USD/CAD’s impulsive swings have continued with a Piercing Line pattern left in its wake. Yet the key reversal pattern awaits confirmation from a successive up-period to offer a bullish signal. Traders ...

We can see that the price is breaking below the neckline. Shoulder Head Shoulder bearish pattern is in progress. Any retest of the trend line might be used by bears to reject the price lower again.

What Is Multi-Timeframe Analysis? How to Align Weekly, Daily, and Hourly Charts The USD/CAD has formed inverted head and shoulder bullish pattern. The right shoulder has been formed, however the price ...

USD/CAD formed a Japanese candlestick reversal pattern on Wednesday. Price could be about to fall in a large ABC or Measured Move price pattern. Joaquin Monfort is a financial writer and analyst with ...

USD/CAD has gained nearly 450 pips since the Fed announced their recent round of rate hikes in December. Though the pair has run into some structural resistance, namely the November 2016 highs, it ...

In today’s trading sniper I would like to show you the power of triangle patterns and I will do it using less frequently covered currency pairs. Triangles, especially ascending and descending ones are ...

A Head and Shoulders Top (bearish reversal pattern) appears to be forming on the USD/CAD daily chart. The pattern appears after an uptrend and is defined by three successive peaks, with the middle ...