EUR/USD WEEKLY FORECAST OCT. 12

EUR/USD currency pair was initially on stable grounds but letter experienced a sharp fall thereby losing the support of 1.1530 of last week. The currency pair continues to decline as the United States dollar continues to dominate. The Italian government … Continued

EUR/USD WEEKLY FORECAST OCT. 1-5

EUR/USD currency pair had a drastic increase and breached the 1.8000 level experienced last week but then, it turned sharply lower. The currency pair attains new heights only to experience a rapid fall as Italy’s budget comes to the forefront. … Continued

TECHNICAL CONFLUENCE INDICATOR

A technical confluence indicator is a forex trading analysis tool used to identify price levels where there is a congestion of technical indicators like moving averages, Fibonacci levels, and pivot points. In forex trading, having an idea of the different … Continued

EUR/USD WEEKLY FORECAST SEPT. 24-28

The EUD/USD currency pair moved up and got stuck when faced with the last week’s 1.1720 level. Afterwards, the currency pair experienced an increase to 1.1800 which marked it the highest ever since July. The 1.1800 became a level that … Continued

Bollinger Bands – Forex Trading Technical Indicators

Bollinger bands are forex trading technical tools made up of two bands used in signaling changes in the volatility of market prices. Basically, Bollinger bands are essential tools used in the identification of overbought and oversold levels. Forex traders use … Continued

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