The mechanics of Bollinger Bands Bollinger Bands combine a simple moving average (SMA) and a measure of price volatility via standard deviations (SD). The calculation of Bollinger Bands involves three main components: Simple moving average. The SMA...
GBP/USD H4 chart In my opinion, the GBP/USD currency pair still has the potential to continue its increase. In next week's trading session, we are still waiting for further action from buyers who are likely to try to push the price up. If...
AUD/USD There has been a change in the market. Now that we have reached the 0.6730 level, we are flying lower. Our goal is to find joy in selling. Money is one of the most desired things today. From personal experience, we wait for the chart to...
The recent movements of the EUR/JPY currency pair indicate a significant shift into a corrective phase. The pair has seen notable declines, with its value dropping to approximately 170.383. This drop is particularly important as it suggests that the...
EUR-USD D1 ANALYSIS CHART We will examine the EUR-USD currency pair's D1 period chart today, Monday. The MACD indicator is rising in the upper purchase zone and above its signal line, and the wave structure is establishing its order upward. The...