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What Is a Pivot Point? How Is it Calculated?

General Definition of Pivot Points What is a pivot point? It is a concept that traders should be familiar with as it is essential to any analysis. It serves as a benchmark for determining the probable market direction in the next session and identifying key support and resistance levels of different assets including forex, stock,Continue Reading
Written on May 22, 2023 at 1:56 pm
Categories: Knowledge Intermediate
The Technology Sector Gains Support from US Indices.

UBS anticipates that the demand for gold from central banks will remain robust even after a record-breaking year of purchases. In 2022, central banks acquired 1078 tons of gold, marking the highest annual demand for this precious metal since 1950, more than doubling the previous year’s level. UBS also projects that the price of goldContinue Reading
Written on May 22, 2023 at 1:55 pm
Categories: News Technical Analysis
STARTRADER Monday’s Market Update 22-05-2023
US indices ended last Friday’s session on a decline after a temporary suspension of debt ceiling talks between Republicans and Democrats. However, the indices posted weekly gains, with the exception of the Dow Jones, which ended the session down by 0.3%. Janet Yellen, the US Treasury Secretary, has been making statements and issuing warnings, declaringContinue Reading
Written on May 22, 2023 at 11:12 am
Categories: News In the Spotlight
مقابلة تلفزيونية مع أيمن النوباني للتحدّث عن تأثيرات أزمة سقف الدين

في مقابلته مع CNBC العربية، شارك محلّل الأسواق المالية لدى ستارتريدر، أيمن النوباني، توقعاته حول الأسواق المالية وتأثيرات أزمة سقف الدين على الأسعار والأصول الاستثمارية.
Written on May 22, 2023 at 11:09 am
Categories: News In the Spotlight
The Technology Sector Supports US Indices

Market News Summary European stocks rose at the end of trading on Thursday, supported by hopes for a breakthrough in the US public debt ceiling crisis. The German blue-chip index recorded its highest level in more than a year. The European STOXX 600 index closed up 0.4%, with the auto and technology company indices leadingContinue Reading
Written on May 19, 2023 at 7:10 am
Categories: News Technical Analysis
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