Technical analysts often use Fibonacci retracement levels as targets when trading stocks. The key Fibonacci numbers are ratios derived from the Fibonacci series. A Fibonacci series starts with 0 and 1 ...

Article Summary: When studying how to place trades in the direction of the trend many traders focus on the four most common indicators used by technical traders. However, by adding Fibonacci to your ...

Traders swear by Fibonacci retracement — a simple yet powerful tool that helps decode the market’s twists and turns. Rooted in a centuries-old mathematical sequence, these key levels reveal where ...

Ideally, when the market is in a downtrend, we should look for rallies up off of the lows to a resistance level as a selling opportunity. Conversely, when the markets are in an uptrend we should look ...

AUD/USD nearing Golden Fibonacci Retracement Target The AUD/USD is closing above the 200 DMA today for the first time since November of last year. And this development, as the pair is near the highs ...

The weekly chart of Mosaic Company (MOS) reveals an important technical development just as the company heads into its earnings report. Mosaic has been in a prolonged downtrend since its April 2022 ...