The S&P 500 is trading at new highs. GBPJPY is highly correlated to the S&P 500, but has not broken out of a triangle. GBPJPY has just rebounded from the daily 23.6% Fibonacci level which is bullish.

This narrative can sometimes be interpreted through a mathematical sequence introduced to the West in the 13th century by the Italian mathematician Leonardo of Pisa, also known as Fibonacci. YWO ...

- NZDUSD has also broken a downtrend line on the daily chart time frame. - The 61.8% Fibonacci expansion target is a conservative profit taking level. Though recent economic data out of China’s ...

EUR/USD currency pair is trading at the 61.8% Fibonacci retracement level these days, since it printed a double top pattern a month ago at 1.3170 and that EUR/USD Forecast: Using Fibonacci Retracement ...

The world of forex trading is dynamic and ever-evolving, with opportunities and risks lurking at every turn. To navigate this landscape effectively, traders must equip themselves with the right tools ...

This is the first section of a new course we are releasing next month on Fibonacci analysis. Feel free to provide feedback . What you will learn: - Prices frequently move relative to Fibonacci levels ...

Fibonacci fans are very similar in concept to Fibonacci retracements and in many ways they are used the same way. Both are effective tools for identifying support and resistance levels, entries and ...

Add articles to your saved list and come back to them any time. Technical traders have a variety of methods available to find support and resistance. Today, learn to time trades using Fibonacci ...