Casey Murphy has fanned his passion for finance through years of writing about active trading, technical analysis, market commentary, exchange-traded funds (ETFs), commodities, futures, options, and ...
Fibonacci retracement uses specific ratios to predict stock reversals. Key Fibonacci levels are 0%, 23.6%, 38.2%, 50%, 61.8%, and 100%. Investors use these levels for setting price goals and trading ...
The cryptocurrency market is known for its volatility and rapid price movements. For traders looking to navigate the unpredictability of digital currencies, technical analysis tools are indispensable.
These Fibonacci confluences suggest that pullbacks into these zones would represent technically healthy retracements rather ...
A retracement in investing refers to a temporary reversal in the direction of an asset's price that occurs within a larger trend. It represents a short-term dip or pullback before the asset resumes ...
Natural gas rebounded from a fresh retracement low but stalled quickly, keeping bearish pressure intact as traders watch ...
Gold enters its seventh day of a pullback following the new record high of 2,195 hit last week. Nevertheless, the retracement so far has been mild indicating remaining buying pressure for the precious ...
Bitcoin sees a modest rebound into the weekly candle close, but traders see key resistance overhead. BTC price action risks a much deeper drop if bulls fail to reclaim that resistance zone. Fibonacci ...
Natural gas continues to retrace its prior advance today with a drop to a low of 3.02. Today’s decline successfully tested support around the prior swing high of 3.02 (now potential support), leading ...