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.

Fibonacci retracements are a tool used in financial markets to find points of support and resistance on a price chart. These levels are found by first pinpointing a high and low of a assets original ...

A growing number of traders are looking to technical analysis tools to help them trade the ETF universe, which now extends to almost every financial niche imaginable. The Fibonacci Retracement tool is ...

Applying Fibonacci levels to your Forex charts is a simple yet advanced two step method for finding price targets in the trends path. Article Summary: When studying how to place trades in the ...

In this trading lesson, Elliott Wave International's Jeffrey Kennedy shows you how you can use Fibonacci to forecast potential turning points in your charts. You'll learn the most common Fibonacci ...

(MENAFN- DailyFX) FIBONACCI TALKING POINTS: - Fibonacci retracements can be applied to a variety of markets in the effort of identifying possible support or resistance levels. - In this article, we ...

Fibonacci extensions is a technical analysis’ tool that shows probable hidden support or resistance levels at prices where traders don’t expect a retracement or pullback. If a Fibonacci extension ...

The S&P 500 was down 1% in afternoon trading Thursday, and has now shed 6.7% amid a five-day losing streak and has dropped 9% since closing at a four-month high on Aug. 16. The 387.58-point decline ...