Foreign exchange rates - US Dollar vs Euro and Yen - Technical analysis
Today's Technical analysis session focused on the Currency exchange rates in multiple time frames including daily, weekly, and monthly.
US Dollar (DXY), Japanese Yen (USDJPY), Euro (EURUSD) - yep, they're all covered.
Several advanced Technical analysis methods were applied and described in detail:
- Japanese candlesticks and energy
- Fibonacci retracement and energy
- How to draw Andrew pitchforks
The video wraps up with a quick check on the Silver and Gold price charts, along with an update on the equity markets (S&P 500, Dow, Nasdaq).
Be careful or you'll also learn about Technical analysis tools and how to apply them starting from a blank chart.
Basic methods covered:
- Trend lines
- Moving averages
- Support and resistance zones
- MACD
- Stochastics
Advanced methods covered:
- Andrews Pitchforks
- Impulsive price action
- Fibonacci retracement
- Energy and Japanese candlesticks
- Energy and Fibonacci tools
https://satoritraders.com/blog/foreign-exchange-rates-us-dollar-vs-euro-yen
