Gold consolidating ahead of Fed Minutes Dollar weakness could fuel a short-term rally in the yellow metal It remains to be seen if the key support level at $1780 will hold Today, Wednesday, August 17, the federal reserve will comment on their view of the economy and how they will approach fiscal policy for the Read More…
Crude Prices continue to fall with a multi-year trend line broken to the downside The next support level to watch is $87.61 Inventory Report will be the main focus for Investors on Wednesday Crude Oil has traded down since our last technical analysis overview of the commodity with prices now at $85.47 per barrel. Once Read More…
Moving average convergence divergence (MACD) is one of the most versatile technical indicators – it’s both a trend and momentum indicator. The MACD indicator can best be described as a 2-in-1 indicator; it shows the start of a bullish or bearish trend using the MACD crossover and the strength or weakness of a trend with Read More…
Technical indicators have always been faulted for lagging, making price action analysis invaluable to any trader. With hundreds of chart patterns to choose from, it may not be easy to decide which one is more reliable and suited to your trading style. However, it’s a general consensus that the ideal ones should generally be easy Read More…
If you’re a value or equity investor, you’ve probably heard of fundamental analysis. Equity analysts, securities analysts, financial accountants, and corporate managers use fundamental analysis to determine the value of various securities, such as stocks, bonds, and derivatives. Whether you want to measure business acumen, find a good company to invest in, or predict the Read More…
Understanding different chart types and recognizing important price patterns will help you optimize your trading, whether you are a beginner or an experienced trader. Alongside fundamental and or technical analysis, the ability to recognize a trend reversal or a continuation pattern should enhance your trading skills, Whether you trade forex, futures, fixed income, equities, or Read More…
