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What Are Fibonacci Retracements and Fibonacci Ratios?
Fibonacci retracements are popular among technical traders. They are based on the key numbers identified by mathematician Leonardo Pisano, nicknamed Fibonacci, in the 13th century. Fibonacci's ...
Article Summary: When studying how to place trades in the direction of the trend many traders focus on the four most common indicators used by technical traders. However, by adding Fibonacci to your ...
Gold completed a 61.8% Fibonacci retracement today and it also popped briefly above the downtrend line. It is on track to close at resistance of the line. Today’s high was 1,949, which also put gold ...
Is the S&P 500 index’s recent rally real, or is it just a bear-market bounce? That’s always a question investors have when the market is rising after a significant selloff. Given all the uncertainty ...
As market turbulence sweeps across sectors, Apple Inc. (NYSE:AAPL) is not immune. The tech giant’s stock has encountered double-digit declines in August, resulting in a staggering loss of around $400 ...
An ongoing retracement in natural gas continues with a drop below Thursday’s low. Support for the day was seen at a low of 2.54, followed by an intraday bounce. The ...
The S&P 500 just needs a little push to pull off a major technical comeback. Using closing prices, the S&P 500 fell 1,161.38 points, from its Feb. 19 record close of $6,144.15 to its April 8, one-year ...
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