This indicator is particularly useful in trend-following strategies and detecting momentum shifts. Strength index components Price Movement: The amount of price change over a period of time. Volume: The volume of trades during this period, which...
The AUD/USD currency pair on the four-hour chart has been showing a clear downward trend, and I believe the strengthening U.S. dollar is playing a significant role in this movement. I observe that the Australian dollar, along with other major...
GBP/USD Analysis and Trading Plan | 22nd March 2025 (For Next Week) Hello traders, I’m sharing my GBP/USD analysis and trading plan for next week, starting Monday, 24th March 2025. Since today is Saturday and tomorrow Sunday — the market is off —...
I believe that the USD/JPY pair currently presents an interesting dynamic, though I am cautious about the yen's ability to resist the dollar. I think the upward direction of the pair could be promising if it weren’t for the yen’s potential...
NZDUSD currency pair - D1 chart. The downward wave structure that was before broke as the waves went up, updating the highs of the previous waves. The MACD indicator used is in the upper purchase zone and above its signal line. Last week, the price...
