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To continue where we left off from the MACD tutorial we did a few days back. As you notice, the MACD indicator is showing only one of the EMA (EMA 26) line, and you’re wondering now where is the other one (EMA 13). Thanks to Jose for sharing this indicator file.
With the Interest Rate statement released at 5.75% last month which brought the pound to an all new time height of 2.0561, the pound is taking a breath with a retracement to the 2.0280 level . Seasonal chart shows that the pair usually dives towards the end of July till Mid August.
It’s really encouraging when people recognises you in a way or two. Thanks to McIver for doing a little plugin on Top 25 Forex Bloggers, we’re proud to be one of them
On the other hand, do check out the rest of the bloggers as well, you might be able to gain daily insights and learn from them too.
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