Saturday, May 31, 2025
  • About
  • Write for us
  • Contact
Today News
  • Business
  • Tech
    Top Reasons Why Free VPNs Are Still a Smart Choice in 2025

    Top Reasons Why Free VPNs Are Still a Smart Choice in 2025

    Benefits of a Global Free VPN Extension

    Benefits of a Global Free VPN Extension

    Digital Education

    EdTech in the UK: Are We Ready for the Next Phase of Digital Education?

    Virtual Numbers vs SIM Cards: Which Is Best for International Business?

    Virtual Numbers vs SIM Cards: Which Is Best for International Business?

    How Secure is Your Client Portal?

    How Secure is Your Client Portal?

    Machine to Listen

    What Happens When You Teach a Machine to Listen

    Revolutionising Business Connectivity: The Power of eSIM Technology

    Revolutionising Business Connectivity: The Power of eSIM Technology

    How to Buy a Second-Hand Tablet in the UK Without Getting Ripped Off

    How to Buy a Second-Hand Tablet in the UK Without Getting Ripped Off

    Ai

    AI Ad Generator vs Human Designers: What Works Better?

  • Consumer
    Craving Connection: Why Food Gifting Is the New Love Language

    Craving Connection: Why Food Gifting Is the New Love Language

    How to Celebrate Milestones from Afar: The Rise of Digital Gifting in the UK

    How to Celebrate Milestones from Afar: The Rise of Digital Gifting in the UK

    How to adjust glasses at home – a step-by-step guide!

    How to adjust glasses at home – a step-by-step guide!

    Why quality toilet cubicle hardware matters

    Why quality toilet cubicle hardware matters

    Common Mistakes in KYC Identity Verification

    Common Mistakes in KYC Identity Verification

    Consumer habits

    British Furniture Market Sees Significant Changes in Consumer Preferences

    Why are high-street bookmakers declining in the UK?

    Why are high-street bookmakers declining in the UK?

    Straps for smartwatches: The Complete guide

    Straps for smartwatches: The Complete guide

    High street retailers are at a “crossroads”, says retail tycoon

    High street retailers are at a “crossroads”, says retail tycoon

  • Finance
    What is Automated Invoice Processing?

    What is Automated Invoice Processing?

    The UK Treasury Aims to Introduce a Single Tax for Remote Gambling

    The UK Treasury Aims to Introduce a Single Tax for Remote Gambling

    Eriongroup.biz Reviews: Confident Investments with a European Broker

    Eriongroup.biz Reviews: Confident Investments with a European Broker

    How Crypto is Enabling Micropayments for Content

    How Crypto is Enabling Micropayments for Content

    Fan Tokens: When Finance Meets the Passion for Football

    Fan Tokens: When Finance Meets the Passion for Football

    The Hidden Costs of Convenience: Why Subscription Overspending Is the New Budget Killer

    The Hidden Costs of Convenience: Why Subscription Overspending Is the New Budget Killer

    10 Best UK Trading Platforms in 2025

    10 Best UK Trading Platforms in 2025

    Crypto Trading

    Proprietary Crypto Trading and How It Works

    Should You Get an MBA or Learn on the Job? A Guide for Entrepreneurs

    Should You Get an MBA or Learn on the Job? A Guide for Entrepreneurs

  • Environment
    Moving Abroad? Here’s What to Expect – and Why Cardboard and Plastic Waste Removal Is Essential After Unpacking

    Moving Abroad? Here’s What to Expect – and Why Cardboard and Plastic Waste Removal Is Essential After Unpacking

    How Weather Events Like Heavy Rain or Heatwaves Affect Pest Activity

    How Weather Events Like Heavy Rain or Heatwaves Affect Pest Activity

    Building a Carbon-Competitive Advantage with Sustainability and Decarbonization Consulting

    Building a Carbon-Competitive Advantage with Sustainability and Decarbonization Consulting

    The Lost Art of Orienteering: Why Map and Compass Skills Still Matter

    The Lost Art of Orienteering: Why Map and Compass Skills Still Matter

    Sustainability in Dining: Reducing Waste for a More Profitable Future

    Sustainability in Dining: Reducing Waste for a More Profitable Future

    Environmental Benefits

    What Are The Environmental Benefits Of Choosing Eco-friendly Rubbish Removal In Croydon?

