Tag: Formation
Bitcoin Tops $27K a Week After Death Cross Formation With Fed Likely to Extend Rate Pause
The U.S. rates traders do not see the Fed raising rates for the rest of the year.
www.coindesk.com [...]
Loonie to Exploit Death Cross Formation?
USD/CAD ANLAYSIS & TALKING POINTSCrude oil via OPEC+ gives CAD a boost.BOC rate hike expectations remain on the fence.Death cross established, wh [...]
EUR/USD Faces Key Catalysts as Double Bottom Formation Signals Potential Recovery
The EUR/USD currency pair is treading cautiously, with modest gains around 1.0775, as it awaits significant market drivers in early Wednesday trading. [...]
Oil Price Breaks Out of Bull Flag Formation to Eye Monthly High
Crude Oil Price Talking PointsThe price of oil trades back above the 50-Day SMA ($86.68) after defending the monthly low ($80.87), and crude may cont [...]
Oil Price Reverses Ahead of Monthly Low to Keep Bull Flag Formation Intact
Crude Oil Price Talking PointsThe price of oil trades in a narrow range despite an unexpected decline in US inventories, but a bull-flag formation ma [...]
Bull Flag Formation Takes Shape
Crude Oil Price Talking PointsThe price of oil halts a three-day selloff despite a larger-than-expected rise in US inventories, and crude may continu [...]
FTSE 100 – Triangle Formation in Play
The FTSE 100 has been on a bullish run since March 2020 low. It appreciated nearly 57% since the Covid-19 pandemic. A further appreciation is still i [...]
S&P 500 Under Pressure as Evening Star Formation Starts to Build
S&P 500 – Talking PointsS&P 500 begins week on the backfoot, rallies above 3900 continue to failEvening star on the daily chart paints ominou [...]
AUD/USD Eyes Chinese Credit Data After Bullish Candlestick Formation
Australian Dollar, AUD/USD, Japan Election, New Yuan Loans, Technical Outlook - Talking PointsAustralian Dollar trades against falling iron ore price [...]
EUR/USD Rate Eyes 2017 Low as Bear Flag Formation Unfolds
EUR/USD Rate Talking PointsEUR/USD trades to a fresh yearly low (1.0354) as a bear flag formation unfolds, and the oversold reading in the Relative S [...]
EUR/USD Bear Flag Formation Takes Shape
EUR/USD Rate Talking PointsEUR/USD appears to be stuck in a narrow range as it gives back the advance following the Federal Reserve interest rate dec [...]
GBP/NZD Uptrend Slows as Double Top Reversal Formation Brews
British Pound, New Zealand Dollar, GBP/NZD, Double Top – Analyst PickBritish Pound may be readying to weaken against the New Zealand DollarA majors-b [...]
USD/JPY Rate Eyes March 2017 High as Bull Flag Formation Unfolds
Japanese Yen Talking PointsUSD/JPY carved a bearish outside day candle as it pulled back from a fresh yearly high (114.97), but the exchange rate [...]
USD/CAD Rate Outlook Mired by Bear Flag Formation
Canadian Dollar Talking PointsUSD/CAD attempts to retrace the initial decline following the update to the US Consumer Price Index (CPI), but the e [...]
USD/JPY Trades in Bull Flag Formation Ahead of FOMC Rate Decision
Japanese Yen Talking PointsUSD/JPY continues to consolidate within a bull flag formation as longer-dated US Treasury yields remain under pressure, [...]