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Overall Average Signal calculated from all 13 indicators. Signal Strength is a long-term measurement of the historical strength of the Signal, while Signal Direction is a short-term (3-Day) measurement of the movement of the Signal.
AUD has broken new highs this year against USD. However, AUD/USD has been consolidating since its last high in February.
There are now few catalysts available for AUD to stage another leg higher, and as such I imagine that the current trading range will be shortly tested on the downside.
AUD is particularly exposed to (especially negative) shifts in economic...
Also known as trading the “gopher” the USDJPY pair is one of the most traded pairs in the world. The value of these currencies when compared to each other is affected by the interest rate differential between the Federal Reserve and the Bank of Japan.
Bitcoin is a peer-to-peer online currency, meaning that all transactions happen directly between equal, independent network participants, without the need for any intermediary to permit or facilitate them. Bitcoin was created, according to Nakamoto’s own words, to allow “online payments to be sent directly from one party to another without going through a...
EUR/USD is trading below the 200-period SMA on the four-hour chart after managing to hold above that line mid-week. On the downside, 1.1040 (Fibonacci 50% retracement of the latest downtrend) aligns as the first support before 1.1020 (100-period SMA) and 1.1000 (psychological level, Fibonacci 38.2% retracement).
On the flip side, EUR/USD faces immediate...
Speculations that authorities would intervene and respond to the recent sharp decline in the Japanese yen, along with fading hopes for diplomacy in Ukraine, acted as a headwind for the USD/JPY pair. Bearish traders further took cues from the ongoing decline in the US Treasury bond yields, though resurgent US dollar demand helped limit the downside for spot prices,...
