PIVOT POINTS INDICATOR

Pivot points are technical indicators or tools used in forex trading and signify a change in market sentiment. This level reflects the sentiments of the forex market when it changes from bullish to bearish and vice versa.  This technical analysis … Continued

MOVING AVERAGE INDICATOR

Moving averages are technical analysis indicators which denote the average in the price of a security or trading instrument over a specific period of time. Majorly used moving averages are 20, 50, 100, and 200. These averages tend to portray … Continued

EUR/USD WEEKLY FORECAST OCT. 15-19

The EUR/USD currency pair, after the drastic decrease and new lows, experienced a quick recovery back into the known ranges. However, an important German survey and monitory inflation elements stand out in a week Brexit has shown high trends to … Continued

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

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