SearchMastering Support & Resistance15th August 2006 Support and resistance represent key junctures where the forces of supply and demand meet. In the financial markets, prices are driven by excessive supply (down) and demand (up). Supply is synonymous with bearish, bears and selling. Demand is synonymous with bullish, bulls and buying. As demand incr... This article is courtesy of EffectiveFX US Dollar / Japanese Yen Technical Levels | Euro / US Dollar Technical Levels | Mid-Day Report: Yen Boosted by PBoC, CAD Breached 30 Yr High Categories: Forex News |
|
||||