    Why You Should Hire Waste collectors for efficient waste removal

    Why You Should Hire Waste collectors for efficient waste removal

    Choosing the Right Floating Dock Platform for Your Aquaculture Cages

    Choosing the Right Floating Dock Platform for Your Aquaculture Cages

    How to Use UV Light in Your HVAC System for Cleaner Air

    How to Use UV Light in Your HVAC System for Cleaner Air

  • Property
    Importance Of Having A Property Management System For Airbnb Hosts 

    Importance Of Having A Property Management System For Airbnb Hosts 

    Real Estate

    Secrets to Building Wealth through Real Estate Investing

    Real Estate

    Precision Matters: Why a Specialist Real Estate Makes All the Difference

    Guide to purchasing property in Marbella

    Guide to purchasing property in Marbella

    Can Parquet Flooring Work in Modern Homes: A Versatile Choice or Just for Period Properties?

    Can Parquet Flooring Work in Modern Homes: A Versatile Choice or Just for Period Properties?

    7 Key Benefits of Asset Tracking for Property Owners

    7 Key Benefits of Asset Tracking for Property Owners

    company event image

    Luxury vs. Budget: Wedding Venues in the City of London for Every Couple

    Home

    How to Sell Your Chelsea Home for the Best Price

    How Smart Homes Are Changing the Way We Live

    How Smart Homes Are Changing the Way We Live

  • eCommerce
    The Importance of Digital Valuations for UK Ecommerce Brands

    The Importance of Digital Valuations for UK Ecommerce Brands

    Blink-and-Buy: Designing Checkouts That Convert in Under 10 Seconds

    Blink-and-Buy: Designing Checkouts That Convert in Under 10 Seconds

    High Stakes Strategies: Lessons E-commerce Entrepreneurs Can Learn from Casinos

    High Stakes Strategies: Lessons E-commerce Entrepreneurs Can Learn from Casinos

    Amazon Expert

    Amazon Expert: Key Qualifications to Look For

    Boosting Ecommerce Revenue with Smart Targeting Strategies

    Boosting Ecommerce Revenue with Smart Targeting Strategies

    Personalized Shopping: How Technology is Transforming Retail

    Personalized Shopping: How Technology is Transforming Retail

    How Can Ecommerce Businesses Learn From Entertainment Platforms?

    How Can Ecommerce Businesses Learn From Entertainment Platforms?

    Magento Web Development Company: Unlocking the Power of E-Commerce

    Magento Web Development Company: Unlocking the Power of E-Commerce

    eCommerce in 2025: What’s Changing and Why It Matters

    eCommerce in 2025: What’s Changing and Why It Matters

No Result
View All Result
Today News
Home Finance

How To Identify Reversals in Forex

David Prior by David Prior
July 14, 2022
Reading Time: 5 mins read
How To Identify Reversals in Forex
632
VIEWS
Share on FacebookShare on TwitterShare on LinkedIn

Following the global money flow in the FX market daily is quite a task.

Forex is the most volatile and largest market in the current global setting, even though many don’t perceive it as such. The stock exchange, for example, particularly the New York Stock Exchange, has over $25.2 trillion in market capitalization in 2022.

Related posts

What is Automated Invoice Processing?

What is Automated Invoice Processing?

May 28, 2025
549
The UK Treasury Aims to Introduce a Single Tax for Remote Gambling

The UK Treasury Aims to Introduce a Single Tax for Remote Gambling

May 27, 2025
452

To make a clear distinction, the forex market is valued at $2.409 quadrillion for the same year.

Forex trading is considered to be quite hard, but if you use the right forex strategies, then you can rest assured that you’ll generate some income. One moment in trading that picks the eye of many newbies and experienced currency traders is determining a reversal.

Continue reading to learn how to identify reversals and better understand FX exchanges.

How Does Forex Work? 

Forex, short for Foreign Exchange Market, is one of the world’s most traded markets, and it actively operates 24 hours a day – only on weekdays. 

