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...
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Technical Analysis of New Zealand Dollar/ US Dollar Last trading week, the New Zealand dollar managed to extend its upside after forming strong support at 0.6082, bouncing off that level before hitting another extreme around 0.6198. This allows him...
EUR/USD Price Action Market Forecast (4-Hour Chart) Good evening everyone. Tonight I will be discussing the EURUSD trend. The performance of EURUSD last week Friday was huge, EURUSD rose to 1.0900 resistance level during the Asian session but...