Traders and analysts chart the movements of stock prices over time to pinpoint the support levels and resistance levels that indicate optimal times to buy and sell. Support and resistance are two ...
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 ...
Last week’s SPX low was the site of its 50-day moving average, as well as its early-May peak “While we are now on the lookout for increased volatility, let’s look at potential pullback zones for the S ...
Chart patterns are essential tools in technical analysis that help traders identify potential market movements and make informed trading decisions.
$SPX is at Monday close last week, so more certain some of last week's decline attributed to delta-hedge selling. Short-term resistance in 5,100-5,150 area & support ...
Meta Platforms trades near $636 after staging a sharp rebound from its multi-week selloff earlier in November. Buyers stepped in aggressively at the $600 support zone. Read more ...
What is fundamental analysis in crypto? Fundamental analysis is a technique used to assess an asset’s intrinsic worth, such as a stock, bond or cryptocurrency, by looking at a variety of qualitative, ...
The USD/MXN exchange rate has remained in a consolidation phase in the past few months. The USD/MXN pair has remained inside a narrow range as investors focused on the actions by the Federal Reserve ...
XRP (CRYPTO: XRP) rebounded 2% after tagging an important support level, with derivatives traders trying to push ...
Support and Resistance are technical terms used to identify prices at which a security might be likely to attract additional buyers or sellers. Learn how investors can use the concept of support and ...