Breakout

#USDCAD: Important Breakout 🔻USDCAD broke and closed below a solid horizontal demand cluster on a daily. The broken structure turned into resistance now. Probabilities will be high to see a bearish move from that.…

Natural Gas, Falling Wedge Breakout? – Technical Update:Natural gas prices appear to have reinforced supportPositive RSI divergence warns of a possible reversalThis is as prices are trying to breakout above a wedge Trade Smarter - Sign…

S&P 500 TECHNICAL OUTLOOK:U.S. stocks rally as market sentiment continues to improveThe S&P 500 jumps 1.42% and comes within striking distance of clearing a key technical resistanceAll eyes on the February PCE report due out…

EUR/USD AND GBP/USD OUTLOOK:Euro and sterling begin the week on a positive note, bolstered by improving market sentimentU.S. dollar weakens amid lower safe-haven demandThis article analyzes key EUR/USD and GBP/USD tech levels to watch in…

Looking for breakout setups to explore this week? Intel is about to test a range resistance, GALA is in a tight triangle pattern, and EUR/AUD looks ready for a reversal. Check them out! EUR/AUD 4-hour Forex Chart by TradingView Last…

#EURUSD: Important BreakoutBulls push EURUSD heavily after yesterday's Interest Rate Decision and FOMC.The price has successfully broken and closed above a solid horizontal supply cluster.The next solid resistance that I see is…

GOLD PRICE FORECAST:Gold prices rise following the Fed’s dovish hike at its March FOMC meetingThe U.S. central bank raised rates by 25 basis points, but signaled its tightening cycle is coming to an endThe fundamental outlook remains…

Nasdaq-100 Index (#US100) Waiting For Breakout ⚠️Nasdaq Index is stuck between 2 solid structures. Depending on the reaction to the underlined areas, I see 2 potential scenarios. 1 - Bullish If the price breaks and…

Where my crypto buddies at? Bitcoin is stalling around nine-month highs past $28,000 and might need a fresh bullish boost. Will we see another upside breakout or will BTC/USD need to retreat to these areas of interest? Bitcoin…

Momentum breakout strategies are good starting points for new traders. This is because strong momentum often causes price action to continue further in its direction as it carries volume along with it. This…