The phrase “pivot points” in relation to Forex trading is often misunderstood. Many traders believe it refers only to the daily pivot point, calculated as an average of: the high, the low and the ...

Gordon Scott has been an active investor and technical analyst or 20+ years. He is a Chartered Market Technician (CMT). Yarilet Perez is an experienced multimedia journalist and fact-checker with a ...

The euro is crying out for coverage, since it has been rallying into major target areas recently. On 25 January, I noted that the market had reached the important 50% Fibonacci level(see chart below).

Pivot trading is a popular technique in forex that helps traders pinpoint key support and resistance levels based on past price data. These levels act as decision points for potential market moves, ...