The Daily Edge is authored by Ivan Delgado, 10y Forex Trader veteran & Market Insights Commentator at Global Prime. Feel free to follow Ivan on Twitter & Youtube weekly show. You can also subscribe to the mailing list to receive Ivan’s Daily wrap. The purpose of this content is to provide an assessment of the conditions, taking an in-depth look of market dynamics – fundamentals and technicals – determine daily biases and assist one’s trading decisions.
Ivan Delgado, Market Insights Commentator at Global Prime, illustrates how important it is that you pay attention to the projection levels via the Fibonacci tool.
In the majority of cases, you will find at least some temporary support or resistance.
The purpose of these institutional-level chart studies is to educate traders on their understanding of the FX market.
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