The downward slope of the linear regression channel indicates the strength of the seller, who is trying to go down to the level of 0.89218. At the target level, movement inhibition will occur. Due to the weakening, due to the chosen volatility, it...
The Euro continues its downward spiral against the British Pound, reaching a new 22-month low of 0.8400 on Friday. This latest drop extends a three-month decline that began in April, when the pair traded above 0.8600. Political uncertainty in Europe...
GBP/USD Fundamental Technical Analysis: The GBP/USD currency instrument is staying around 1.2710 as investors wait for the UK's inflation report and the minutes from the US Federal Reserve's (FOMC) meeting. Market participants need new signals...
USD/JPY H-4 USD/JPY H4 US Dollar - Japanese Yen. On the chart under study, the selected asset currently shows a clear bearish sentiment, which can be easily determined using the Hiken Ashi candlestick indicator, which is the opposite of the...
Analysis of the movement of the Pound/US Dollar currency pair. Time frame – 4 hours. The Extended Regression StopAndReverse linear regression indicator, in combination with confirmatory readings of the RSI (14) and MACD oscillators, will allow us to...