Support and resistance lines conform the most basic analytical tools and are commonly used as visual markers to trace the levels where the price found a temporary barrier. In other words ...

For instance, the recent USD/JPY pivot point was recorded at 149.25 with current trading at 149.74. This indicates the price is hovering above the pivot point, suggesting a potential bullish trend. If ...

Traders use them to determine if a market is trending and, if it is trending, as dynamic support and resistance levels. Many traders also use moving averages as the basis of a trend-following ...

Investopedia / Lara Antal The Ichimoku Cloud is a technical analysis tool that provides insights into trend direction, momentum, and dynamic support/resistance levels, helping traders recognize ...