The Money Flow Index (MFI) is a momentum indicator that measures the flow of money into and out of a security over a specified period of time. It is related to the Relative Strength Index (RSI) but incorporates volume, whereas the RSI only considers...
Description The Relative Strength Index (RSI), developed by J. Welles Wilder, is a momentum oscillator that measures the speed and change of price movements. The RSI oscillates between zero and 100. Traditionally the RSI is considered overbought...
GBP/USD Technical Analysis. The GBP/USD currency pair was still trading in side way. To avoid floating in vain today, it would be nice to wait patiently for the European market to open. A trader's best choice is to wait patiently for the right...
In recent weeks, the USD/JPY has exhibited considerable volatility in its price behavior, primarily driven by the differing monetary policies of the U.S. Federal Reserve (Fed) and the Bank of Japan (BoJ). The Fed's dovish position has led to...
The GBP/USD currency pair has experienced significant price changes. A bullish buying signal was triggered, indicating potential growth and a bullish trend. Recent trading activity confirms that the bulls have made a noteworthy upward move, and the...