Reversal

Is that a sketchy head and shoulders pattern I’m seeing on the 4-hour chart of this U.S. stock index? And if price is already breaking down the neckline of the reversal formation, just how low can it go from here? Check out the nearby…

Most Read: US Dollar on Defense Before Key US CPI Data – Setups on EUR/USD & USD/JPYGold has soared and hit one record after another this year, with the bulk of the bullish move taking place over the course of the past two months.…

The USDJPY bumped against three-year highs this week on both Wednesday and Friday, and found willing sellers each time. The high on Wednesday reached 151.81. The high today reached 151.85. That compares to the 2022 high at 151.95, and the…

Missed the breakdown on EUR/JPY? This yen pair recently fell through its ascending trend line that had been holding since the start of the year, indicating that a downtrend may be in the cards. If you’re hoping to catch this potential…

High risk warning: Foreign exchange trading carries a high level of risk that may not be suitable for all investors. Leverage creates additional risk and loss exposure. Before you decide to trade foreign exchange,…

In case you missed our latest Global Market Weekly Recap, you should know that Japanese officials like BOJ members and its top currency diplomat have hinted that they’re uncomfortable with the yen’s sharp and sustained downswings. …

BOJ officials aren't playing around and yen traders are taking notice! In case you missed it, hawkish sentiments from Japanese officials upped the odds of the Bank of Japan (BOJ) exiting its negative interest rate policies sooner than…

ADA, the native token of the Cardano ecosystem, has experienced a notable surge in price, taking advantage of Bitcoin’s (BTC) stagnation above the $52,000 level. With gains of 20% and 14% over the past thirty…

WW International Inc. suffered its worst month on record in January, erasing the wellness company’s advance since it said in March that it was entering the growing market for a new class of weight-loss drugs.  WW, better known as…

Is that a double top pattern I’m seeing on USD/CAD? Better keep your eyes on this neckline support to gauge if a selloff is due soon! USD/CAD 1-hour Forex Chart by TradingView Check out this pair’s failed attempts to bust through the…