Bullish rectangle pattern example in video This video shows how I use bullish rectangle pattern for my trading technical analysis. Bullish rectangle pattern is used to mark consolidation candles and place price alert. This way trader is notified when bullish rectangle pattern is broken and price action is created. I like bullish rectangle chart pattern to get edge
Article by IG Senior Market Analyst Axel Rudolph Ftse 100, Nasdaq 100, Dow Jones Analysis and Charts FTSE 100 has broken through its downtrend line The FTSE 100 has now broken through its July-to-August downtrend line, tracking Wall Street higher following weak US job opening data which shows that the US economy may be cooling,
Share: Oil (WTI) sees a boost in its price with hurricane Adalia and OPEC+ production cuts. US Dollar strength tops out and could start to abate as risk-on sentiment slows demand for the Greenback. This evening the American Petroleum Institute is due to print its weekly numbers. Oil prices are moving higher this
British Pound, GBP/USD, Technical Analysis, Retail Trader Positioning – IGCS Update British Pound sees the worst 24 hours since late July Retail traders have increased upside GBP/USD bets Bearish Head & Shoulders chart pattern still in focus Recommended by Daniel Dubrovsky Get Your Free GBP Forecast The British Pound closed at its lowest against the
Euro, EUR/USD, Technical Analysis, Retail Trader Positioning – IGCS Update Euro on course for a 6th consecutive weekly loss Retail traders are maintaining their bullish bets EUR/USD faces rising support from November Recommended by Daniel Dubrovsky Get Your Free EUR Forecast The Euro is on course for a 6th consecutive weekly loss against the US
Gold, Retail Trader Positioning, Technical Analysis – IGCS Update Gold prices weakened for 4 consecutive weeks Retail traders continue to become more bullish What are key levels to watch for in XAU/USD? Recommended by Daniel Dubrovsky Get Your Free Gold Forecast Gold prices concluded a 4th consecutive week of losses this past Friday. In fact,
USD/JPY, EUR/JPY FORECAST: Your Free Guide to the Yen for the Rest of Q3 Below Recommended by Zain Vawda Get Your Free JPY Forecast MOST READ: Finance Minister Suzuki Sticks to Script as EUR/JPY, USD/JPY Advance The Yen has held firm this morning against the Euro and the Greenback as USD/JPY reaches overbought territory. A
The USDCAD has been trading above and below its 200-day moving average over the last few trading days. Yesterday it broke to the upside and also extended above the 50% midpoint of the 2023 trading range. Both those developments tilts the bias of further in favor of the buyers. Stay above the 50% midpoint at
Gold, Retail Trader Positioning, Technical Analysis – IGCS Update Gold prices aiming for worst month since February Retail traders continue to become more net-long XAU/USD at risk after breaking below trendline Recommended by Daniel Dubrovsky Get Your Free Gold Forecast So far this month, gold prices have weakened about -3.2 percent as a combination of
Gold, Retail Trader Positioning, Technical Analysis – IGCS Update Gold prices continue aiming lower in recent weeks Retail traders are becoming increasingly bullish This continues to offer a bearish contrarian signal Recommended by Daniel Dubrovsky Get Your Free Gold Forecast Gold prices have been continuing to aim cautiously lower in recent weeks. In response, retail
