Technical outlook and chart setups: As seen here, the yellow metal has broken down towards the Fibonacci 0.68 support of the rally from 1,324.00 to 1,488.00 level recently. It is recommended to book maximum short positions and take profits on ...―
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Technical outlook and chart setups: As seen in the daily chart, the yellow metal remains supported around 1550.00. The prices have bounced back producing a dogi/hammer candle yesterday. It can be safely assumed that, at least in the short term, a...―
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Technical outlook and chart setups: As seen here on the daily chart setup, Silver has approached the 0.786 Fibonacci support at 28.10/20. Furthermore, this region is the past resistance turned support as well. Prices have taken out our stops at...―
Aidan Dwyer, Solar Panel Designer ∙ If you’ve read (or seen) The Da Vinci Code, you might know the term “Fibonacci sequence.” If you paid attention, you might also know that it’s a mathematical sequence in which each...―
Technical outlook and chart setups: As depicted here, the single currency pair has risen from yesterday’s lows around 117.00 to 120.50 (our measured Fibonacci extensions). A higher up resistance level is at 120.00 and above, while immediate...―
Let’s start with a refresher for Fibonacci numbers. By definition, the first two numbers in the Fibonacci sequence are 0 and 1 (alternatively, 1 and 1), and each subsequent number is the sum of the previous two. Thus a Fibonacci sequence ...―
Dow Industrial y Dow Utilities aun no exceden el nivel de retroceso fibonacci de 61.8%. Dow Utilities cerro la semana pasada con una vela japonesa tipo ahorcado. Esta es una formacion que indica una reversa de la tendencia alcista.El Dow ...―
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