Resistance

Share: AUD/USD bears are in the market and eye the 38.2% Fibo. Daily trendline supports are a focus on the…

Share: EUR/USD bulls eye higher highs but a correction could be on the cards.  Bears eye a correction to…

Share: EUR/USD bulls run out of steam inside seven-week-old horizontal resistance region. Overbought RSI,…

Share: NZD/USD snaps two-day uptrend despite bouncing off intraday low of late. One-month-old descending…

Support occurs when falling prices stop, change direction, and begin to rise. Support is often viewed as a “floor” which is supporting, or holding up, prices. Resistance is a price level where rising prices stop, change…

So the Reserve Bank of Australia (RBA) raised its interest rates. While Governor Lowe and his team recognized that inflation has passed its peak, they felt that 7% is still too high. They raised RBA’s interest rates by another 25 basis…

Share: Silver Price grinds near weekly high as bulls attack convergence of key resistance lines. Upbeat…

Share: USD/CAD holds lower ground during two-day retreat from monthly high. Bearish MACD signals add…

Share: USD/JPY leaps past the 140.00 mark, despite US economic data suggesting a potential Fed rate hike.…

Share: EUR/JPY bulls ahve run into test the 150s. Resistance could prove tough and lead to a retest of…