This article will present a new technical trading tool, which is one of the most useful and meaningful tools that can help us to trade better and understand the market movement. Because one of the most useful features of technical indicators is that they can show us what prices can't show and this will be based on the calculation for every indicator, one of these useful indicators is the average directional index (ADX) indicator. We will learn this indicator ...
The Australian Dollar underperformed against the US Dollar last week despite a hotter-than-expected local CPI report. Could an RBA rate hike revive AUD/USD bulls? The weekly price is on strong bearish breakdown: the price broker Ichimoku cloud to below for the primary bearish reversal for testing 0.6966 support level for the bearish trend to be continuing or for the ranging condition to be started. more...
US Dollar rally may see a short-term pullback on the FOMC announcement. Base case scenario (50 bps hike) could lead to a pause in the USD’s rally. Daily price is on strong primary bullish trend: the price is testing 103.94 resistance level to above for the bullish trend to be continuing. Alternatively, the price will be on secondary ranging within 101.34/103.94 support/resistance level waiting for the direction of the strong bullish trend ...
This article presents some ideas related to the most popular and comprehensible indicator — the Moving Average (МА). Each indicator will use one or several Moving Averages and sometimes also ATR for defining a distance to arrows or drawing channel lines. more...
Ramon Ward-Thompson (1941) The Mill stream Bibury
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