Sentences with phrase «basically daily support»
Pivot points are basically daily support and resistance levels that are calculated from the previous day's price data, and provide potential turning points or profit targets for the day's trading.
https://www.fxdayjob.com/ Not exact matches
On the weekly chart of $ FXI below, notice the price has just clipped intermediate - term support of its 10 - week moving average, which is basically the same as the 50 - day moving average on a daily chart: The -LSB-...]
Basically, I'm going to take you guys on a ride through my brain (scary I know) as I decide where to draw support and resistance levels on some real - time daily charts.