Trading Support and Resistance
Last week, forecasted that the AUD/USD was likely to rise in value. This was a good call, as the currency pair ended the week up by 0.81%. This week we’ll… Read more »
Tag: resistance
NASDAQ 100 Forecast: Testing Previous Resistance
The NASDAQ 100 has pulled back during the previous Globex session to show signs of weakness and an attempt to reach down towards the 11,500 level The market is testing… Read more »
Resistance Levels in Focus as Real is Challenged
Resistance levels are being tested by the USD/BRL consistently as speculators attempt to trade within the forex pair’s tight range. Advertisement Latin American currencies can give great price movements.Trade them… Read more »
TA: Bitcoin Smashes Heavy Resistance at $12K And Its Likely To Continue Higher
Bitcoin price is up over 2% and it broke the $11,800 and $12,000 resistance levels against the US Dollar. BTC is now trading above $12,000, with high chances of more… Read more »
Trading Support and Resistance
This week, we forecast that the AUD/USD is likely to rise in value. This week we’ll begin with our monthly and weekly forecasts of the currency pairs worth watching. The… Read more »
Resistance Zone Positioned to Ignite Profit-Taking
Sweden opted for a highly controversial and much-criticized no lockdown and limited social restrictions approach during the first wave of the Covid-19 pandemic. The economy suffered equally to the rest… Read more »
Traders set the 200 hour MA as topside resistance for the EURUSD
Price rise today could not extend above the 200 hour MA The price action today in the EURUSD did a good job of following standard technical levels. At the low, the pair stalled near… Read more »
Top traders go long after Bitcoin price rallies to key $11.5K resistance
On Oct. 7 Cointelegraph reported that top crypto traders had kept a bearish stance since mid-September and at the time the Bitcoin (BTC) long-to-short ratio had reached its lowest level… Read more »
S&P 500 Eyes Key Resistance Level at 3,500 With Upward Momentum
S&P 500 Index Technical Forecast: Bullish The S&P 500 index climbed to one-month high after the formation of bullish “AB=CD” pattern The index tested the upper Bollinger Band, showing strong… Read more »
S&P 500 Eyes Key Resistance Level at 3,500 With Upward Momentum
S&P 500 Index Technical Forecast: Bullish The S&P 500 index climbed to one-month high after the formation of bullish “AB=CD” pattern The index tested the upper Bollinger Band, showing strong… Read more »