Tag: Pattern

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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 [...]
Bitcoin Climbs Past $27.4K but Remains in Holding Pattern as Investors Continue Their Debt Limit Vigil

Bitcoin Climbs Past $27.4K but Remains in Holding Pattern as Investors Continue Their Debt Limit Vigil

Ether and most other major altcoins rise slightly, even as stocks drop amid worries about whether U.S. lawmakers will reach an agreement before June 1 [...]
Bitcoin (BTC) Chalks Out ‘Head and Shoulders’ Pattern Ahead of U.S. Jobs Data: Valkyrie Investments

Bitcoin (BTC) Chalks Out ‘Head and Shoulders’ Pattern Ahead of U.S. Jobs Data: Valkyrie Investments

"High timeframe trend metrics remain firmly bullish, a near-term [bearish] reversal chart pattern has emerged. Although not classically meeting the te [...]
EUR/USD Stuck in a Holding Pattern Ahead of High Impact Data Releases

EUR/USD Stuck in a Holding Pattern Ahead of High Impact Data Releases

EUR/USD Price, Chart, and AnalysisEUR/USD waiting for US Q1 GDP at 12:30 GMTHeavyweight Euro, German and US data releases set for release on Friday.E [...]
USD/CAD Rises on Oil’s Slump, Nasdaq 100 Carves Double Top Pattern as Bears Lurk

USD/CAD Rises on Oil’s Slump, Nasdaq 100 Carves Double Top Pattern as Bears Lurk

CANADIAN DOLLAR, NASDAQ 100 OUTLOOK:Canadian dollar weakens, pressured by lower oil prices and the broader U.S. dollar reboundUSD/CAD breaks above its [...]
USD/CAD Rises on Oil’s Slump, Nasdaq 100 Carves Double Top Pattern as Bears Lurk

USD/CAD Rises on Oil’s Slump, Nasdaq 100 Carves Double Top Pattern as Bears Lurk

CANADIAN DOLLAR, NASDAQ 100 OUTLOOK:Canadian dollar weakens, pressured by lower oil prices and the broader U.S. dollar reboundUSD/CAD breaks above its [...]
Gold Could Test Multi-Month Highs if a Bullish Technical Pattern Plays Out

Gold Could Test Multi-Month Highs if a Bullish Technical Pattern Plays Out

Gold Price (XAU/USD), Chart, and AnalysisGold eyes a re-test of $2,000/oz.A bullish pennant formation, if held, suggests higher prices. Recommend [...]
Shares of Grayscale Bitcoin Trust Form Bullish Chart Pattern: Technical Analyst

Shares of Grayscale Bitcoin Trust Form Bullish Chart Pattern: Technical Analyst

"If judges turn more favorable, then there is the chance that GBTC Trust shares can be converted into an ETF. In that case, the discount in GBTC share [...]
Justice Dept. Finds Pattern of Discriminatory Policing in Louisville

Justice Dept. Finds Pattern of Discriminatory Policing in Louisville

The review, undertaken after a specialized unit killed Breonna Taylor in a botched raid in 2020, paints a damning portrait of a department in crisis. [...]
Does Bitcoin's Weekly Death Cross Pattern Call for Caution?

Does Bitcoin's Weekly Death Cross Pattern Call for Caution?

The death cross formed on the weekly timeframe makes for a cautious view of the near-term outlook, one observer said, while another called it a non-ev [...]
WTI Crude Oil Technical Forecast: Morningstar Candlestick Pattern Hints at Bullish Continuation – DailyFX

WTI Crude Oil Technical Forecast: Morningstar Candlestick Pattern Hints at Bullish Continuation – DailyFX

WTI Crude Oil Technical Forecast: Morningstar Candlestick Pattern Hints at Bullish Continuation  DailyFX www.dailyfx.com [...]
EUR/USD Rejected at Resistance, GBP/USD Carves Out Bearish Double Top Pattern

EUR/USD Rejected at Resistance, GBP/USD Carves Out Bearish Double Top Pattern

EUR/USD AND GBP/USD FORECAST:EUR/USD pivots lower and resumes its decline after failing to break above a key technical resistance areaGBP/USD appears [...]
EUR/USD Rejected at Resistance, GBP/USD Carves Out Bearish Double Top Pattern

EUR/USD Rejected at Resistance, GBP/USD Carves Out Bearish Double Top Pattern

EUR/USD AND GBP/USD FORECAST:EUR/USD pivots lower and resumes its decline after failing to break above a key technical resistance areaGBP/USD appears [...]
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