Classic chart patterns apply to financial market worldwide. One of these time-tested patterns had been in the making for 18 years when one of analysts called for a move to "new all-time highs." Look at these two charts …

 


 

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Editors’ Picks

EUR/USD leaning lower as the USD gains ground

EUR/USD is trading closer to 1.10, as the US dollar gradually advances. Two White House advisers expressed contradicting accounts of US-Sino trade talks, causing confusion. Germany refrained from adding fiscal stimulus.

EUR/USD News

GBP/USD dives below 1.25 as EU pours cold water on Brexit hopes

GBP/USD is falling 1.25, over 100 pips off from the two-month highs of 1.2582 as EU officials cast doubts about the seriousness of the new UK proposals on Brexit. 

GBP/USD News

USD/JPY Forecast: A breakout of 108.50 should put the 109.30 area on the radar

The USD/JPY is seeing some corrective downside after recent tops and failure at the 108.50 region, which continues to cap occasional bullish attempts for the time being.

USD/JPY News

Editors’ Picks

EUR/USD leaning lower as the USD gains ground

EUR/USD is trading closer to 1.10, as the US dollar gradually advances. Two White House advisers expressed contradicting accounts of US-Sino trade talks, causing confusion. Germany refrained from adding fiscal stimulus.

EUR/USD News

GBP/USD dives below 1.25 as EU pours cold water on Brexit hopes

GBP/USD is falling 1.25, over 100 pips off from the two-month highs of 1.2582 as EU officials cast doubts about the seriousness of the new UK proposals on Brexit. 

GBP/USD News

USD/JPY Forecast: A breakout of 108.50 should put the 109.30 area on the radar

The USD/JPY is seeing some corrective downside after recent tops and failure at the 108.50 region, which continues to cap occasional bullish attempts for the time being.

USD/JPY News

Top 3 price prediction Bitcoin, Ripple, Ethereum: Ethereum points to the Moon as Bitcoin takes a break

ETH/USD exceeds $220 and is bidding to lead the market. Bitcoin sets a bear trap and recaptures $10,000. XRP stalls between technical levels and fails to consolidate $0.30.

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Gold climbs further beyond $1500 mark, lacks follow-through

Gold edged higher for the second consecutive session on Friday, albeit remained well within a familiar trading range held over the past two weeks or so.

Gold News

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