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 ...

Momentum trading and support and resistance are two popular technical analysis strategies that can be used to identify trading opportunities. Both strategies have their own advantages and ...

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 ...

$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 ...

“… the SPX is now sandwiched between its 20- and 50-day moving averages, and is below double the 2020 March closing low as we head into options expiration week ...

The first week of trading in 2023 performed the same as we have experienced since mid-December (barring Friday). In other words, from Monday through Thursday, the S&P 500 Index (SPX – 3,895.08) found ...

XRP struggles below $2.30 but shows signs of recovery. Traders watch key support at $2.15 and resistance near $2.45 for the ...

Sensex prediction tomorrow, 6 June: Domestic benchmark indices held their ground on Thursday ahead of the RBI monetary policy outcome announcement. Both Sensex and Nifty closed on a firm footing ...

In last week’s commentary, we mentioned the technical backdrop as one that could produce further choppiness ahead of a traditionally weak seasonal period in the two weeks after September standard ...