Before starting to trade, choosing a good broker is your first step, which you can do when you compare forex brokers on Brokersview. After that, it’s choosing the right strategy. 

Before learning to identify reversals, it is essential to differentiate them from retracements. 

How To Differentiate Reversals From Retracements?

Reversals and retracements can be easily confused in trading, so distinguishing them could save you a lot of trouble. 

Here are the major distinctions:

  • Reversals:
  • It can happen any time;
  • Long-term occurrence;
  • Change of fundamentals;
  • Uptrending has little buying interest;
  • The downtrend has little selling interest.
  • Retracements:
  • Only after huge direction movement;
  • Short-term occurrence;
  • No change in fundamentals;
  • Uptrending has buying interest;
  • The downtrend has selling interest.

How To Identify Reversals?

Identifying reversals can sound more complicated than it is, but with the correct information, these are quite easy to spot.

There are many diverse methods to help with reversal identifications but what is common about all of them is the simplicity to reach better trading in a few simple steps. Let’s see some ways to identify reversals today.

Recall the Fibonacci Levels

A very popular method in trading is using the Fibonacci levels. It is not always very simple, but it brings results to the table. 

Fibonacci levels are lines that signal the possible support or resistance levels in which the price could change direction. This method works best when the marketing is trending, so the real potential can be revealed.

Buying when the market is at an uptrend and selling when the market is at a downtrend is the simple idea of the Fibonacci levels. So when the price swifts to a new trend direction, it logically means that it would return to a price it previously had and then resume its direction. 

To use the Fibonacci levels, you must detect the Swing High and Low. The Swing High is when you have two lower highs on both sides of the candlestick. Contrary, the Swing Low has two higher highs on both sides. 

Use Pivot Points

Pivot points are similar to the Fibonacci levels in some way.

They represent the support and resistance points, and the idea is to look at the support points for trending ups and the resistance points for trending downs.

Pivot points are important for trading because they are unbiased. The support and resistance levels are where the direction could switch and where a price evolution can occur. They either bounce or break, and these points resemble a point where reversals happen. 

This method is especially useful for traders who are there for the short run. Identifying reversal points is easy – just by retracting the lowest support and highest resistance points.

Following the Trend Lines

After a trend line gets broken, a reversal happens – this is the logic behind the method. 

There are three trend lines: uptrend, downtrend, and sideways trend. 

When you connect the two most noticeable support areas, an uptrend or ascending trend line occurs. Connecting three or more means that the trend is likely to happen. In contrast, a downtrend, or a descending trend line, occurs when you connect the two major resistance areas.

The more excessive the line is, the steeper it gets – down or up, the more likely it will break and end the trend. 

To Summarize

Many consider trading to be an ability when all it requires is time, patience, and will to learn. There are many approaches to identifying reversals.

The techniques mentioned above: Fibonacci levels, pivot points, and trend lines, when used in tandem with the correct confirmation indicator, might maximize the profits from your trading. 

If you’re starting, sign up for a demo account at your favourite broker and try out ways to recognize when the asset price is about to change.

David Prior

David Prior is the editor of Today News, responsible for the overall editorial strategy. He is an NCTJ-qualified journalist with over 20 years’ experience, and is also editor of the award-winning hyperlocal news title Altrincham Today. His LinkedIn profile is here.

Previous Post

Which Type of Vehicle Finance is Best for You?

Next Post

A Mezzanine Floor for Optimal Space Efficiency

Related Posts

What is Automated Invoice Processing?
Finance

What is Automated Invoice Processing?

May 28, 2025
549
The UK Treasury Aims to Introduce a Single Tax for Remote Gambling
Finance

The UK Treasury Aims to Introduce a Single Tax for Remote Gambling

May 27, 2025
452
Eriongroup.biz Reviews: Confident Investments with a European Broker
Finance

Eriongroup.biz Reviews: Confident Investments with a European Broker

May 26, 2025
453
How Crypto is Enabling Micropayments for Content
Finance

How Crypto is Enabling Micropayments for Content

May 22, 2025
456
Fan Tokens: When Finance Meets the Passion for Football
Finance

Fan Tokens: When Finance Meets the Passion for Football

May 20, 2025
452
The Hidden Costs of Convenience: Why Subscription Overspending Is the New Budget Killer
Finance

The Hidden Costs of Convenience: Why Subscription Overspending Is the New Budget Killer

May 20, 2025
377
Next Post
A Mezzanine Floor for Optimal Space Efficiency

A Mezzanine Floor for Optimal Space Efficiency

RECOMMENDED NEWS

Car Finance

Why Choose a Car Finance Claims Management Company?

