Reversal

AUD/CAD looks set to break above a Double Bottom pattern! Think we’ll see a bullish reversal in the next trading sessions? Check out what’s cookin’ in AUD/CAD’s 4-hour time frame:AUD/CAD 4-hour Forex Chart by TradingView As you can…

Gold was unable to sustain its consolidation breakout earlier on, creating a reversal pattern instead. Will we see confirmation soon? As you can see from the 4-hour chart below, XAU/USD is completing the second shoulder on its head and…

US DOLLAR OUTLOOK – EUR/USD, GBP/USD, USD/JPYThe U.S. dollar has largely stalled its rebound, consolidating around the 102.00 level in recent daysU.S. interest rates expectations shifted in a dovish direction last week, with traders pricing…

Stock market bulls seem to be hitting the pause button on the S&P 500’s climb. Does this mean that a selloff is in order? Here’s the reversal confirmation zone I’m watching on the 4-hour chart. S&P 500 Index (SPX500) 4-hour…

GOLD PRICE (XAU/USD) OUTLOOKGold deepens its retracement as U.S. yields and the U.S. dollar push higherThe U.S. jobs report will steal the limelight later this weekThis article examines key XAU/USD’s levels to watch in the coming days…

Heads up, gold bugs! I’m seeing a potential reversal brewing on the hourly chart of the precious metal. XAU/USD has formed a head and shoulders pattern on the short-term time frame and the commodity price is currently testing the…

© Reuters. XRP Stumbles Upon This Resistance, But Reversal Could Be Around Corner U.Today - As the crypto market is slowly recovering, has recently hit a snag at a notable resistance level, sparking discussions among traders and…

USDCAD trades to new 4 month low. Tests swing area.The USDCAD is trading to another new low today- taking out the low from yesterday at 1.33107. The low price reached 1.3303. That got within 5 pips of the low of a swing area I have that…

The yen has been in selloff mode ever since the BOJ renewed its dovish stance. Can CAD/JPY keep up its climb from here? Here’s what I’m seeing on the 1-hour frame: CAD/JPY 1-hour Forex Chart by TV Yen pairs popped higher earlier this…

GOLD PRICE OUTLOOKGold prices stall their advance as New York Fed President John Williams contradicts Powell’s pivotWilliams’ pushback may be more about damage control than a complete reversal of the existing strategyThis article analyzes…