Commodity Channel Index Trading Strategy #2 _CCI Trend Following Strategy with Confirmation_ This strategy uses the Commodity Channel Index (CCI) to identify trends and enter trades in the direction of the trend, with additional confirmation from...
GBP-USD D1 ANALYSIS CHART USD/GBP D1. Although we have an idle day today, I still had high expectations for European couples. I don't think there's much going on in America either. Well, we gave the north 15 points, and that's it for now. I have a...
The spot price has recently experienced a pullback against the US Dollar (USD), with trading activity remaining subdued due to the Japanese market's closure for Mountain Day. This brief hiatus in market activity comes as the USD/JPY currency pair...
The Australian dollar strengthened slightly on Thursday. AUD/USD rose 0.16% during the European session and was trading at 0.6684 at the time of writing. Australian inflation expectations fall to 4.4% Australian consumer inflation expectations fell...
In my morning forecast, I highlighted the 1.1004 level and planned to make trading decisions based on it. Let's review the 5-minute chart to analyze the developments. A decline followed by a false breakout at this level led to a buying opportunity,...