Yearly Archives: 2022
All about RSI as Forex Indicator
Relative Strength Index (RSI) is a popular technical indicator used in the foreign exchange (Forex) market to measure the strength of a currency pair's price action. The RSI is calculated using a formula that compares the magnitude of a...
xauusd analysis on dated 06-12-2022
This recent data would put pressure on the price of Gold and, as we can see from the chart, the price has rejected the $1810.00 level. On the 4hr chart, the price formed a double top pattern with the...
Broker Review: ExpertOption
ExpertOption is a leading online trading platform that offers a wide range of financial instruments for trading, including forex, stocks, commodities, and cryptocurrencies. The company was founded in 2015 and has since grown to become one of the most...
Lower Low and Lower High in Forex Trading
In Forex trading, the term "low low" refers to a situation where the price of a currency is below its previous lowest point. The low low signal usually indicates that buyers are starting to enter the market, and that...
xauusd technical analysis on dated 07-11-2022
In the markets, gold is traditionally seen as a safe haven asset. This is because it doesn’t experience the same volatility as other assets, and it has been a reliable store of value over the years.
When analyzing gold using technical analysis, you can use...
xauusd technical analysis on dated 04-11-2022
In the markets, gold is traditionally seen as a safe haven asset. This is because it doesn’t experience the same volatility as other assets, and it has been a reliable store of value over the years.
When analyzing gold using technical analysis, you can use...