ANALYSIS OF EUR/USD PAIR. The EUR/USD H4 chart demonstrates a decisive bullish breakout after a prolonged period of consolidation and accumulation, with a firm shift in trend momentum beginning in early March. Price has clearly transitioned into a...
The GBP/USD H1 chart presents a detailed view of the currency pair's recent price action, capturing both intraday fluctuations and broader trends. The current trading range is confined between 1.2895 and 1.2922, with the latest closing price at...
Parabolic Sar indicator The Parabolic SAR (Stop and Reverse) is a popular technical analysis indicator developed by J. Welles Wilder. It’s mainly used to determine the direction of an asset’s momentum and potential reversal points in the price. How...
Forecast of Crude Oil The market was closed just above the 61.85 support level, but the bears were prominent at the market closing time. Crude Oil showed an unexpected negative trend over the past week on the daily time frame chart. I've seen that...
When the dots are below the price, it indicates an uptrend and traders can look for buying opportunities.Calculation of parabolic SAR Parabolic SAR is calculated using the following formulas: SAR (current) = SAR (previous) + AF * (EP - SAR...
