Tag: Resistance
Bitcoin realized price bands form key resistance as bulls lose $24K
Bitcoin (BTC) consolidated lower on Aug. 9 after familiar resistance preserved a multi-month trading range.BTC/USD 1-hour candle chart (Bitstamp). Sou [...]
Euro Technical Analysis – EUR/USD Trapped in Tight Range, EUR/JPY at Key Resistance
EUR/USD AND EUR/JPY FORECAST:EUR/USD remains stuck in a horizontal channel, but a breakout could be around the cornerEUR/JPY probes key Fibonacci res [...]
S&P 500, Nasdaq 100, Dow Jones: Grinding into Key Resistance
Indices Talking Points:The S&P 500 is approximately 14.62% above the June low, with the Nasdaq 100 putting in a move of as much as +20.92% and th [...]
2 metrics signal the $1.1T crypto market cap resistance will hold
Cryptocurrencies have failed to break the $1.1 trillion market capitalization resistance, which has been holding strong for the past 54 days. The two [...]
Bitcoin price battles $23.5K resistance amid relief over Pelosi Taiwan trip
Bitcoin (BTC) rose to daily resistance at the Aug. 3 Wall Street open as United States equities gained on relief over Taiwan.BTC/USD 1-hour candle cha [...]
Gold Price Rally Bumping Into Resistance, Taiwan Tensions Escalate
Gold Price (XAU/USD), Chart, and AnalysisPrior support levels now turn into resistance levels.US House Speaker Nancy Pelosi to visit Taiwan.Retail tr [...]
S&P500 Facing Major Resistance, As US Manufacturing Inflation Softens
Inflation has been keeping the FED on a very steep monetary tightening path, which has been sending the USD higher and the stock markets lower since e [...]
Gold Test of Key Support Leads to Resistance Rally
Gold Talking Points:Gold prices have seen prices continue to slide this summer, with last week finally bringing on that test of key support in the 17 [...]
Trying to Sell EUR/USD Below the 1.0250-70 Resistance Zone
EUR/USD turned quite bearish earlier this month, pushing below the parity level and reaching 0.9950s, before reversing higher, claiming back some of t [...]
Price Action Support and Resistance
Price Action Support and ResistanceAs we look at throughout our education section there’s a plethora of ways to find support and resistance levels. Fi [...]
Bitcoin bulls miss key resistance flip as BTC price sheds 8%
Bitcoin (BTC) extended losses on the July 21 Wall Street open after a key resistance level failed to hold as new support.BTC/USD 1-hour candle chart ( [...]
Support at Prior Resistance, Resistance at Prior Support
As we talked about in our introduction to price action, markets are cyclical creatures. Prices go up, prices go down and as traders, the most we can h [...]
Using Candlestick Wicks to Identify Price Action Support and Resistance
Earlier in the sub-module we introduced the topic of support and resistance when using price action and we started by focusing on a very important par [...]
USD/CAD Falls After Channel Resistance Holds, Canadian Dollar Hinges on Inflation Data
CANADIAN DOLLAR KEY POINTS:Canada’s inflation data will grab the spotlight on WednesdayJune’s consumer price index is seen rising 0.9% on a seasonall [...]
Bitcoin (BTC) Tests Technical Resistance – Softer USD Lifts Sentiment
Cryptocurrency, Bitcoin Talking Points:Bitcoin, Ethereum rise, softer USD boosts riskier assetsCoinbase suspends its affiliate program in an effort t [...]