Tag: Resistance

Support and Resistance – Analytics & Forecasts – 21 October 2022

Support occurs when falling prices stop, change direction, and begin to rise. Support is often viewed as a “floor” which is supporting, or...

USD/CAD: The path of least resistance remains 141 by year-end – Credit Suisse

Credit Suisse maintains a bullish bias on USD/CAD targeting a move towards 1.41 by year-end."Front -end USDCAD risk reversal skews have eased over the past 2 weeks, following a period of considerable larger...

Buyers and the USDJPY continued to inch closer to the 150.00 natural resistance level

The USDJPY continues to inch higher after breaking above a topside trend line earlier in the day.The pair is also up for the 11th consecutive day 149.228. The current underside of the...

Germany 40 (DAX) Rejects Resistance as Fed Rate Hike Bets Rise

DAX (German 40) Talking PointsDax 40 rejected by Fibonacci resistance as prices fall back towards long-term psychological support holding at 12,000.Dax futures remain bound between 12,000 and 12,400, providing support and resistance for...

Dax 40 Holds Ground as Energy Stocks Rise – Resistance Remains Key

Dax 40 News & Analysis:Dax 40 supported by energy stocks, but key resistance limits the upside moveGlobal equities face major systemic risk ahead of this week’s economic dataDax futures remain faithful to key...

Here’s Why Rising Hedera Price Could Revert From $0.062 Resistance

Published 9 hours ago The bull cycle within the descending triangle pattern encourages buyers to hit the $0.0622 resistance. Until the price action remains trapped in this pattern, the altcoin will continue to...

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