A Head and Shoulders Top (bearish reversal pattern) appears to be forming on the USD/CAD daily chart. The pattern appears after an uptrend and is defined by three successive peaks, with the middle ...
Olimpiu is a seasoned Market Analyst / Trader with 11 years of experience in the financial markets having expertise in Forex, Commodities, Index, Cryptocurrencies, and Stocks. The GBP/USD pair trades ...
Several USD/JPY crosses are turning down from key resistance levels that we’ve been tracking for weeks, or even months. While market movements often require a catalyst—whether risk-off sentiment or ...
The USD/CAD pair could potentially resume its upward movement as a falling wedge pattern suggests a bullish reversal signal. A break below the psychological 1.3500 level could lead the pair to test ...
Elliott Wave analysis is different from other types of technical analysis, because it puts everything into context. No head & shoulders patterns just hanging there in space. No trading based solely on ...