EUR / USD: "Thorn" brings to market correction Price was faced with a 1.1130 resistance, leading to a decline locally. So, the market is likely to get a short-term support in the 1.1045 to 1.1032. If a pullback from this area happens, speculators ca… Read more »
GBP / USD: "V-Top" investors stop prices rising for some time
GBP / USD: "V-Top" investors stop prices rising for some time We had a pattern "V-Top" reduce, has established the local downward movement. Therefore, the currency pair is likely to gain support at 1.3226 to 1.3116 a, near the bottom of the downtren… Read more »
Technical analysis ALLIGATOR
The Alligator helps to identify a real trend. Its creator Bill Williams recommends following trends and staying out of trading when the price is range-bound. Alligator Technical Indicator consists of 3 balance lines (Moving Averages, MAs): Blue line… Read more »
How to interpret MOMENTUM
The Momentum technical indicator measures the amount that a security’s price has changed over a given time span. It attempts to measure the momentum behind price movements for the underlying currency pair over a period of time. How to interpret: The… Read more »
How to interpret MACD
MACD indicator (Moving Average Convergence/Divergence) is used to spot changes in the strength, direction and duration of a trend. MACD histogram is the difference between a 26-period and 12-period exponential moving averages (EMA). In order to show… Read more »