EURUSD Bottoming, USDJPY Topping

Euro Weekly Chart

…chart that a major bottom was being formed near the redrawn support line. EURUSD Weekly/Daily/4hr/Hourly Although the weekly MACD is still steeply sloping down, the daily RSI, Stochastics and MACD all appear ready to turn up, led by their 4hr counterparts. In the time since I grabbed the screenshot below, the EURUSD has continued edging higher, and appears ready to form a tradable bottom. USDJPY Weekly/Daily/4hr/Hourly The USDJPY has finally begu…

EURUSD About to Complete Symmetrical Triangle on Daily Chart

EURUSD (Wkly/Dly/4hr/Hrly) Charts

…likely to provide a trend reversal or ongoing momentum in the coming week. EURUSD Weekly/Daily/4hr/Hourly The EURUSD is at the end of a symmetrical triangle (seen on the daily chart), and at a former downchannel resistance line (on the weekly chart). The market awaits a series of announcements today, starting with the French Flash Manufacturing PMI, Flash Manufacturing German PMI and the results of the Eurogroup meetings. Although the weekly and d…

EURUSD Reverses More Than Half of Jul-Oct Slide

…in the headline above. Week’s Top 3 Trades includes technical analysis on: EURUSD, AUDUSD + Week’s Top Trade (GBPUSD) Week’s Top 3 Trades has a similar format to Today’s Top 3 Trades which has been discontinued, where technical analysis is provided on 3 futures markets from the Watchlist which appear to have the highest chance in the coming week to reverse a prior/existing trend or to extend a current trend. Week’s Top 3 Trades is also available o…

EURUSD Tries Resuming Bounce Off 2023 Low

…in the headline above. Week’s Top 3 Trades includes technical analysis on: EURUSD, GBPAUD + Week’s Top Trade (USDCAD) Week’s Top 3 Trades has a similar format to Today’s Top 3 Trades which has been discontinued, where technical analysis is provided on 3 futures markets from the Watchlist which appear to have the highest chance in the coming week to reverse a prior/existing trend or to extend a current trend. Week’s Top 3 Trades is also available o…

EURUSD Weekly Chart Bull Flag Consolidation Near Complete

…e headline above. Today’s Top 3 Trades includes technical analysis on: FX (EURUSD | GBPUSD) + Today’s Top Trade (Natural Gas) Join the world’s largest asset manager and 3 of the world’s 5 largest (and 5 of the 10 largest) hedge funds by AUM as daily readers of Tradable Patterns’ technical analysis. As seen on Bloomberg, Refinitiv, FACTSET and Interactive Brokers, readers regularly include global top 10 investment banks. If you represent an institu…

EURUSD Weekly Chart Ascending Wedge Near Complete Ahead of ECB

…e headline above. Today’s Top 3 Trades includes technical analysis on: FX (EURUSD | GBPUSD) + Today’s Top Trade (Silver) Join the world’s largest asset manager and 3 of the world’s 5 largest (and 5 of the 10 largest) hedge funds by AUM as daily readers of Tradable Patterns’ technical analysis. As seen on Bloomberg, Refinitiv, FACTSET and Interactive Brokers, readers regularly include global top 10 investment banks. If you represent an institutiona…

EURUSD 2 Week Plus Bull Flag Consolidation Near Complete

…e headline above. Today’s Top 3 Trades includes technical analysis on: FX (EURUSD | GBPUSD) + Today’s Top Trade (Silver) Join the world’s largest asset manager and 2 of the world’s 5 largest (and 5 of the 10 largest) hedge funds by AUM as daily readers of Tradable Patterns’ technical analysis. As seen on Bloomberg, Refinitiv, FACTSET and Interactive Brokers, readers regularly include global top 10 investment banks. If you represent an institutiona…

EURUSD Consolidating Near Key 1 Level

…e headline above. Today’s Top 3 Trades includes technical analysis on: FX (EURUSD | GBPAUD) + Today’s Top Trade (Gold) Join the world’s largest asset manager and 2 of the world’s 5 largest (and 5 of the 10 largest) hedge funds by AUM as daily readers of Tradable Patterns’ technical analysis. As seen on Bloomberg, Refinitiv, FACTSET and Interactive Brokers, readers regularly include global top 10 investment banks. If you represent an institutional…

EURUSD Awaiting Eurogroup Decision on Greek Reform Proposals

EURUSD (Wkly/Dly/4hr/Hrly) Charts

…likely to provide a trend reversal or ongoing momentum in the coming week. EURUSD Weekly/Daily/4hr/Hourly As it turns out the initially announced (on Friday) extension to the Greek debt deal has not been approved yet, as Greek reform proposals are being submitted today, and can result in the Friday deal either be approved or rejected. As a result, the EURUSD remains near the end of a symmetrical triangle (seen on the daily chart), and is testing a…

EURUSD Gaining Bullish Momentum on Weekly, Daily, 4hr Charts

WTI Crude (Wkly/Dly/4hr/Hrly) Charts

…likely to provide a trend reversal or ongoing momentum in the coming week. EURUSD Weekly/Daily/4hr/Hourly The EURUSD continues edging towards the end of a symmetrical triangle (on the daily chart) and is retesting former downchannel support (now resistance on the weekly chart). With the weekly, daily and 4hr RSI, Stochastics and MACD mostly sloping up in rally mode, the daily chart’s symmetrical triangle is increasingly likely to break to the upsi…