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 ...

Multiple chart views are always helpful for me when I am analyzing a single pair and even a single time frame. Each chart view can have an individual tool that will help me identify support and ...

As thousands of new traders enter the stock market, many are overwhelmed by complex jargon and tools. But understanding just two simple concepts can significantly improve your trading: support and ...

Please Note: Blog posts are not selected, edited or screened by Seeking Alpha editors. Here are some key forex support and resistance levels for the upcoming trading week. These technical levels are ...

Looking at the 4hour chart, EUR/USD reached an intraday high at 1.3978 (January highs). At this area, a congestion exists from 1.3978 to 1.3842 as seen on the second chart below. The pair may test the ...

My previous AUD/USD signal on 4thNovember produced a nicely profitable long trade from the bullish bounce off my support ...

One of the most basic concepts of technical analysis is support and resistance. Key points below the current price are known as support, and those above the current price are resistance. For example, ...

Investopedia contributors come from a range of backgrounds, and over 25 years there have been thousands of expert writers and editors who have contributed. Thomas J Catalano is a CFP and Registered ...