Parabolic Sar in classic analysis In classical technical analysis, one popular tool used to determine trend direction is the Parabolic SAR, or Stop and Reverse, indicator. This indicator was developed by Welles Wilder and is used to identify...
EUR/USD/D1 EUR/USD yesterday, after a small southern pullback, the price was reversed and quite confidently pushed to the north, resulting in the formation of a full bullish candle, which, with its northern shadow, was able to update the high of the...
Gold Price Action Review We are currently analysing gold price behaviour. Presently, the price hovers just below the critical level of 2325. As long as this range remains unbroken, selling remains relevant. Today, the currency trades at 2287, with...
Let's look at the chart of the period D1 - AUD/USD currency pair. The current wave of growth has updated the maximum of the previous one upward. The MACD indicator is in the upper buy zone. However, these signals of an upward mood are no longer...
The Federal Reserve's interest rate decisions have profound impacts on the foreign exchange (forex) market. This essay will explore how changes in the federal rate influence forex trading, the mechanisms behind these effects, and their broader...