ContentStep #1: Trade only at the London open or the 8:00 AM GMTPivot Point Candlesticks StrategyThe pivot-point bounce strategyWhat are Resistance levels?The Close Line Tactic: Pivot Points and Candle Chart PatternsGetting started with Bullish Candlesticks The Non-Farm Payrolls (NFP) news event drove USDJPY prices higher without hesitation, completely ignoring R1, where no resistance was

Additionally, the US ISM Manufacturing PMI also impressed the US Dollar buyers with the 47.6 figures versus analysts’ estimation of 47.0 versus 46.4 previous readings. The greenback decisively crossed both its 50 and 200-day moving averages in the past month, with the 200-day average offering solid support throughout. While reduced rate hike expectations

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It helps you pinpoint potential profits that are beyond the short-term expectations of a trader. Fibonacci retracement is a technical analysis method that helps determine support and resistance levels in the Forex market. The Fibonacci retracement levels are considered as movements in the currency pair price charts that move against the ongoing market trend.

It was dropped from the industrial average in 1928, added back in 1939, and dropped again in 2004. Adding to the confusion, the new AT&T Inc. shares graced the Dow from 2005 until 2015 because SBC (renamed AT&T after the 2005 merger, remember?) had been a Dow component since 1999. Intel, founded in