Money Flow Index (MFI) in Forex Trading Introduction The Money Flow Index (MFI) is a powerful and versatile momentum indicator used by forex traders to gauge the strength of money flow into and out of a currency pair. Combining both price and volume...
Crude Oil Price Analysis The price behavior of Crude Oil warrants discussion. Following a minor bearish correction, we anticipate growth to begin on Monday. The 75.06 level might undergo testing, but we expect subsequent strengthening. It will...
Gold Analysis: Gold continues to exhibit a sideways movement, characterized by its fluctuating but overall stable price range. This pattern suggests that neither buyers nor sellers have a dominant influence at the moment, resulting in a consolidated...
USD/ CADrice Action We are evaluating the current price action dynamics of the USD/ CAD currency pair. Last week, the Bank of Canada lowered the discount rate, leading to an expected USD/CAD exchange rate drop. However, the weakening of the Canadian...
CHART PATTERNS IN FOREX TRADING Chart patterns are a crucial element of technical analysis in Forex trading, helping traders identify potential trading opportunities and predict price movements. In this article, we'll explore the most common chart...