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 ...

Understanding the concepts of support and resistance is crucial for analyzing forex market behavior and making informed trading decisions. These two fundamental terms refer to specific price levels on ...

Correctly predicting stock price movements may help some traders outperform the market. Knowing which factors influence stock price movements makes it easier to forecast price changes and potentially ...

Support and resistance are among the most commonly taught concepts in technical analysis, yet they are also among the most misunderstood. Many traders treat them as predictive tools, expecting price ...

James Chen, CMT is an expert trader, investment adviser, and global market strategist. Somer G. Anderson is CPA, doctor of accounting, and an accounting and finance professor who has been working in ...

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 ...

Technical analysts identified key support and resistance levels as ether fluctuated near $2,400. Ether prices have rallied lately, climbing over the last week and fluctuating close to the $2,400 level ...

The first week of trading in 2023 performed the same as we have experienced since mid-December (barring Friday). In other words, from Monday through Thursday, the S&P 500 Index (SPX – 3,895.08) found ...

“…the strong rally from its 200-day moving average pushed the SPX back above the level that marked its trendline breakout in January at 3,970. Additionally, the ...