What is Trend Following?
Trend Perspective and Justifications: Trend following is a trading methodology that seeks to capture gains through the analysis of an asset’s momentum in a particular
USD/JPY Daily Chart Analysis – 2024-04-29
USD/JPY sharp dip as prices reach 160 Technical Analysis of USD/JPY: USD/JPY has demonstrated heightened volatility, oscillating within a wide range of 155.15-160.20, accentuated by
The Week Ahead-Top Economic Events impacting Currencies and Gold – 2024-04-29
Dollar Index: The focus is largely on the upcoming Federal Open Market Committee (FOMC) meeting and the Non-Farm Payroll (NFP) data, which are significant for
EUR/USD Daily Chart Analysis – 2024-04-26
EUR/USD bullish post lower Q1 US GDP, key data risks for Friday include Core PCE Data The EUR/USD currency pair witnessed a moderate rise, reaching
Trading Strategy Design Using ADX ,DPO and SMA
Trend Perspective and Justifications: Key Indicators Utilized in the Strategy50 period Simple Moving Average (SMA): This tool is used to gauge the overall market direction.
USD/JPY Daily Chart Analysis
USD/JPY bullishness continues as 156 Level for Next Resistance As of April 25, 2024, USD/JPY has successfully breached the 155 level, which has been a
Weekly Gold Outlook-25-04-2024
Current Factors Influencing Current Gold Prices: Gold prices experienced a decline on Thursday as investors opted to secure profits following a sustained period of gains
Weekly Oil Outlook-24-04-2024
Current Factors Influencing Current Crude Oil Prices: Oil prices continued their upward trajectory on Wednesday following unexpected data showing a decrease in U.S. crude inventories
GBP/USD Daily Chart Analysis – 2024-04-24
GBPUSD pulls back from recent lows, key data risks include Friday PCE Data As of April 24, 2024, GBP/USD has presented a consolidation pattern above
EUR/USD Daily Chart Analysis – 2024-04-23
EUR/USD slight pullback from Recent Lows, Key PCE Data for Friday holds Risk The EUR/USD currency pair has encountered a challenging phase, primarily influenced by