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1080 items found for "support and res"

  • Utilizing Bollinger Bands in forex day trading: A Comprehensive guide

    Support and resistance levels: Bollinger Bands act as dynamic support and resistance levels. Traders can also incorporate other technical analysis techniques, such as chart patterns or support and and resistance levels. Stop-loss orders should be placed based on careful consideration of the price action, volatility, and support /resistance levels.

  • Trading Deja Vu: Recognizing historical patterns in forex

    Traders interpret the breach of the "neckline" (a support or resistance level) as a signal to enter a Conversely, a double bottom emerges when the price reaches a particular low (support level) twice but constant support level. A flag pattern resembles a rectangular shape and is tilted opposite to the prevailing trend. Confirmation bias: Traders might fall victim to confirmation bias, interpreting data in a way that supports

  • Positive outlook for GBP amid economic recovery and political stability

    Stable governance can lead to consistent economic policies and reforms that support long-term growth. Lower inflation rates can boost consumer confidence, increase spending, and support overall economic which in turn supports the value of the pound. Such stability can lead to increased foreign investments and support the pound’s value. Analysts suggest that sustained interest in carry trade transactions could support the pound.

  • Double top and double bottom patterns in forex trading

    The peaks form when the price reaches a certain level and fails to break above it, creating a resistance key elements: a) An established uptrend in price. b) Two distinct peaks of similar height, indicating resistance The troughs form when the price reaches a certain level and fails to break below it, creating a support elements: a) An established downtrend in price. b) Two distinct troughs of similar depth, indicating support The third peak or trough further reinforces the resistance or support level, increasing the significance

  • Gold's market indecision: Analyzing recent price fluctuations and future expectations

    Gold concluded the trading week slightly above the important support level of $2,300 per ounce. Some market observers are speculating whether this drop was sufficient to reset investor expectations Despite recent price drops, the gold market has demonstrated resilience. Buyers have managed to hold the price above the $2,300 support level. This support holding has led to speculations on whether the recent dip was deep enough to trigger a renewed

  • Reverse trading strategy in forex: A comprehensive guide

    As the price nears a key support level, you start to suspect that a potential reversal might be on the and analyze the moving averages, which show that the price is approaching a historically significant support A few days later, you observe a bullish engulfing candlestick pattern forming right at the support level You set a tight stop-loss order just below the support level to limit potential losses if the reversal will yield profitable results.

  • Investing for a greener tomorrow: Exploring sustainable investment strategies

    Environmental impact: Sustainable investments support the growth of industries that prioritize renewable to support and trust companies that have a proven track record of responsible behavior. Financial support for companies engaged in sustainable research and development leads to advancements Startups and small enterprises developing green innovations often require financial support to scale to support future philanthropic endeavors.

  • Federal Reserve balances inflation concerns with rate cut deliberations

    In late January, Federal Reserve officials were seeking more assurance that inflation was on a steady During their recent two-day meeting, Federal Reserve officials grappled with the possibility that progress The Federal Reserve also faces other issues, such as the possibility of increased economic potential The Federal Reserve's pressing decision revolves around when to initiate rate cuts. The economy's continued robustness, evidenced by strong growth and low unemployment rates, further supports

  • U.S. NFP report triggers Dollar drop and Fed rate cut speculation

    This response in the market was primarily due to the reported increase of 175,000 jobs in the non-farm Federal Reserve to commence reductions in interest rates sooner than later. This continuous increase in unemployment, alongside the sluggish job creation, supports the view that The Federal Reserve, responsible for setting monetary policy, likely views these data points with great Consequently, the market has now fully priced in a 25 basis point rate cut by the Federal Reserve in

  • Banks turn to booming ABS market amid Basel III regulations

    These regulations are designed to enhance the resilience of the banking sector but are also expected In response, banks are packaging more auto loans, equipment leases, and other forms of debt into asset-backed Andrew South, head of structured finance research at S&P Ratings, mentioned at a recent conference that One clear indicator of robust demand is the rapid acquisition of asset-backed securities supported by Factors such as the upcoming US presidential election and possible shifts in Federal Reserve monetary

  • China's PBOC launches $69 billion tech-focused relending program!

    specific banks, the PBOC demonstrates its intent to leverage existing banking networks and expertise to support The program's design indicates a keen understanding of the critical support needed by these enterprises Furthermore, it extends its support to encompass high-end projects, highlighting the bank's commitment This relending program can be seen as a response to these indications, aiming to provide a financial measure to mitigate broader economic risks and support sustainable growth. 07.04.2024

  • Analysts predict GBP/USD rebound to 1.28 by end of 2024

    Moreover, the expectation of foreign capital inflows, spurred by upcoming elections, further supports The potential to reach the 1.28 dollar resistance level in 2024 and 1.33 dollars in 2025 is based on The analysts believe that the fundamentals of the UK economy are strong enough to support this growth These rate cuts are expected to stimulate the economy and support the growth of the pound. They expect the dollar to remain strong in the near term, supported by its status as a global reserve

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