Forex Trading Library

How to Use Pivot Points

Pivot points or pivots are useful indicators for determining levels at which the sentiment of the market can change from bullish to bearish or vice versa. Generally seen as markers of support and resistance, pivot points are widely used by…
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Dow Jones 2018-03-20

Dow managed to hold downtrend pressure yesterday where market was short with only 50 pips from target zone 24300-400 Market nw facing first Intraday resistance level at 24830 where as long as market holding below this zone the downtrend…
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Gold 2018-03-20

As we advised yesterday and as we see over our previous chart Gold managed to sustain drop pressure where market closing again from support line 1302-05 As long as market holding trades above 1302 another rebound correction wave may…
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Oil (F) 2018-03-20

As we advised yesterday for the Intraday levels Crude Oil managed to hold support zone after testing 61.15-40 where managed to head from there to break above resistance 62.70 as we advised Market now showing chance for farther advance…
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USDJPY 2018-03-20

USDJPY managed to head for some rebound advance after market failled for several times to test 105.25-50 support zone Market now facing resistance downtrend line around 107.00-20 which may push again for drop movement toward 105.25-50 to…
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GBPUSD 2018-03-20

GBPUSD managed to head for farther advance yesterday before market retreate today after worse than expected Inflation figures today Intraday showing support at 1.3990 where as long as market holding above another advance to test 1.4140…
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EURUSD 2018-03-20

Euro managed to head above 1.2335 resistance yesterday in signs of more advance may be on hand before market faced by German investor confidence slid to its lowest level since 2016 as concern rises that Europe’s largest economy…
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