Tag: Pattern

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USD/ZAR Prints Ominous Double Bottom Pattern

USD/ZAR Prints Ominous Double Bottom Pattern

USD/ZAR OUTLOOK:MOST READ: EUR/USD Slides as Euro Area Makes Progress on Core Inflation, Headline SteadyThe South African Rand (ZAR) had been enjoyin [...]
GBP/USD Price Forecast: US GDP & ADP Fight Head & Shoulders Pattern – DailyFX

GBP/USD Price Forecast: US GDP & ADP Fight Head & Shoulders Pattern – DailyFX

GBP/USD Price Forecast: US GDP & ADP Fight Head & Shoulders Pattern  DailyFX www.dailyfx.com [...]
US GDP & ADP Fight Head & Shoulders Pattern

US GDP & ADP Fight Head & Shoulders Pattern

STOP! From December 19th, 2022, this website is no longer intended for residents of the United States. Content on this site is not a solicitation to [...]
Crypto Market’s Inverse Head & Shoulders Pattern Teases ‘Alt Season’: Technical Analysis

Crypto Market’s Inverse Head & Shoulders Pattern Teases ‘Alt Season’: Technical Analysis

If you have a look at the altcoin's daily market cap chart, the bottom of the left shoulder, $188.4 billion, was created in June 2022, the low of the [...]
FOREX-Dollar in holding pattern as US inflation test looms; PBOC supports yuan

FOREX-Dollar in holding pattern as US inflation test looms; PBOC supports yuan

By Kevin BucklandTOKYO, Aug 10 (Reuters) - The dollar held near the centre of its range this week against a basket of major peers, as investors awaite [...]
This Bitcoin Chart Pattern Looks Like Bart Simpson and May Predict a Bull Run

This Bitcoin Chart Pattern Looks Like Bart Simpson and May Predict a Bull Run

So, $30,000, $31,500, and $32,000 all hold historical significance for BTC, — more specifically, the range between $29,000 and $32,000 is literally wh [...]
Bullish Reversing Pattern in EUR/GBP After Sticky Eurozone Core CPI

Bullish Reversing Pattern in EUR/GBP After Sticky Eurozone Core CPI

Last week, EUR/GBP shifted to a bearish trend and experienced a decline of approximately 150 pips. The decline occurred from its high of 0.87 on July [...]
Bullish Reversal Pattern in USD/CAD, With Fundamentals Supporting It

Bullish Reversal Pattern in USD/CAD, With Fundamentals Supporting It

USD/CAD has been declining since October last year, with highs getting lower, although now we are seeing signs that the retreat might be over. Crude O [...]
First Mover Americas: Bitcoin Continues in Holding Pattern Ahead of June U.S. Inflation Data

First Mover Americas: Bitcoin Continues in Holding Pattern Ahead of June U.S. Inflation Data

The latest price moves in bitcoin (BTC) and crypto markets in context for July 12, 2023. First Mover is CoinDesk’s daily newsletter that contextualize [...]
US Stocks Sink as Yields Soar, S&P 500 Carves Out Bearish Double-Top Pattern

US Stocks Sink as Yields Soar, S&P 500 Carves Out Bearish Double-Top Pattern

S&P 500 OUTLOOK:S&P 500 falls as U.S. Treasury rates skyrocket following strong U.S. economic dataSolid private sector payrolls and services s [...]
Bitcoin price can gain 60% if ‘textbook’ chart pattern confirms — Trader

Bitcoin price can gain 60% if ‘textbook’ chart pattern confirms — Trader

Bitcoin (BTC) may be in line for 60% upside if a long-term chart feature stays intact.In part of his latest analysis on June 8, popular trader Mikybul [...]
EUR/USD Turns the Tide as USD/JPY Fumbles, USD/CAD Carves Out Double-Top Pattern

EUR/USD Turns the Tide as USD/JPY Fumbles, USD/CAD Carves Out Double-Top Pattern

EUR/USD TECHNICAL ANALYSISEUR/USD regained strength on Thursday and managed to bounce off horizontal support at 1.0640/1.0600 following Wednesday’s st [...]
EUR/USD Turns the Tide as USD/JPY Fumbles, USD/CAD Carves Out Double-Top Pattern

EUR/USD Turns the Tide as USD/JPY Fumbles, USD/CAD Carves Out Double-Top Pattern

EUR/USD TECHNICAL ANALYSISEUR/USD regained strength on Thursday and managed to bounce off horizontal support at 1.0640/1.0600 following Wednesday’s st [...]
This bearish technical pattern hints at a double-digit drop in Bitcoin price

This bearish technical pattern hints at a double-digit drop in Bitcoin price

A bearish technical formation has driven down the total crypto market capitalization over the past seven weeks. Bitcoin’s (BTC) 2% decline — and a 1.7 [...]
First Mover Asia: Bitcoin Holding Pattern Continues as Lawmakers' Make Progress in Debt Limit Negotiations

First Mover Asia: Bitcoin Holding Pattern Continues as Lawmakers' Make Progress in Debt Limit Negotiations

ALSO: Graphics-chip manufacturer Nvidia's powerful GPUs were well-suited for bitcoin mining, but they now seem primed to boost the company's sales bec [...]
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