The price of US crude oil has been falling steadily, reaching its lowest point in nearly a year. There are several key reasons behind this decline. One of the main factors is a possible resolution to the political issues in Libya. This country is a...
What is Exponential Moving Average (EMA)? The Exponential Moving Average(EMA) is a technical chart indicator that produces buy and sell signals by tracking the price of a security over a period of time. The EMA determines buy and sell signals based...
The Average True Range (ATR) indicator is a technical analysis tool used to measure the volatility of a financial instrument, such as a currency pair, when trading forex. It was introduced by J. Welles Wilder in his 1978 book "New Concepts in...
The GBP/JPY currency pair has experienced a decline during the Asian session on Friday, falling below the 188.00 level, the lowest level in three-and-a-half weeks. This was the third session of losses in the past four sessions, driven by a...
Important Points of EURUSD: Today, the EURUSD market is leaning towards sellers, which indicates that EURUSD sellers are following a bearish concept. The price has already reached the 1.1061 level, and there is potential for further decline. This...