What is Support and Resistance? The purpose of support and resistance levels is to identify favorable entry and exit points. There are multiple trading strategies that incorporate support and ...
It’s a new trading week, and the team is back with another Support and Resistance Level Report. The first pair for this report is the Euro/Dollar, which has R1 of 1 1830 and S1 of 1 18. Standing at a ...
Support and resistance levels are like the bread and butter of trading strategies, especially in the high-stakes world of Bitcoin. These levels act as psychological barriers that influence how a ...
The precious metals complex has established a floor of support over the past five months. For Gold it is around $1150/oz and for Silver it is around $15.50/oz. Pick any miner index and you’ll see the ...
Every time Bitcoin slipped under $100,000 last week, buyers flooded in—now the weekly 55 EMA at $99,000 is the line in the sand for the next move.
Breakout trading is a trading strategy that aims to capitalise on significant price movements in a financial market. These price movements happen when an asset’s price breaches its trading range – the ...
Gold (XAUUSD) pulls back from the $3,450 resistance level. Silver (XAGUSD) finds strong support at $35.50 and continues to move higher. US Dollar Index (DXY) rebounds from 98 but remains below the ...
Gold and silver prices ended Thursday’s session on a slightly weaker note after a volatile day of trading. Both metals ...
Nifty Bank prediction, May 28: Nifty Bank opened lower at 55,458.95 and ended in the red at 55,352.80 level, shedding −219.20 points or 0.39 per cent. The index has been consolidating in a tight range ...
Bank Nifty prediction tomorrow: Snapping the two-day declining sessions, Nifty Bank ended in the green on Thursday. The index gained 554.30 points or 1.01 per cent, settling at 55,355.60, signaling ...
Gold and silver prices witnessed a recovery from lower levels last week, supported by weak US consumer sentiment data and ...