Current Market Situation of EUR/USD The EUR/USD currency pair is currently presenting an intriguing scenario on its H1 chart. The price is trading between a support level at 1.0310 and a resistance level at 1.0380. This price action indicates that...
Technical analysis of GBPUSD Today I choose GBP/USD for technical analysis. Currently, market prices are falling. The Dawn trendline helped the price drop. This trend line has done a lot to push the market price down. The market price broke above...
Money Flow Index (MFI) The Money Flow Index (MFI) is a momentum indicator used in forex and other financial markets to measure buying and selling pressure based on both price and volume. It's similar to the Relative Strength Index (RSI) but...
Forecast of Crude Oil As I indicated in the attached diagram, the price of Crude Oil has been trading in the range zone for the past few trading days. The price level of 73.29 is the range zone's resistance level, and the price level of 70.24 is its...
T E C H N I C A L _ A N A L Y S I S U S D / J P Y Hello members, I want to thank you all for your time today. The main topic of discussion today will be the technical analysis of the USD/JPY pair. The price of USD/JPY is running in the 149.29 area....