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day trading support and resistance News

Asian Stocks Trade Mostly Higher - Street.Com

HONG KONG -- Asian stock markets were mostly higher Tuesday, shrugging off lackluster trade in the U.S. and Europe amid growing optimism the world economy will recover later this year. In Tokyo, the Nikkei 225 stock average rose 0.9% to 9125.65 as a ...

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Trend of the Day: GBP/AUD - DailyFx

GBPAUD has it a new 10 day low and looks poised to go lower in the face of a Bank of England rate cut and Aussie dollar strength. Look to either sell a break and daily close below 2.0256 or sell at the .618, 200 SMA, and resistance trend line

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Post of the Day: Resistance/Support - DailyFx

The third touch confirms the validity of the line. The first point is, for all intents and purposes, just a random spot on the chart. The second point can be connected to the first but means nothing relative to a trendline since the second point ...

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Sensex consolidates; metals, banks up - Economic Times

MUMBAI: Equities were gaining some strength Tuesday after lacklustre trade in the morning due to lack of direction and an up-move in previous trade. Mixed Asian markets were of little help to offer any support. Traders were quite active in smallcap ...

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Euro and Gold loses support - FXStreet.com

U.S. Dollar Trading (USD) found strength against the Euro and JPY but lost ground against most other currencies which rebounded with improving market sentiment and rebound in commodity demand. US Construction Spending dropped by less than expected at ...

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Sensex choppy; realty,auto down - Economic Times

MUMBAI: Indian equities were consolidating Tuesday after a smart rally in previous trade. Most sectoral indices were in the red except for metals and IT stocks. Ambit Capital expects profit booking in today’s trade. “Even though Nifty closed ...

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Chart of the Day − EUR/USD - FXStreet.com

(Chart courtesy of FX Solutions' FX AccuCharts. Price on 1st pane, Slow Stochastics on 2nd pane; downtrend line in red; horizontal support/resistance lines in yellow; Fibonacci retracements in grey; chart pattern in magenta; 50-period simple moving ...

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