Comment: The base of the formation that was tested last week, met buyers and yesterday we saw a retracement above the first resistance levels of the downtrend. Our cautiousness, regarding the ...

Learn some of the essential techniques for predicting currency exchange rates, aiding businesses and traders in optimizing ...

Gordon Scott has been an active investor and technical analyst for 20+ years. He is a Chartered Market Technician (CMT).

Smart trading decisions rely on analyzing market trends, asset valuation, and investor behavior. Three key approaches are fundamental, technical, and sentimental analysis. This article explores these ...

[B]EUR/USD[/B] [IMG]http://www.forexfactory.com/attachment.php?attachmentid=132241&stc=1&d=1216725229[/IMG] [B][U]Resistance[/U][/B] : 1,5940/ 1,5960-70/ 1,6000-15/ 1 ...

Comment : The downtrend is still valid as yesterday's retracements were limited within the ranges we had set. Resistance at 1.5670-00 met bears and the day starts with euro reaching yesterday's lows.

Technical analysis examines trading activity through price movements and volume to identify investment opportunities based on historical market data. Unlike fundamental analysis, which assesses a ...