Fibonacci

Bitcoin (CRYPTO: BTC) surged by 4.5% between Monday and Wednesday, marking its most impressive performance since the third week of June. The revival of positive sentiment in the cryptocurrency market indicates both favorable news developments and bold bullish bets from major investors. To gain a...

The following post was written and/or published as a collaboration between Benzinga’s in-house sponsored content team and a financial partner of Benzinga. EUR/USD Current Price: 1.1916 ECB’s President Christine Lagarde said tightening would be premature. The dollar corrected lower in a...

Palantir Technologies Inc. (NYSE: PLTR) announced Monday that the company was selected by the National Nuclear Security Administration for a five-year, $89.9-million contract. The contract is for the NNSA's Safety Analytics, Forecasting and Evaluation Reporting Project....

Key Points: The optimism seen at the begging of the week faded with coronavirus-related headlines. Focus this Wednesday on the EU Commission Economic Growth Forecasts. EUR/USD retains a mildly positive technical stance in the short-term. The EUR/USD pair is finishing Tuesday a handful of pips...

By Carolyn Boroden, ElliottWaveTrader.net Facebook Inc. (NASDAQ: FB) has rallied from our recent buy set-up, bouncing off our Fibonacci price projection zone just above $200, triggering a buy entry.  The potential target, if that $200 level is a more important low, is the 1.272...

EUR/USD Current Price: 1.1152 US-China  “comprehensive” trade deal didn’t trigger any market reaction. Wall Street surged to all-time highs, pulled back ahead of the close. EUR/USD bullish, next critical resistance at 1.1180, a relevant Fibonacci level. Speculative...

EUR/USD Current Price: 1.1132 US inflation met the market’s expectations in December, failed to impress. EU-US trade tensions dented demand for the shared currency. EUR/USD stuck around 1.1100, upside limited by Fibonacci resistance at 1.1145. The market mood was not that positive this...

GBP/USD Current Price: 1.2898 The latest UK election poll showed that Conservatives lead narrowed to 7.0%. The UK CBI Distributive Trade Survey on realized sales surprised on the upside in November. GBP/USD held above a critical mid-term support at around 1.2810. The Pound was the exception to...

EUR/USD Current Price: 1.1052 EU Commission downgraded the Union’s growth forecasts for this year and the next. USD demand resurged amid Wall-Street hitting fresh all-time highs. EUR/USD to fall further on a break below next Fibonacci support at 1.1030. The EUR/USD pair fell to a fresh...

In an interview with Benzinga, Carolyn Boroden of the trading education site Simpler Trading discussed her story of becoming a technical analyst. Beginnings Boroden is an analyst who specializes in Fibonacci trading analysis. Her Wall Street career began at Donaldson, Lufkin & Jenrette's...

BTC/USD still languishes under selling pressure following rejection at $11,000. Bitcoin buying power is still strong enough to keep the price above the 61.8% Fib level. Bitcoin continued with the uptrend as discussed yesterday after breaking above the hurdle at $10,800. A break occurred above $11...