Noura_rowland_Ellis

Noura_rowland_Ellis

The triple exponential average indicator is an oscillator used to identify oversold and overbought markets, and it can also be used as a momentum indicator. Like many oscillators, TRIX oscillates around a zero line. When it is used as an oscillator, a positive value indicates an overbought market while a negative value indicates an oversold market. When TRIX is...

Noura_rowland_Ellis

The RSI is without a doubt the most famous momentum indicator out there, and this is to be expected as it has many strengths especially in ranging markets. It is also bounded between 0 and 100 which makes it easier to interpret. The RSI is calculated using a rather simple way. We first start by taking price differences of one period. This means that we have to...

Noura_rowland_Ellis

A simple moving average (SMA) calculates the average of a selected range of prices, usually closing prices, by the number of periods in that range. A simple moving average is a technical indicator that can aid in determining if an asset price will continue or if it will reverse a bull or bear trend. -Understanding a Simple Moving Average (SMA) A simple moving...

Noura_rowland_Ellis

Trend Magic Indicator suits with all sort of currency pairs around the market and it also fits with any kind of timeframe charts at metatrader trading software. What is Trend Magic indicator? Trend Magic Indicator is a combination of Commodity Channel Index (CCI) and Average True Range (ATR). That is how it plots the trend signals and identifies the possible...

Noura_rowland_Ellis

What is lines regression? The linear regression channel is a three-line technical indicator, which outlines the high, the low, and the middle of a trend or price move being analyzed. -Linear regression analysis is used to predict the value of a variable based on the value of another variable. On the other hand the slope is negative in a downtrend and it is then...

Noura_rowland_Ellis

It seemed like what I was expecting happened. from now . The dollar has strengthened and we can have up to the 95 range. But can this level be exceeded?

Noura_rowland_Ellis

Price is testing a demand zone . We could see price slow down and change direction to the upside

Noura_rowland_Ellis

Price is approaching pivot level of 0.93329 where we have 100% Fibonacci extension level horizontal swing high resistance lining up. A reversal from this level might see price take support at 0.92396, which is in line with 61.8% Fibonacci retracement level horizontal overlap support. Finally, price is unlikely to surpass our strong resistance at 0.93864, which...