As the accompanying chart shows, the panic selling in KRE looks exhausted at current levels, with the sell-off stopping just short of penetrating the key Fibonacci retracement level of 78.6% at the close on 3 May.

Source: https://seekingalpha.com/article/4600387-kre-bank-etf-too-much-fear-too-cheap-to-ignore?source=feed_all_articles

Importantly, this new leg of up move has begun from a very crucial support around ₹250, where the 61.8 per cent Fibonacci retracement, 200-week moving average and a trendline supports are poised.

Source: https://www.thehindubusinessline.com/portfolio/technical-analysis/technical-call-birlasoft-buy/article66846422.ece

In fact, there’s the daily and the 4-hour red 21 moving average and the 38.2% Fibonacci retracement level.

Source: https://www.forexlive.com/technical-analysis/nasdaq-composite-technical-analysis-we-are-at-a-key-support-20230907/

In this case, we should see a pullback into the previous swing low level where we can also find the 50% Fibonacci retracement level and the lower bound of the channel for confluence.

Source: https://www.forexlive.com/technical-analysis/wti-crude-oil-technical-analysis-20230712/

Join Duncan Cooper’s webinar to identify trading levels using Fibonacci retracements, trend analysis & S/R on major forex pairs.

Source: https://forextv.com/crypto-currency-news/acy-securities-webinar-for-may-25-live-forex-market-review-identifying-high-probability-trading-levels/

Key short-term resistance to watch will be at 95.70 which also coincides with the 50% Fibonacci retracement of the current minor short-term downtrend phase from 29 September 2023 high to today, 3 October current intraday low of 94.50.

Source: https://www.marketpulse.com/forex/aud-jpy-technical-bearish-reaction-from-key-long-term-range-resistance-in-place-since-oct-2007/kwong

On the 1 hour chart, we can see that we now have a good resistance zone around the broken trendline where we can find the with the downward trendline, the red 21 moving average and the 38.2% Fibonacci retracement level.

Source: https://www.forexlive.com/technical-analysis/nasdaq-composite-technical-analysis-the-bears-remain-in-control-20231027/

On the 4 hour chart, we can see that if we get a bounce on the trendline, there will be a strong resistance around the 4460 level as we have the of the trendline, the previous swing low level and the Fibonacci retracement levels.

Source: https://www.forexlive.com/technical-analysis/sp-500-technical-analysis-this-trendline-is-key-for-the-next-major-move-20230817/

On the daily chart, we can see that Ethereum fell all the way down to the 1816 where we had also the 50% Fibonacci retracement level.

Source: https://www.forexlive.com/technical-analysis/ethereum-technical-analysis-bounce-on-a-key-support-20230809/

The key levels to watch here are the Fibonacci level and the swing low support at 0.6234.

Source: https://www.forexlive.com/technical-analysis/nzdusd-technical-analysis-20230517/

Watch the key short-term pivotal support at US$1,957 with the next intermediate resistances coming in at US$2,006 and US$2,028/2,037 (upper boundary of the short-term ascending channel from 6 October 2023 low & Fibonacci extension).

Source: https://www.marketpulse.com/commodities/gold-technical-bullish-impulsive-up-move-may-have-resumed/kwong

We can also see that there is the 50% Fibonacci retracement level and the red 21 near the 1820 support, so the buyers have a strong zone here where they can lean on with defined risk below the level and target the 1920 resistance.

Source: https://www.forexlive.com/technical-analysis/russell-2000-technical-analysis-20230626/