Tagged: Levels of Support and Resistance

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Natural Gas (NGAS) Outlook

The natural gas markets move downward, but then find sufficient support in even more significant point, to the level of $ 3. A break below this level would bring the market lower, perhaps to...

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GBPUSD Outlook – Update

GBP/USD the pair did very little during the day on Monday as we continue to simply meander just below the 1.24 level. Ultimately, I believe that this market will have to make some type...

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EUR/USD after NFP

Euro dollar after non-farm payrolls, The euro-dollar recovers from two-week lows in the wake of the disappointment from the report on the US labor market below expectations. The euro-dollar, after struggling to find a...

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Introduction Support and Resistance

Support and Resistance We can imagine the support and resistance as a floor and a glass ceiling limiting the excursion of the market movement. Understanding these important concepts will help us to develop a...

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NZD/CAD Pending Sell Option EOD

NZD/CAD looking for short setup. Another simple reason to short nzdcad that it is on strong resistance and also rejection from resistance, We should wait for a nice pull back to short it.!! Follow...

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New Update DAX

GER30 DAX bounced a bit during the day on Monday, as we have seen quite a bit of support in this region. This is an area that was previously resistive, so it makes sense...

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GBPCHF Pending Call Option

GBP/CHF Pending Call Option Price has retraced into a corrective structure, and is now testing the lower parallel of an upslope median line. It’s consolidating at that level where we should watch for a...

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Trading Phases

Trading Phases When a trend is underway, the price rarely follows the same direction constantly, but instead performs oscillations; it takes breaks, then explodes into trend, then stops again. These phases are defined in...