Breakout

GOLD PRICE OUTLOOK:Gold’s rally loses momentum after prices fail to sustain a key technical resistance’s breakoutImproving sentiment reduces demand for safe-haven assets, preventing XAU/USD from powering higherHowever, market turbulence…

Euro, EUR/USD, US Dollar, Trend, Momentum, Bollinger Bands - Talking pointsEUR/USD has crumbled below some simple moving averagesWhile still in the range, the lower bound is being inspected by the bearsIf the US Dollar contuse to rally,…

Natural Gas, Rising Wedge Breakout – Technical Update:Natural gas prices abruptly reverse lower on milder US weather outlookMonday’s 14.52 percent drop was the worst going back to June of 2022A bearish Rising Wedge breakout is now in play…

Trend reversals are excellent trading opportunities. It allows traders to profit from the market as price action starts to reverse against an established trend. This type of market condition provides the…

Looking for more U.S. dollar trades? I gotchu! February was a GOOD month for USD/CHF, as it found bottom at .9060 to jump allll the way to its current .9420 levels. But can USD/CHF bulls keep up the pressure? USD/CHF 1-Hour Forex Chart…

Share: NZD/USD seesaws in a choppy range after confirming a bullish chart formation and refreshing two-week…

Reversal alert! Brent crude oil has been cruising below a descending trend line since the middle of the month, but it looks like a breakout is brewing. The commodity price has formed higher lows over the past few days, suggesting that…

USD/CAD ANALYSIS & TALKING POINTSUSD strength has been limiting CAD upside but could be fading.Canadian GDP and US consumer confidence in focus later today.Rising wedge formation could suggest looming CAD strength. Recommended by…

Trading is not gambling. Many people think trading is just a glorified casino, but it really not like that. Gamblers play the game of chance, while traders play the game of probabilities. If you are risking money…

USD/CAD & OIL PRICES TECHNICAL OUTLOOK:USD/CAD appears biased to the upside in the near termOil prices have been developing a bearish pattern in recent weeks, so the technical signals are negativeVolatility could remain elevated as…