The Aroon Oscillator is a technical indicator used in financial trading to identify the strength and direction of a trend in a market. It is derived from the Aroon Indicator, which measures the time elapsed since the highest high or lowest low over...
Forecast of Silver If we look at the Silver's H4 time frame chart, we can see that the price was rising gradually until the last candle, when it fell sharply. This is why the Silver formed a robust bearish engulfing candle, and it tested the 26 EMA...
USD/JPY Technical Analysis The USD/JPY pair is currently trending downwards in the 4-hour timeframe. The market has completed four waves but has failed to form a fifth wave. This shows that although the structure is bearish, the trend has not yet...
USDJPY currency pair - let’s look at the D1 period chart today. At the end of December, a narrow range formed at the top of the movement. The price was sawing in a narrow sideways range for over ten days in a row. Despite: Although built in...
GBP/USD Technical Analysis During the 4-hour timeframe, GBP/USD showed a clear bullish trend. The market has completed a five-wave structure, signalling it is trending upwards. This bullish momentum suggests that the pair will continue to rise in...
