japan and...
STANDARD DEVIATION INDICATOR The Standard Deviation Indicator: A Comprehensive Guide The Standard Deviation Indicator is a powerful tool used by traders to measure market volatility and identify potential trading opportunities. It's a statistical...
Drawing an equidistant channel in Forex trading involves creating two parallel lines that capture price movement within a trend. A channel consists of a support line (lower boundary) and a resistance line (upper boundary) that are equidistant from...
Techniacal Analysis : Technical Analysis is The study of historical price action in order to indentify patterns and determine probabilities of future movements in the market by studying price action and through the use of techncal indicators and...
On Wednesday, the spot price hovered around the 1.1100 level, pausing after recent volatility triggered by a data misprint in the US. The currency pair failed to maintain a bearish push towards 1.1051, leaving market participants with unfulfilled...