Jul 3, 2003 22:05
21 yrs ago
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English term

key level

English Bus/Financial
Informed and in-depth reporting also includes specialist reports such as trade flows, **key level** and technical reporting as well as fast-breaking FX market reactions to economic indicators and policy-making commentaries

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identification of significant chart levels

Technical analysts often identify price levels which are important for further price developments: the most common are "support" and "resistance" levels. Have a look at the "Technical Market Update" published by Julius Bär (see URL below), and you'll see what I mean. (Don't worry about the lingo, though... S-H-S means "shoulder-head-shoulder" - a classic chart pattern...)
Peer comment(s):

agree DGK T-I : 'key' as in crucial, decisively important
1 hr
agree airmailrpl
8 hrs
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4 KudoZ points awarded for this answer. Comment: "Grazie, Laura"
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