Recent content by fxmars

EURUSD: The first thing we notice on the D1 chart by the EUR/USD is the bearish divergence between the graph and the Stochastic oscillator. The tops from April 11 and May 8 are in an ascending order on the graph, while the Stochastic Oscillator has arranged them in a descending order. This was...

EURUSD: The price did a bullish break through the three times tested resistance at 1.38500 and it got out of the horizontal corridor it has been following for the past two weeks. Currently, the price is following another, bullish corridor, which walked the price through the upper level of the...