USD/JPY Forecast: Analyzing with TMA Indicator and Technical Tools Today, I will attempt to forecast the price movement of the USD/JPY currency pair using the TMA (Triangular Moving Average) channel indicator, which is based on moving average...
MOVING AVERAGE 55 The Moving Average 55 (MA55) is a popular technical indicator used by traders to identify trends, predict price movements, and generate trading signals. It is a type of moving average that calculates the average price of a security...
The pair continued its downward trajectory in Tuesday's early trading, temporarily falling below the 1.1100 level and even touching the eight-month high of 1.1089. This decline is attributed to speculation surrounding the European Central Bank's...
GBPUSD H4 ANALYSIS 20 AUGUST GBPUSD is currently in a bullish trend. After experiencing a significant decline at the beginning of the month, GBPUSD has started to show signs of recovery with a strong and consistent upward movement. This increase...
Analysis of GBP/USD on the H4 Time Frame When examining the GBP/USD pair on the H4 time frame, the situation mirrors that of the daily time frame. Currently, GBP/USD is trading near the reversal level of 7/8 (1.31836), where it has formed a local...