The S&P 500 is trading at new highs. GBPJPY is highly correlated to the S&P 500, but has not broken out of a triangle. GBPJPY has just rebounded from the daily 23.6% Fibonacci level which is bullish.
EURUSD is trading near a 3-month high just shy of the 1.3900 psychological resistance area. The Euro has closed above weekly triangle resistance and a significant Fibonacci Level The lack of overhead ...
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Fibonacci and the Future: How Ancient Math Powers Modern Technology
It’s wild to think that a math puzzle from the 1200s is now helping power AI, encryption, and the digital world we live in. Every November 23, math lovers celebrate Fibonacci Day, a nod to the ...
As I mentioned in a recent Charts in Play, flag formations are one of my favorite chart patterns to trade. These triangles generally represent continuation patterns or pauses in a major trend.
Arabic numerals to Europe in 1202. His famous number sequence began as a simple rabbit puzzle. Centuries later, this sequence gained fame for its beautiful properties and connection to the Golden ...
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