News for trading Today, we have low-impact news only. The forex market is going to be calm today unless there is breaking news which of course will cause the market to move much. There won’t be enough volatility in the forex market today. To be on...
The Relative Strength Index (RSI) is one of the most widely used momentum oscillators in technical analysis, developed by J. Welles Wilder Jr. in 1978. It measures the speed and magnitude of an asset's recent price movements to evaluate whether it...
Forecast of Crude Oil Although the H1 time frame chart already shows a bearish primary trend for Crude Oil, I kept an eye on the final candle's significant bearish movement as the price fell sharply and Crude Oil formed a powerful bearish candle. On...
I am continuing to analyze the scenario for the NZD/USD currency pair. I notice that the price is currently consolidating within the key range of 0.56008 - 0.56060. I understand that this range contains the largest order block for the current...
Silent Points about GBPJPY: The GBP/JPY market shows potential for a downward move, with indications that it could fall below the 191.00 level. Bearish sentiment suggests an opportunity to capitalize on a sell order with a take-profit (TP) target...
