Relative strength index: Bulls vs Bears
The relative strength index (RSI) is an indicator used in technical analysis to measure the momentum of recent price changes.
Tag - technical analysis
Japanese Candlestick and the Market Reversal
Japanese candlesticks serve as a super effective tool for market analysis. Do you know how to interpret them?
Gold Holding Well Above 1775
Gold Daily Chart Throughout last week’s trading, gold traded within a tight range, but it also managed to hold well above its 1775 support area until the end of the week, while the technical indicators has improved over the past few days, including…
USD Resistance Remain Solid
Daily Chart The US Dollar Index tried to break above 93…
USD/ZAR Broke Above 15.00. Will It Rally Further?
The fresh resurgence of Covid-19 cases and Fed’s Meeting Minutes drove USD/ZAR above the psychological mark of 15.00.
Another EUR/USD Trade!
4H Chart Daily Chart We sent out a signal yesterday to long EUR/USD between 1…
New EUR/USD Trade
4H Chart Daily Chart EURUSD declined back yesterday after trying to test its 1…
Gold Trade Hit Short-Term Target
4H Chart Daily Chart Gold managed to rise further at the end of last week’s trading, reaching our short-term target at 1750 and 1780 mentioned in our weekly video market update and in our previous daily notes…
EUR/USD Hit All Targets
4H Chart Daily Chart EURUSD managed to rise further on Friday inline with our expectations, reaching our entire targets mentioned in our previous notes at 1…
Gold Trying to Break Higher
Gold H4 Chart Gold Daily Chart Gold managed to recover over 50% of its flash crash that occurred at the beginning of this week…
Dollar Index Testing Resistance
USD Index 4H Chart USD Index Daily Chart The US Jobless Claims declined slightly to 375K inline with the market estimates, while the PPI data showed an acceleration, including PPI and Core PPI on MoM and YoY basis, sending the US Dollar index…
EUR/USD Worth the Risk Today!
4H Chart Daily Chart EURUSD declined further on Monday reaching as low as 1…
