Stocks fell amid worries about Omicron

Stocks fell on Monday, the start of a holiday-shortened week of trading, as investors considered new virus-related restrictions in other countries and worried that a significant social policy bill might be shelved.   The S&P 500, Dow Jones Industrial Average, and Nasdaq Composite dropped more than 2% in intraday trading. Treasury yields declined as investors […]

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News Technical Analysis

How You Can Use Fibonacci Retracement with Trendlines

The Fibonacci retracement is defined as a technical indicator that identifies support and resistance levels. It has retracement levels of 0%, 23.6%, 38.2%, 50%, 61.8%, 78.6%, and 100%. The Fibonacci retracements, unlike other indicators, cannot generate buy and sell signals directly. They instead act as guides alongside other indicators to make sound trading decisions. On […]

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Forex Trading Strategies News Tips

How to Use Stochastic Oscillator to Create Your Forex Trading Strategy

It is a common trend to use a momentum indicator like stochastic oscillator to pinpoint potential trend reversals in Forex trading. Stochastic oscillator measures momentum by comparing the closing price to the trading range over a period of time. On the chart, stochastic oscillator is represented by two lines. There is the %K which is […]

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