Percentage-retracement levels are yet another technical indicator useful in defining short- and long-term price trends in a security or sector. Percentage retracement levels are based upon the ...

Fibonacci retracement is a popular tool in technical analysis used by traders to identify potential reversal levels and support or resistance points in the price movement of assets. Based on the ...

Most markets opened on Monday with a huuuuge gap. Some in particular opened at interesting levels. For example, GBPJPY Fibonacci analysis shows the pair opened at a hard resistance above the daily ...