The Australian and New Zealand dollars edged higher on Wednesday as a truce in the Middle East seemed to be largely holding for the moment, outweighing a soft domestic inflation ...
When studying technical analysis many traders come across a variety of methods for determining support and resistance. One of the most used methods for finding these pricing levels includes Fibonacci ...
When trading, the numbers on a chart tell a story. It is a story of rhythm, of ebb and flow, of expansion and contraction. This narrative can sometimes be interpreted through a mathematical sequence ...
- Use Fibonacci tool by connecting the last swing low and last swing high to display 5 possible areas of support - Look for price to turn at one of these 5 main levels before entering a trade for the ...
In this article, Elliott Wave International's Jeffrey Kennedy demonstrates ways to spot trading opportunities across any market and timeframe. Elliott Wave International's Senior Analyst Jeffrey ...
You only have to look at the charts below to see how well the Notes held the retracements it needed to keep the trend intact (23.6% and 38.2%) and also how the trend changed on the low at a 78.6% ...
If you like this type of analysis and trade the Grain/Livestock futures you can become a Premium Member. You can also follow ...
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 ...
Major central banks have hiked their policy rates in the face of surging inflation since the Covid-19 pandemic — but the Bank of Japan has been an outlier. It has stayed put ... The Australian and New ...