The S&P 500 is trading at new highs. GBPJPY is highly correlated to the S&P 500, but has not broken out of a triangle. GBPJPY has just rebounded from the daily 23.6% Fibonacci level which is bullish.
The EURGBP is has recently rebounded from an area of significant Fibonacci support If you have been trading for any length of time, you have undoubtedly seen the big Forex move that got away. There is ...
This is a technical tool available to new or experienced investors regardless of your trading time horizon or market of choice. Fibonacci analysis is a way to forecast levels of support and resistance ...
Most traders who use technical analysis are familiar with using single Fibonacci price relationships (such as price retracements) to help define potential support and resistance points in a market.
Forex trading is a dynamic, ongoing market that challenges the trader to employ decision-making skills based on history, trend, and price action. To prosper in the challenging marketplace, forex ...
If you caught our last video we were looking at a long on USDCAD and a short on AUDCAD. Well, look what happened. Firstly, we are a day later than usual as yesterday many of the US markets were closed ...
In the update below we have the swing point and what to look for above and below based on the two methods of analysis. It had one big close below the 3379.00 major Gann square, only to close right ...
Mastering forex trading in Nigeria is a combination of knowledge, discipline, and the smart use of technology. By equipping ...