Analytics

The Australian dollar strengthened sharply, while the AUD/USD pair rose after the RBA meeting ended at the beginning of the month, at which the bank's leaders unexpectedly raised the interest rate by 25 basis points to 4.10%.…

1. The Theory - How to Use IndicatorDeveloped by Marc Chaikin This an oscillator Indicator, it measure the Accumulation/distribution of money that is flowing into and out of a currency pair. The indicator is based on the fact…

Speaking in Sintra, Portugal, on Wednesday, Bank of England Governor Andrew Bailey said that "the UK economy has proven to be much more resilient" and that the British central bank will do "everything necessary to bring…

When entering the financial market, the first thing you see is the Japanese candlestick chart. It has distinct shapes that reflect the price action of the market. And among them is a very different candlestick that looks like a…

If you think that technical analysis is a bunch of nonsense, look here. Fighting is underway in Europe. At the same time, oil is getting cheaper. Modern warfare is very greedy for fuel. During World War II, 14 factories were…

The cryptocurrency market is developing a downward correction after an impressive increase last week, when bitcoin broke through the 31000.00 mark, updating the maximum since June 2022 at 31443.00. The BTC/USDT pair found…

Immediately after the decision of the Bank of Canada to raise the interest rate, the USD/CAD pair fell to the weakest value of the month at 1.3321 and then continued to decline. At the same time, the Canadian dollar is currently…

A popular trading expression is "the trend is your friend." This expression has stood the test of time because trends are critically important to any trading plan. Forex trendlines can be seen in almost any charting analysis due…

After a serious strengthening since the beginning of the month, last week turned out to be unsuccessful for the Australian dollar and disappointing for buyers of the AUD/USD pair. Last week pushed the AUD/USD pair to the level…

EUR/USD: Officials' Words Drive the Markets ● Just a reminder, the Federal Open Market Committee (FOMC) of the US Federal Reserve decided on Wednesday, June 14 to pause the process of monetary tightening and left the interest…