Bollinger Bands Strategy Bollinger Bands are a popular technical analysis tool used in forex trading (and other financial markets) to measure price volatility and identify potential trading opportunities. Developed by John Bollinger, they consist...
THE CURRENCY PAIR EUR-USD So, in the context of the daily period, it turned out that the quotes on Friday were able to remove liquidity from the nearest swing minimum of 1.0224, leaving a thick shadow; at the same time, the price formed a liquid...
AUD/USD Technical Analysis: Today, the AUD/USD is hovering around 0.6450, consolidating after recent fluctuations. The 50-day Moving Average near 0.6485 is proving to be a strong resistance, while the 200-day MA around 0.6400 offers decent support....
USD/CAD Market Forecast Good Morning to all traders! The sellers of USD/CAD will start a bearish journey later from this overbought level of 1.4420. Also, the traders should trade carefully during the US trading zone when the market will move...
GBP/JPY Market Outlook Greetings and Good Morning to everyone! The upcoming release of the UK Retail Sales, GDP, and Core CPI rates has the potential to provide significant support for the buyers of GBP/JPY. These economic indicators will be crucial...
