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Week Ahead: Central Banks return, political drama and BIG earnings

October 22, 2021 9:59 PM

After a few weeks out of the limelight for major central banks, the BOC, BOJ, and ECB meet to discuss monetary policy.

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Pivot Points

  • Pivot Point
  • Distance

    Distance

    Distance shows the difference between the pivot point and bid rate. It is calculated by subtracting the ask rate from the pivot point rate.

  • Bid
  • Ask
HIGH
LOW
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R1
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HIGH
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Close
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HIGH
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Understanding Pivot Points

Pivot points are used by traders as a predictive indicator and denote levels of technical significance. When used in conjunction with other technical indicators such as support and resistance or Fibonacci, pivot points can...Read More
Learn more about Technical Analysis