The US dollar index (DXY) has crashed hard in the past few weeks, erasing all gains made earlier this year and moving to its lowest level since July 2023. It has plunged by over 9.35% from its highest ...

Correctly identifying and subsequently trading the triangle chart pattern has benefitted many technical forex traders. The triangle pattern is traditionally categorized as a continuation chart pattern ...

The first pattern involves the weekly chart’s Moving Average Convergence Divergence (MACD) histogram, a momentum indicator used to identify trend changes and reversals. MACD crossovers above or below ...

If the bearish pattern is completed, the SOX could be engulfed in a long-term downtrend that lasts into 2025 Semiconductor stocks have had a pretty rough week. And the way the charts are set up, the ...

The Dow Jones Index has pulled back in the past few days as the recent bull run faded. It pulled back to a low of $46,350, and a risky pattern it has formed points to more downside in the coming weeks ...

Tim Smith has 20+ years of experience in the financial services industry, both as a writer and as a trader. The U.S. dollar index held steady on Monday after hitting a three-year low last week, as the ...

You might be familiar with “island reversals” or “pennants”, “double bottoms” or “falling wedges”. These are some of the many recurring patterns that appear in stock charts that now have their own ...

US stocks edge higher as the S&P500 nears 7000, with Nasdaq recovering and tech stocks improving. Market sentiment and sector ...

AMD's stock has severely underperformed in 2024 despite AI chip success, lagging behind NVIDIA and the broader semiconductor sector. Technical indicators show a lack of buying interest matched against ...

Technical analysis patterns offer a structured way to read the collective psychology of the market, translating chaotic price action into recognizable, repeatable setups. For the individual investor, ...

Discover how the bearish harami pattern signals reversals in uptrends. Learn about its key components and strategies to ...

Semiconductor stocks have had a pretty rough week. And the way the charts are set up, the sector that was at the center of the AI-led boom in top technology stocks could very well end up having a ...