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Latest Research

European Open: Alibaba shares rally over 16% on news of company split

Matt Simpson March 29, 2023 6:36 AM

Alibaba shares ripped higher and on track for its best daily performance in 11-months on the announcement the conglomerate will split into six companies.

TAGS: , Stocks,

Australia's softer inflation could see the RBA hold rates next week

March 29, 2023 3:27 AM

TAGS: Australia, , Inflation, RBA,

Precious moments: Did Gold just remind financial markets’ what it’s there for?

March 28, 2023 1:43 PM

TAGS: Bonds, US, , , US Dollar, US earnings, US economy, , US equities

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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
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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