The market has been forming a rectangular chart pattern with a slight upside bias since bottoming at $1453.10 on November 12. The two higher bottoms at $1456.60 and $1463.00 and the two higher tops at ...
The US dollar aimed higher this past week, but prices were unable to extend the dominant uptrend. This can be seen by looking at the DXY dollar Index weekly chart below. Prices have been rallying ...
Morgan Stanley projects that the bullish rectangle pattern has upside potential that could reach the high posted this year at 2.90, with 2.30 serving as a pivotal level in the current trading range.
Bearish pennants and bullish pennants can indicate that major price action is on the cards – so understanding them is crucial for any technical trader. Here’s an introduction to how pennants work, and ...
A bullish pennant chart pattern can be a powerful bullish chart pattern that is found during strong bull markets that is very similar to the bull flag. They are more rare than a bull flag. The price ...
Gold prices are trading higher late in the session on Friday after posting a wild two-sided trade throughout the session. The U.S. Dollar is trading higher, stocks are trading mixed to higher, and U.S ...