8 months ago
44
Sportsbook betting software from GR8 — achieve your business goals with GR8 Tech solutions

Sportsbook betting software from GR8 — achieve your business goals with GR8 Tech solutions

2 years ago
462
Exclusive Sports and Casino Promotions at 1Win Korea’s Online Casino

Exclusive Sports and Casino Promotions at 1Win Korea’s Online Casino

9 months ago
38
How HubSpot Consulting can be a Game-Changer for Your Business

How HubSpot Consulting can be a Game-Changer for Your Business

1 month ago
30

BROWSE BY CATEGORIES

  • Business
  • Careers
  • Charity
  • Consumer
  • Culture
  • eCommerce
  • Education
  • Energy
  • Engineering
  • Entertainment
  • Entrepreneurs
  • Environment
  • Fashion
  • Finance
  • Food & Drink
  • Gaming
  • Gardening
  • Health
  • Insurance
  • Interiors
  • Legal
  • Leisure
  • Lifestyle
  • Manufacturing
  • Marketing
  • National
  • News
  • Opinion
  • Pets
  • Politics
  • Property
  • Sales
  • Sport
  • Sports
  • Tech
  • Transport
  • Travel
  • Uncategorized

BROWSE BY TOPICS

Agency AI autosmart banking Beauty business Christmas construction cyber security data digital Digital Marketing Services ecommerce entertainmnet finance fitness health inflation insurance kitchen KYND lifestyle manchester music News north overseas Personal Injury Pharmaceutical Industry property Real Estate recruitment Sir Michael Morpurgo Skincare sports technology The Victoria Quarter tourism travel UK vehicles Warkworth village watch workspace yorkshire

Latest news

How to choose the right dentist for your smile makeover

How to choose the right dentist for your smile makeover

May 30, 2025
Top Reasons Why Free VPNs Are Still a Smart Choice in 2025

Top Reasons Why Free VPNs Are Still a Smart Choice in 2025

May 30, 2025
Benefits of a Global Free VPN Extension

Benefits of a Global Free VPN Extension

May 30, 2025
Digital Education

EdTech in the UK: Are We Ready for the Next Phase of Digital Education?

May 29, 2025
Reshaping Construction

Compact Power, Big Impact: How Mini Excavators Are Reshaping Construction

May 29, 2025
Pac-Man Arcade Machine

Pac-Man Arcade Machine: How a Phenomenon Was Born

May 29, 2025
Syna World Hoodies

Level Up Your Look with the Hottest Syna World Hoodies

May 29, 2025
Cross Linking in Polymers

Understanding Cross Linking in Polymers for Better Performance

May 29, 2025
Machine Maintenance

ISBM Machine Maintenance Tips for Optimal Performance

May 29, 2025
French Dairy vs. British Dairy

French Dairy vs. British Dairy: How’s the Difference in Taste and Use?

May 29, 2025

Today News

  • About
  • Write for us
  • Contact
  • Privacy Policy

@2024 Rooftree Publishing Ltd

Today News in association with Kajino.com

Sign up for our newsletter




  • Business
  • Tech
  • Consumer
  • Finance
  • Environment
  • Property
  • eCommerce

Recent News

How to choose the right dentist for your smile makeover

How to choose the right dentist for your smile makeover

May 30, 2025
Top Reasons Why Free VPNs Are Still a Smart Choice in 2025

Top Reasons Why Free VPNs Are Still a Smart Choice in 2025

May 30, 2025
No Result
View All Result
  • Home
  • Business
  • Tech
  • Consumer
  • Finance
  • Environment
  • Property
  • eCommerce
  • Write for us
  • About
  • Contact