Charting masterclass: why moving averages act as support and resistance
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YouTubeIG UK
Charting masterclass: why moving averages act as support and resistance
Most traders know what a moving average is. Fewer know how to actually use one. In this Charting Masterclass, Axel Rudolph, Chief Technical Analyst at IG, uses a daily Brent Crude chart to show how the 55 and 200 day simple moving averages repeatedly acted as support and resistance across the November 2025 to June 2026 period. The 55 day SMA ...
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