The DXY (US Dollar Index) has been in focus recently, showing a significant breakout on the weekly time frame. As a technical analyst, I analyzed key indicators that confirm the strength of this breakout. Below, I share my observations under distinct headings to highlight the factors driving this move. 1. Price Trading Above the 40-Period […]
DXY Breakout – 106 Level | Next Stop – 112 Read More »
n technical analysis, a regression line is a straight line that best fits two sets of data, like price and time. It’s created using a method called linear regression, which determines the line’s slope and starting point.
Mastering Regression in Technical Analysis: Unveiling the Power in Market Trends Read More »
As per the latest observation on 6th August 2023, we must wait for the major hurdle of 26.38 to be crossed on Closing basis in Weekly timeframe and if it does with a handsome support from Volume Indicator along with a situation where it is Outperforming NASDAQ returns as per RS Indicator then we do not observe any major stop till 34.00
Mattel Stock: Why Analysts Are Bullish on the Toy Maker New Target 34 Read More »
Support and Resistance Indicator – 7 FREE Indicators with Example Support and Resistance Indicators track price movements, with Resistance Point representing the peak of rise, where resistance is sold, and Support Point representing the trough of fall, where decline is bought. Resistance Zone occurs when multiple resistance levels occur at the same price level (within
Support and Resistance Indicator – 7 FREE Indicators with Example Read More »
Log Scale vs Linear Scale – Linear Scale Price move from 10 to 20 = 20 to 30 but in Log Scale > 10 – 20 (100%) is NOT 20-30 (50%) Price Move.
Log Scale vs Linear Scale chart – Difference & Which one to use Read More »
ata Interval is the time gap between two data points referred to as a data interval in technical analysis which is sometimes also referred as Multiple Timeframe analysis. It is the time frame used to depict an asset’s price movement on a chart. Depending on the trader’s ……
Data Interval – Definition and How to use it to make a living? Read More »
Algorithmic trading, commonly referred to as “Algo Trading” or “Automated Trading,” is a way to trade financial assets that automates transaction execution based on pre-established rules and methods.
What is Algorithmic Trading? Read More »
Technical analysis is a way of predicting the future price movements of financial markets by analyzing any security’s historical Price data. This approach …
What is Technical Analysis of Financial Markets ? Read More »
A trendline is a straight or curved line (changing with Security’s Price viz. Moving Average) that is generally shown on a Price Chart to help visualize the general direction of Security’s Price Trend.
What is a Trendline? How to draw it? Read More »
Hammer is a single Candlestick reversal pattern in technical analysis whose tail is at least twice of its body and the body is mostly small with ‘very little’ or ‘no’ wick at the top of the candlestick body
What is Hammer Candlestick? How to trade them? Read More »
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