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 ...

Pivot points provide support and resistance levels, but is different in that they aren't as subjective as Fibonacci levels. A pivot point is an indicator that is very similar to Fibonacci levels.

When combined with other technical tools, pivot points are valued among day traders for their ability to analyze price movement and more. Updated Feb 9, 2023, 1:24 p.m. Published Oct 6, 2018, 9:30 a.m ...

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With so many traders piling into long positions on the euro, it's little wonder the market capsized, says John C Burford. Here, he uses two essential charting methods to set his next target. The euro ...