Prices are pulling back from resistance at the top of a rising channel set from early June. Initial support lines up at 127.01, the 23.6% Fibonacci retracement. A break below that exposes a rising ...
Trading mistakes are like hidden traps—easy to fall into and hard to escape. From rookies to seasoned traders, the market doesn’t discriminate, turning even a minor oversight into a costly blunder.
Prices are testing support in the 79.53-60 area marked by the August 17 close and the 23.6% Fibonacci retracement. A break below that exposes the 38.2% level at 79.13. Near-term resistance is at 80.39 ...
Bloomberg reports that all three are winners so far in 2016. If that continues through year-end it will be only the second time in the past decade that all three have worked. They say the momentum ...
Continuation patterns are a type of chart pattern that forms during a temporary pause in an existing market trend before it resumes. These patterns suggest that the forex market is taking a breather ...
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