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 ...
The break and retest strategy is a common and effective way to trade forex. This approach is grounded in the principle of market psychology, where traders anticipate that after a key level of support ...
Silver’s correction finds support at the 200-Day EMA and 50% retracement of the most recent trend, with a low of 2.66. That low was hit Friday, before silver turned higher to complete a reversal day ...
----- USD/JPY Update Time:14 Jan 2009 02:28 GMT Range Forecast 89.35 / 89.65 Resistance/Support R: 89.85 / 90.30 / 90.70 S: 89.21 / 88.80 / 88.41 ----- EUR/USD Update Time:14 Jan ...
At the interbank foreign exchange, the rupee opened at 88.75 and traded in the range of 88.57-88.79 before settling at 88.68, ...
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