After staging the beginning of what would become a methodical upside trend in August of this year, the GBP/NZD currency pair has run into a wall of indecision; promulgated by the triangle forming on the Daily and 4 hour charts. Read More GBP NZD Wedges into Triangle for Possible Breakout
Gold Forms a Triangle Pattern Under $1800 Read More What does a Triangle Pattern mean for Gold
Read More USDOLLAR Shoots Through Triangle Line and Reverses
Read More Swiss Franc Triangle Pattern is a Consideration
Most crude oil benchmarks are now approaching the psychologically-significant $100 level, but fundamentals suggest that a sustainable break is not yet in the cards. Read More Crude Oil Rises but Underperforms Equities, Gold Carves out an Ascending Triangle
The USD/CAD has quietly erased its earlier losses that were generated by a surge in commodity prices on the back of strong Chinese demand. Read More USD CAD Triangle Presents Scalping Opportunity
The EUR/CHF price action has quieted as concerns over the crisis in Europe have waned which could continue with Ireland’s passing of a new budget. Read More EUR CHF Triangle Presents Scalping Opportunity
FXstreet.com (Barcelona) – The Euro surged yesterday, breaking through the upper limit of the last… For more information, read our latest forex news. Read More Forex EUR USD above triangle pattern, more upside, likely Ian Coleman
After a week of major event risk for Canada we could see USD/CAD price action quiet if broader trends cooperate. The Bank of Canada raised rates by 25 bps but painted a gloomier outlook negating the potential impact of the change in policy. Read More Triangle Formation Makes USD CAD Scalping Target
Gold hit a 7-week low on Dec. 22 from recent optimistc data of the U.S. economy. For example, U.S. existing housing sales jumped more than expected, and GDP grew at a 2.2% rate in the third quarter, the fastest pace in two years, amid a larger-t 6 Vote(s) Read More Gold, Dollar and Euro A [...]
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