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Fibonacci Retracement
• Identifies potential reversal levels (23.6%, 38.2%, 50%, 61.8%, 78.6%).
• Draw from swing high to swing low (downtrend) or vice versa (uptrend).
8. Volume Analysis
• Confirms trend strength. Rising volume during a trend = validation.
• Volume Indicators: On-Balance Volume (OBV), Volume Weighted Average Price (VWAP).
9. Timeframes
• Scalpers: 1-minute to 15-minute charts.
• Day Traders: 1-hour to 4-hour charts.
• Swing Traders: Daily to weekly charts.
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⚪️Gold price retakes $2,900 mark amid broadly weaker USD
XAU/USD 0.78%
AUD/JPY Price Forecast: Bearish outlook remains intact near 96.50
AUD/JPY 10.05%
EUR/JPY falls to near 159.00 following robust Japan's GDP data
EUR/JPY. 0.16%
Silver Price Forecast: XAG/USD advances to near $32.50 after rebounding from nine-day...
XAG/USD. 11.12%
Top 3 Price Prediction Bitcoin, Ethereum, Ripple: BTC, ETH hold steady while XRP gai...
XRPUSD
NZD/USD advances to two-month peak, around mid-0.5700s amid weaker USD
NZD/USD. 0.11%
WTI holds steady above $70.50, eyes on Russia-Ukraine peace deal
USOIL. 10.58%
Japan's Hayashi: Will respond carefully to potential impacts of Trump's tariffs
USD/JPY
0.22%
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