The Bulls Power indicator is a technical analysis tool used in trading, developed by Alexander Elder. It measures the strength of buyers (bulls) in the market by comparing the high price of a security with its exponential moving average (EMA). The...
Bitcoin Fundamental Analysis: Bitcoin's recent performance reflects both market sentiment and uncertainty about its future role in the financial system. Last week, Bitcoin's value declined below the key $57,500 level, even reaching as low as...
EUR/USD Price Studies Currently studying the ongoing EUR/USD currency pair price action. Technically, the EUR/USD pair has demonstrated strength by emerging from a long-standing declining channel. Negative sentiment toward the US dollar drove...
GBPUSD Price Action Analysis Our discussion revolves around the present examination of the GBPUSD price action assessment. The GBPUSD movement had begun to rise at a price of 1.3090. The movement has tended to increase over the past three days. The...
As the European trading session begins on Friday, the currency pair is experiencing some weakness, currently hovering around the 1.1085 mark. This decline is attributed to a modest recovery in the US Dollar (USD), which has exerted downward pressure...