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Retrace waves in Elliott wave theory Furthermore, wave probes show perpendicular waves as opposed to those occurring in perceptual and perpendicular wave systems. These are the main ones: There are 2 waves and 4 waves in the impulse wave. Wave B is...
XAU/USD Forecast Greetings and Good Morning Guyd. Have a new successful trading week! This week, the US dollar again has a lot of news events. On Friday, the market of XAU/USD dropped sharply down and reached around the 2293 zone. It cannot remain...
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...
EURUSD technical analysis This level of 1.0760 is the monthly level that supports the price at the beginning of each month as the first support level for the pivot indicator. After a two-month period of upward movement, the EURUSD pair has recently...