Breakouts

US Dollar, S&P 500, Trendlines – Technical Update:US Dollar eyeing 5th weekly gain, S&P 500 faces 3rd weekly lossDXY Dollar Index facing key falling trendline, will the latter hold?Meanwhile, the S&P 500 is looking to key…

Share: EUR/USD has demonstrated a stellar run to near 1.1150 amid an intense sell-off in the USD Index.…

Share: AUD/USD pair has resumed its upside journey amid a correction in the US Dollar Index. The USD Index…

Share: USD/JPY has jumped swiftly to near 135.00 as BoJ has announced a continuation of ultra-dovish…

I’m seeing tighter consolidation on these short-term triangle patterns on EUR/JPY and USD/CAD. Better be ready for these breakouts when they happen! EUR/JPY 1-hour Forex Chart by TradingView First up this ascending triangle pattern…

KOSPI, KOREA COMPOSITE STOCK PRICE INDEX, TOPIX, TOKYO STOCK PRICE INDEX - TECHNICAL OUTLOOK:TOPIX is on the verge of a breakout from a multi-month sideway pattern.A potential reverse head & shoulders in KOSPI.What are the key levels…

Share: USD/CAD is struggling to surpass 1.3650, however, the upside looks favored amid strength in the USD…

Who’s ready to trade the Australian dollar? I hope you are because AUD/JPY and AUD/NZD are sitting on key support and resistance levels! Check out their 1-hour charts: AUD/JPY 1-hour Forex Chart by TradingView I spy with my eye a…

Share: USD/CHF is aiming to deliver a break above 0.9280 amid the risk aversion theme. Rising odds of more…

I’m seeing consolidation patterns on the 4-hour charts of AUD/JPY and NZD/JPY. Think these pairs are due to break out soon? And which direction might they go? AUD/JPY 4-hour Forex Chart by TradingView First up is this rising wedge…