Rachael Taylor / Blog
In a warning issued by the National Bank of the Kyrgyz Republic the users in the country have been warned against Bitcoin and other similar virtual currencies...
The Double Top and Double Bottom patterns are quite common and easily recognizable chart patterns which occur on all timeframes and in all markets. Let’s take a closer look at this classic reversal pattern...
While no indicator is perfect, they can help traders address probabilities in a market Moving Averages can be helpful, but often lack an active signaling mechanism MACD takes trading with moving averages one step further The MACD Line MACD is an acronym that is short for Moving Average Convergenc...
The market can be moved between parallel support/resistance levels. Price channel between two parallel lines may often be drawn in market with trending. The key to price channel is that the lines be parallel to each other...
Prices continue to advance as expected after putting in a Bullish Engulfing candle pattern at support set from October 2013. A daily close above the 23.6% Fibonacci retracement at 10456 has exposed a horizontal pivot at 10481. Pushing further beyond that targets the 38.2% level at 10513...
The USD/CAD pair initially fell during the course of the week, but as you can see we broke above the 1.08 handle finally...
The most recent short interest data has just been released by the NASDAQ for the 07/15/2014 settlement date, and we here at Dividend Channel have sifted through this fresh data and screened out these five S&P 500 stocks...
Crude’s bounce back to noteworthy resistance at 103.76 offered a fresh opportunity to look at shorts. The failure to breach the 23.6% Fib Level alongside an intact downtrend suggests further weakness ahead. However, given the close proximity to nearby support at 101...
Prices resumed their move upward to set a new record high. Near-term resistance is at 1995.80, the 38.2% Fibonacci expansion, with a break above that on a daily closing basis exposing the 50% level at 2010.40. Alternatively, a reversal below the 23.6% Fib at 1977...