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Monthly Archives: December, 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...

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