The ability to recognize and interpret chart patterns is an essential skill for any forex trader looking to make informed ...

A head and shoulders pattern is bearish if the price drops below the second shoulder line. A typical head and ... (Nasdaq: Apple) In the candlestick chart below (which shows daily intraday ...

I have been asked to expand a little on the chart formation known as the 'Head and Shoulders' (H&S). Most traders will have heard of this pattern ... I have drawn a line joining the interim ...

“Daily momentum is mild bearish while RSI fell. Head and shoulders pattern appears to have formed with DXY testing the neckline (which was respected on Friday). This is typically a bearish setu ...

The US Dollar (USD) traded lower last Fri post-release of payrolls, unemployment report. But subsequently traded higher into NY close. DXY was last at 105.95 levels, OCBC’s FX analysts Frances Cheung ...

Line charts and bar charts are used in all ... contract and 5.1% APY on cash with no restrictions. The head and shoulders pattern might be the most popular stock chart pattern in technical analysis.

I find that the gold futures have completed the formation of ‘Head & Shoulders” pattern in the daily chart indicates a lot about the further directional moves by the gold futures. On Thursday ...