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...
GBP/USD Fundamental Analysis: I am keeping an eye on both the UK and US developments today, as they’re likely to influence the GBP/USD pair. In the UK, recent GDP figures showed a slight contraction, which has me concerned about the country’s...
EUR/USD Update Technical Analysis Let's consider the EURUSD currency pair chart for the D1 period. The wave structure here is still building its order downwards, the MACD indicator is in the lower sales zone and below its signal line. It is clear...
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...
EUR/USD A new trading week has begun. During the Asian trading session, the value of the European currency fell relative to the US dollar. And actually reached the level of 1.0200. Literally a couple of points were missing. If the situation does...
