Spot gold is pushing slightly higher late Thursday, holding just above the key retracement zone between $4192.36 and $4133.95. Traders are watching this band closely — a sustained bid above it keeps ...
For active investors, the challenge is not typically finding a good stock or an entry point; it’s knowing where to get out. When a stock surges past its previous high, you enter what technical ...
0157 GMT — Bitcoin’s retracement after stabilizing late last week has reintroduced fragility and volatility, says Emir Ibrahim at digital asset trading firm Zerocap. U.S. data in the week ahead could ...
The Global X Uranium ETF has retraced 50% of its recent rally, presenting a potential buying opportunity amid strong nuclear power demand. URA benefits from the AI-driven surge in power needs, global ...
Leonardo of Pisa, known as Fibonacci, introduced Hindu-Arabic numerals to Europe in 1202. His famous number sequence began as a simple rabbit puzzle. Centuries later, this sequence gained fame for its ...
Imagine the market is like a massive rubber band. When stretched too far in one direction, it must inevitably snap back, or retrace, before moving forward again. The challenge for the individual ...
While the bears dominated price action early last week, the bulls managed to show strong support below $100,000. Bitcoin price dropped briefly below $100,000 on Tuesday, Wednesday, and Friday, but ...
The Fibonacci sequence is more than a historical curiosity. It is a practical method of technical analysis used to highlight potential areas that traders monitor for support and resistance.
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 ...
Monica Kingsley is a trader and financial analyst serving countless investors and traders since Feb 2020. EUR/USD is trading with a positive bias in early Europe on Wednesday. The pair is drawing ...