Traders and analysts chart the movements of stock prices over time to pinpoint the support levels and resistance levels that indicate optimal times to buy and sell. Support and resistance are two ...
Momentum trading and support and resistance are two popular technical analysis strategies that can be used to identify trading opportunities. Both strategies have their own advantages and ...
Gold and silver prices ended Thursday’s session on a slightly weaker note after a volatile day of trading. Both metals ...
Yields on the 10-year Treasury bond have risen by nearly 40 basis points over the past weeks. US 10-year yields surpassed the key 200-day moving average and attempted to test the 50dma. Get the ...
In last week’s commentary, we mentioned the technical backdrop as one that could produce further choppiness ahead of a traditionally weak seasonal period in the two weeks after September standard ...
Tesla’s (NASDAQ:TSLA) stock has been on a rollercoaster ride over the past few months. Since April, it has nearly doubled in price to $270 per share but could not hold, reversing to under $200 per ...
XRP struggles below $2.30 but shows signs of recovery. Traders watch key support at $2.15 and resistance near $2.45 for the ...
The Layer-1 token dropped 2.5% amid a sharp rise in trading volume, with a potential rebound forming after a double-bottom.
The Nifty appears slightly stretched in the short term. This ongoing consolidation offers opportunities for fresh accumulation in sync with its higher high–higher low formation.
Bitcoin has seen modest gains recently, moving towards a significant resistance point that could determine its future ...
This is negative. If the trend continues, then the upside could be capped for the day, and the Nifty can fall more.
“… the SPX is now sandwiched between its 20- and 50-day moving averages, and is below double the 2020 March closing low as we head into options expiration week ...