#WTI prices saw very little movement after OPEC+ announced their highest production cut ever. The 6 week average price of crude is now...

#WTI#Crude opens with a gap down of 30% on 9th March 2020, to the lows of 2015-2016. In 2009, prices moved from 33 to 66 (~+100%) in 4...

Current price 2541 The S&P 500 closed 15% above its weekly low of 2200. That’s a significant bounce and the low point is likely to...

Current Price 8300 The Nifty 50 is up 6.4% for the day. While this is in line with global markets, in the last 20 years there has been...

Current Level: USD 35.39 Observations on the weekly chart: Since the financial crises, the stock has mostly traded in the range of 35...

Current Level: 11.96 Observations on the daily chart: After consolidating between US$ 14 and US$ 19, prices of Silver have fallen below...

Current Level: 1.0973 Observations on the daily chart: From the February 2018 high of 1.2511, the EURUSD has been in a downtrend,...

Current Level: EUR 33.18 Observations on the weekly chart: Since 2009 the stock has traded sideways and in the range of 37 and 57 for 75%...

Current Level: EUR 26.6 Observations on the weekly chart: Daimler is trading in a down trend. However, it is currently at a long term...

Oscillators are the alternative to trend following approaches that were discussed in previous sections (trend lines, moving averages, ...

This oscillator was popularized by George Lane. It is based on the observation that in an uptrend closing prices tend to be in the upper...

This oscillator was developed by J Welles Wilder, Jr. He points out that there are two difficulties using the momentum line: 1. sharp...

This is a summarized version of this Japanese system for Technical Analysis. We will touch upon the key elements of this method and its...

It is easier to understand this concept by means of an illustration. Given below is the weekly chart of the S&P 500 from mid 2018 to end...

Support and Resistance The correct names for the peaks and troughs in the previous discussion are Support and Resistance. Support: The...

The three basic premise on which technical analysis is based: 1. Market Action discounts everything 2. Prices move in trends 3. History...

A moving average is one of the most flexible and widely used technical indicators. Chart analysis is largely subjective and difficult ...

Markets movement is usually characterized by a series of waves or fairly obvious peaks and troughs. It is the direction of these peaks...

This technique was developed by John Bollinger. Two trading bands are placed on either side of a moving average (these bands are called ...

Fundamental Analysis • Study of economic forces affecting demand and supply which cause prices to either move higher or lower or stay the...