Do you know about the Gann Indicator, oh common! its a perfection We can learn the technicalities of the Gann indicatory while profiting from the EURAUD BULLISH MOVEMENT Gann indicator is a technical indicator built up with a quarter circle, with cutting edge on angles, drawing angles to trade and forecast is probably the most popular analysis tool used by...
The Bearish trend in the USDCHF pair has been interesting, looking right from the weekly trend, the bearish movement has not ended, taking a look at the fibbonacci retracement level before continuation of the bearish trend and a confirmation with the trend line breakout on Friday has indicated a possible retracement of around 0.618 to 0.5%. A return from the...
Technical indicators are a fundamental part of technical analysis and are typically plotted as a chart pattern to try to predict the market trend. Indicators generally overlay on price chart data to indicate where the price is going, or whether the price would go bullish or bearish. Trend lines drawn on the GBPUSD chart above indicates the general course or...
The Uptrend in the GBPUSD pair hit the Down trendline @ 1.2644 Downward trend continue Chart invalid if GBP/USD CROSSES 1.2304 above (SL) target 1 - 1.2177 target 2 - 1.2155