Search results for resistance
USD JPY has broken above the minor resistance line of 83.67 this morning, which is a strong indicator of bullish traders confidence that the currency[...]
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The USD JPY has entered into a bullish sentiment and is eying the 84.49 major resistance line. From a forex technical analysis, if the currency pair [...]
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The GBP/USD is rallying this morning and has reached the 1.6594 high. Intraday bias remains on the upside, as long as the 1.6110 minor support line i[...]
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Doji are neutral indicators that simply represent a “tie” in the never-ending battle between buyers (bulls) and sellers (bears). They form when the o[...]
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Support and resistance
For the upcoming week 342 and 356 will act as major resistance and 302 and 286 will act as major supports. For MCX Copper m[...] read more »
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For the upcoming week 342 and 356 will act as major resistance and 302 and 286 will act as major supports. For MCX Copper m[...] read more »
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The USD JPY has been able to sustain its uptrend, since the currency intervention at the G7 meeting and now its at the pre-quake level of 83.00. The [...]
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I like to establish the days pivot point (along with R1, R2, S1 and S2) before I begin any trading session. In my mind, these are hypothetical point[...]
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USD JPY was met by resistance @ 89.18
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The USD JPY has taken a turn for the worst and it’s at 89.25 level this morning. On the bright side, two major resistance (88.74 and 88.00 ) may hold[...]
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USD JPY hit a resistance @ 87.35 and it’s currently @ 87.80 level. I wouldn’t enter a long-term buy or sell position now, without waiting for the “Tr[...]
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