Support

The hourly chart has the 1.3390s as the first support to break. Bears eye a 50% mean reversion where bulls might be compelled to move in again at a discount.  The Canadian Dollar weakened against the US Dollar on…

USD/CAD bulls look to the 50% mean reversion target of the bearish impulse. Bears eye supports below 1.3300, targeting 1.3250/20 and then 1.3200 / 1.3150.  USD/CAD has blown off on Tuesday as preliminary domestic…

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…

Two of the primary features of any price chart that are critical components for any price action trader to thoroughly understand, are support & resistance levels and price action event zones. You are probably more familiar with…

This precious metal has been pacing back and forth inside a range visible on its short-term charts. Can silver break out soon or is another bounce in the cards? Silver (XAG/USD) 1-hour Chart by TradingView It’s the range that keeps on…

US Dollar Talking Points:The US Dollar printed a doji on the weekly bar, holding right around the 102 level that’s the 50% mark of the 2021-2022 major move.Fundamentals are driving the market next week as we get the FOMC on Wednesday…

FTSE 100, Dax 40 Talking Points:FTSE 100 - price action unchanged around 7770.Dax 40 resilience holds above 15,100.Stocks remain firm despite rising fundamental risks Recommended by Tammy Da Costa Get Your Free…

US Dollar Talking Point: Recommended by James Stanley Get Your Free USD Forecast It’s been a week now and the US Dollar is still grasping for support at the 101.77 level that had come into play last Monday.…

FTSE 100, DAX 40 Technical Outlook Recommended by Tammy Da Costa Get Your Free Top Trading Opportunities Forecast Dax futures have recently struggled to maintain the bullish momentum responsible driving the…

Natural Gas, Head & Shoulders, Doji – Technical Analysis:Natural gas prices heading for a fifth week of consecutive lossesThe bearish Head & Shoulders trajectory remains in focus nextDoji candlestick emerged on daily chart as…