Commodity Channel Index Trading Oscillator The Commodity Channel Index (CCI) is a technical indicator developed by Donald Lambert to measure the difference between a security's price and its average price over a given period. It's calculated by...
On Wednesday, the spot price successfully rebounded from its daily losses against the USD Index. The pair’s recovery was fueled by comments from Bank of Japan Governor Shinichi, who reassured the markets that the central bank would not raise...
The Bitcoin market found some support after bouncing back from the $56,000 level in early trading on Wednesday. However, it is important to note that there is significant resistance around $57,500. If Bitcoin manages to break this level, it could...
Gold: What the Charts Show The subject of our discussion involves the ongoing study of the Gold pricing movement analysis. Currently, the market dynamics are shifting slightly in favor of gold buyers. Trading again moved above the critical...
In my morning forecast, I focused on the level of 1.3083 and planned to make trading decisions based on it. Let's look at the 5-minute chart and analyze what happened. A decline and a false breakout at that level resulted in a buying opportunity for...