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Support and resistance lines conform the most basic analytical tools and are commonly used as visual markers to trace the levels where the price found a temporary barrier. In other words ...
Natural gas extended its decline, approaching key Fibonacci support at $3.23, with multiple bearish signals and a confirmed ...
Natural gas retested key resistance and reversed sharply, suggesting a possible short-term pullback before the next attempt ...
"USD/CNH is firmer but holding under its 200-day moving average at 7.2235. China’s April real sector data was soft.
The USD/ZAR slipped lower on Thursday as broad weakness in the U.S. dollar boosted risk sensitive rand The dollar weakness ...
EUR/NZD slipped lower on Monday as signs of easing U.S.-China trade tensions boosted kiwi dollar. U.S. President Trump said ...
Navigating a market trapped between support and resistance becomes emotionally challenging. Investors face sharp rallies into resistance — and retracements back to support — wearing down sentiment ...
Round-number levels are especially prone to serve as support or resistance, as investors view pullbacks to such levels as good entry points for long positions or potential closeout points for ...