Understanding the concepts of support and resistance is crucial for analyzing forex market behavior and making informed trading decisions. These two fundamental terms refer to specific price levels on ...
The break and retest strategy is a common and effective way to trade forex. This approach is grounded in the principle of market psychology, where traders anticipate that after a key level of support ...
----- USD/JPY Update Time:14 Jan 2009 02:28 GMT Range Forecast 89.35 / 89.65 Resistance/Support R: 89.85 / 90.30 / 90.70 S: 89.21 / 88.80 / 88.41 ----- EUR/USD Update Time:14 Jan ...
If crude oil can close above the $65 level, I am a buyer with a stop loss near the $63.75 level, and a target of $70. The Monday session has seen a lot of buying pressure, as we are testing a few ...
My previous AUD/USD signal on 22nd October was not triggered as none of the key support or resistance levels were reached ...
Silver’s correction finds support at the 200-Day EMA and 50% retracement of the most recent trend, with a low of 2.66. That low was hit Friday, before silver turned higher to complete a reversal day ...
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